All posts by : Admin-CL

Dominion Lending Centres Clearlease Reports Even deep value investors see little in Nokia (NYSE:NOK)

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Even investors who see value in beaten down stocks perceive little opportunity in the sinking shares of phone maker Nokia (NYSE:NOK).

“This is an example of where a low price doesn’t mean value,” said David Herro, manager of the Oakmark International Fund , speaking on a panel at the Morningstar investor conference on Thursday June 9, 2011.

Nokia’s value has plunged by more than half since February, after the leak of a memo from new Chief Executive Stephen Elop’s that compared the company’s market position to a man standing on a burning oil platform.

George Evans, director of international equities at Oppenheimer Funds, made reference to Elop’s memo in dismissing the company’s prospects.

“They are getting absolutely clobbered at the top and at the bottom,” Evans said at the Morningstar conference.

Smart phones running Apple and Google software are capturing the high end while low-cost Asian companies are beating Nokia in the market for cheap handsets, he said.

“Nokia has lost its design mojo,” Evans added. “I don’t see how they get out of the hole they’re in. It’s a big mess.”

Earlier on Thursday, Nokia confirmed that its technology chief was on indefinite leave after a media report on strategy disagreements, and a second credit agency cut its rating in another blow for the stricken phone maker.

Shares of Nokia hovered near 13-year lows after Finnish newspaper Helsingin Sanomat said CTO Richard Green had disagreed with CEO Elop over Nokia’s Microsoft-focused smartphone strategy and might not return.

Nokia confirmed that Green was on leave and said it was for personal reasons but declined to comment further on Thursday. Henry Tirri, head of Nokia Research Center, will be acting CTO.

“They appear to be a pretty big share loser and I don’t see where it turns,” said Bob Smith, manager of the T. Rowe Price International Stock Fund .

Oakmark’s Herro, whose fund has outperformed 99 percent of similar funds over the past three years, said he prefers Samsung <005930.KS>, the Korean electronics maker, which is gaining market share in phones.

“They are one of those companies that beat up on Nokia,” Herro said.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Even investors who see value in beaten down stocks perceive little opportunity in the sinking shares of phone maker Nokia (NYSE:NOK).

“This is an example of where a low price doesn’t mean value,” said David Herro, manager of the Oakmark International Fund , speaking on a panel at the Morningstar investor conference on Thursday June 9, 2011.

Nokia’s value has plunged by more than half since February, after the leak of a memo from new Chief Executive Stephen Elop’s that compared the company’s market position to a man standing on a burning oil platform.

George Evans, director of international equities at Oppenheimer Funds, made reference to Elop’s memo in dismissing the company’s prospects.

“They are getting absolutely clobbered at the top and at the bottom,” Evans said at the Morningstar conference.

Smart phones running Apple and Google software are capturing the high end while low-cost Asian companies are beating Nokia in the market for cheap handsets, he said.

“Nokia has lost its design mojo,” Evans added. “I don’t see how they get out of the hole they’re in. It’s a big mess.”

Earlier on Thursday, Nokia confirmed that its technology chief was on indefinite leave after a media report on strategy disagreements, and a second credit agency cut its rating in another blow for the stricken phone maker.

Shares of Nokia hovered near 13-year lows after Finnish newspaper Helsingin Sanomat said CTO Richard Green had disagreed with CEO Elop over Nokia’s Microsoft-focused smartphone strategy and might not return.

Nokia confirmed that Green was on leave and said it was for personal reasons but declined to comment further on Thursday. Henry Tirri, head of Nokia Research Center, will be acting CTO.

“They appear to be a pretty big share loser and I don’t see where it turns,” said Bob Smith, manager of the T. Rowe Price International Stock Fund .

Oakmark’s Herro, whose fund has outperformed 99 percent of similar funds over the past three years, said he prefers Samsung <005930.KS>, the Korean electronics maker, which is gaining market share in phones.

“They are one of those companies that beat up on Nokia,” Herro said.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Avaya Holdings Corp files for IPO of up to $1 billion

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Private equity-backed Avaya Holdings Corp, a telecom equipment maker, on Thursday June 9, 2011 became the latest in a rush of IPOs and filings by technology sector companies.

The Basking Ridge, New Jersey-based company was taken private by Silver Lake Partners and TPG in 2007 for just over $8 billion.

On Thursday, it filed to raise up to $1 billion in an initial public offering. The $1 billion figure in the filing is used to calculate registration fees and the final size of the IPO could be different. The company did not specify the number of shares it hopes to sell, an expected price range, exchange or ticker symbol.

Avaya sells communications software, equipment and support services. In the six months ended March 31, it posted a net loss attributable to common stockholders of $615 million on revenue of $2.8 billion.

Avaya estimates the total value of the markets it operates in will be worth about $77 billion in 2011, the company said in its S-1 IPO filing with the U.S. Securities and Exchange Commission.

Avaya said it would use proceeds from the IPO to repay some of its debt, redeem preferred stock and pay management termination fees to its sponsors.

Morgan Stanley, Goldman Sachs and JPMorgan are leading the underwriters on the IPO.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Private equity-backed Avaya Holdings Corp, a telecom equipment maker, on Thursday June 9, 2011 became the latest in a rush of IPOs and filings by technology sector companies.

The Basking Ridge, New Jersey-based company was taken private by Silver Lake Partners and TPG in 2007 for just over $8 billion.

On Thursday, it filed to raise up to $1 billion in an initial public offering. The $1 billion figure in the filing is used to calculate registration fees and the final size of the IPO could be different. The company did not specify the number of shares it hopes to sell, an expected price range, exchange or ticker symbol.

Avaya sells communications software, equipment and support services. In the six months ended March 31, it posted a net loss attributable to common stockholders of $615 million on revenue of $2.8 billion.

Avaya estimates the total value of the markets it operates in will be worth about $77 billion in 2011, the company said in its S-1 IPO filing with the U.S. Securities and Exchange Commission.

Avaya said it would use proceeds from the IPO to repay some of its debt, redeem preferred stock and pay management termination fees to its sponsors.

Morgan Stanley, Goldman Sachs and JPMorgan are leading the underwriters on the IPO.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Microsoft (NASDAQ:MSFT) loses Supreme Court case on Canadian patent

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Microsoft Corp (NASDAQ:MSFT) suffered a defeat on Thursday when the Supreme Court upheld a record $290 million jury verdict against the software giant for infringing a small Canadian company’s patent.

The justices unanimously agreed with a U.S. appeals court ruling that went against the world’s largest software company in its legal battle with Toronto-based i4i.

The high court refused to adopt Microsoft’s lower standard to replace the long-standing requirement that a defendant in a patent infringement case prove by clear and convincing evidence that a plaintiff’s patent is invalid.

Redmond, Washington-based Microsoft had argued that a lower standard of proof involving a “preponderance of the evidence” would make some “bad” patents easier to invalidate while promoting innovation and competition.

Justice Sonia Sotomayor, who wrote the opinion, said the court rejected Microsoft’s contention that a defendant need only persuade a jury of a patent’s invalidity by a preponderance of the evidence.

When Congress has prescribed the governing standard of proof, its choice generally controls, she said.

The Obama administration and i4i opposed Microsoft’s position and said Congress had accepted the standard in effect for the past 28 years and the Supreme Court should uphold it.

The legal battle began in 2007 when i4i sued Microsoft. A federal jury awarded $290 million to i4i after finding that Microsoft, in 2003 and 2007 versions of Word, its word processing application, had infringed i4i’s patent relating to text manipulation software.

A U.S. appeals court upheld the award, and the U.S. Patent and Trademark Office upheld the validity of the i4i patent.

Microsoft continued to dispute those decisions, but removed the contested features from its current software.

In appealing to the Supreme Court, Microsoft said it wanted a new trial. But the justices ruled against Microsoft.

The case is not entirely over, however, since Microsoft also has a challenge to the patent pending at the patent office and may have to pay other potential licensing fees, said Michel Vulpe, i4i’s founder and chief technology officer.

“We’re very pleased that the court did the right thing,” and that the decision was unanimous, Vulpe told Reuters.

SIGNIFICANT BUSINESS CASE

Loudon Owen, i4i’s chairman, said in a statement, “This is one of the most significant business cases the court has decided in decades.”

Microsoft has said it is the largest patent infringement verdict ever affirmed on appeal. It has also said it had set aside money for the verdict, so it was not material to its earnings.

“While the outcome is not what we had hoped for, we will continue to advocate for changes to the law that will prevent abuse of the patent system and protect inventors who hold patents representing true innovation,” Microsoft spokesman Kevin Kutz said in an email statement.

Max Grant, a patent law attorney at Latham & Watkins, said that by upholding the status quo “the Supreme Court wisely left alone a complex area of the law that balances many competing interests.”

Microsoft’s share price dipped when the decision was announced but quickly recovered and was little changed at $23.93 in afternoon trade.

Sotomayor wrote that any decision to change the standard in patent infringement cases would have to come from Congress. She noted that the standard of clear and convincing evidence was almost 30 years old and had been left untouched during previous congressional patent system reforms.

Google Inc, Yahoo Inc and trade groups such as the Computer & Communications Industry Association supported Microsoft, while Bayer AG, 3M Co and groups representing biotechnology companies and pharmaceutical manufacturers backed i4i.

The case was decided by eight of the nine Supreme Court members. Chief Justice John Roberts, who owns Microsoft stock, recused himself from the case.

The Supreme Court case is Microsoft Corp v. i4i Limited Partnership and Infrastructures for Information Inc, No. 10-290.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Microsoft Corp (NASDAQ:MSFT) suffered a defeat on Thursday when the Supreme Court upheld a record $290 million jury verdict against the software giant for infringing a small Canadian company’s patent.

The justices unanimously agreed with a U.S. appeals court ruling that went against the world’s largest software company in its legal battle with Toronto-based i4i.

The high court refused to adopt Microsoft’s lower standard to replace the long-standing requirement that a defendant in a patent infringement case prove by clear and convincing evidence that a plaintiff’s patent is invalid.

Redmond, Washington-based Microsoft had argued that a lower standard of proof involving a “preponderance of the evidence” would make some “bad” patents easier to invalidate while promoting innovation and competition.

Justice Sonia Sotomayor, who wrote the opinion, said the court rejected Microsoft’s contention that a defendant need only persuade a jury of a patent’s invalidity by a preponderance of the evidence.

When Congress has prescribed the governing standard of proof, its choice generally controls, she said.

The Obama administration and i4i opposed Microsoft’s position and said Congress had accepted the standard in effect for the past 28 years and the Supreme Court should uphold it.

The legal battle began in 2007 when i4i sued Microsoft. A federal jury awarded $290 million to i4i after finding that Microsoft, in 2003 and 2007 versions of Word, its word processing application, had infringed i4i’s patent relating to text manipulation software.

A U.S. appeals court upheld the award, and the U.S. Patent and Trademark Office upheld the validity of the i4i patent.

Microsoft continued to dispute those decisions, but removed the contested features from its current software.

In appealing to the Supreme Court, Microsoft said it wanted a new trial. But the justices ruled against Microsoft.

The case is not entirely over, however, since Microsoft also has a challenge to the patent pending at the patent office and may have to pay other potential licensing fees, said Michel Vulpe, i4i’s founder and chief technology officer.

“We’re very pleased that the court did the right thing,” and that the decision was unanimous, Vulpe told Reuters.

SIGNIFICANT BUSINESS CASE

Loudon Owen, i4i’s chairman, said in a statement, “This is one of the most significant business cases the court has decided in decades.”

Microsoft has said it is the largest patent infringement verdict ever affirmed on appeal. It has also said it had set aside money for the verdict, so it was not material to its earnings.

“While the outcome is not what we had hoped for, we will continue to advocate for changes to the law that will prevent abuse of the patent system and protect inventors who hold patents representing true innovation,” Microsoft spokesman Kevin Kutz said in an email statement.

Max Grant, a patent law attorney at Latham & Watkins, said that by upholding the status quo “the Supreme Court wisely left alone a complex area of the law that balances many competing interests.”

Microsoft’s share price dipped when the decision was announced but quickly recovered and was little changed at $23.93 in afternoon trade.

Sotomayor wrote that any decision to change the standard in patent infringement cases would have to come from Congress. She noted that the standard of clear and convincing evidence was almost 30 years old and had been left untouched during previous congressional patent system reforms.

Google Inc, Yahoo Inc and trade groups such as the Computer & Communications Industry Association supported Microsoft, while Bayer AG, 3M Co and groups representing biotechnology companies and pharmaceutical manufacturers backed i4i.

The case was decided by eight of the nine Supreme Court members. Chief Justice John Roberts, who owns Microsoft stock, recused himself from the case.

The Supreme Court case is Microsoft Corp v. i4i Limited Partnership and Infrastructures for Information Inc, No. 10-290.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Citi (NYSE:C) confirms data breach at Citi Account Online

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Citigroup Inc (NYSE:C) confirmed Thuirsday June 9, 2011 a computer breach at Citi Account Online, giving hackers access to the data of hundreds of thousands of bank card customers.

The bank recently discovered unauthorized access at Citi Account Online through routine monitoring, a spokesperson told Reuters in an email.

The bank said about 1 percent of its card customers were affected by the breach.

The name of the customers, account numbers and contact information including email addresses of the affected accounts were viewed, Citi said.

Other information such as birth dates, social security numbers, card expiration date and card security code (CVV) was not compromised, Citi said.

“We are contacting customers whose information was impacted. Citi has implemented enhanced procedures to prevent a recurrence of this type of event,” the spokesperson said.

The Financial Times first reported about the data breach.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Citigroup Inc (NYSE:C) confirmed Thuirsday June 9, 2011 a computer breach at Citi Account Online, giving hackers access to the data of hundreds of thousands of bank card customers.

The bank recently discovered unauthorized access at Citi Account Online through routine monitoring, a spokesperson told Reuters in an email.

The bank said about 1 percent of its card customers were affected by the breach.

The name of the customers, account numbers and contact information including email addresses of the affected accounts were viewed, Citi said.

Other information such as birth dates, social security numbers, card expiration date and card security code (CVV) was not compromised, Citi said.

“We are contacting customers whose information was impacted. Citi has implemented enhanced procedures to prevent a recurrence of this type of event,” the spokesperson said.

The Financial Times first reported about the data breach.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Digital discount distributor Coupons.com gets $200 million boost from institutional investors

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Digital coupon provider Coupons.com Inc. has received $200 million from undisclosed institutional investors, making it the latest Internet company to attract significant attention from the investor community.

Coupons.com announced the deal Thursday June 9, 2011 but would not disclose the company’s total valuation. A person close to the matter who wasn’t authorized to speak publicly said the investment brings the company’s value to $1 billion.

That valuation implies the new investors will hold about one-fifth of Coupons.com.

The company, based in Mountain View, Calif., said the investment comes primarily from mutual funds and did not include contributions from venture capital investors or private equity firms. Coupons.com did not name the funds involved.

Coupons.com distributes coupons to users through a variety of digital formats, including in-store kiosks, mobile applications and thousands of websites. The company, founded 13 years ago, has grown as consumers, manufacturers and retailers move away from using newspapers for coupons toward digital formats.

Coupon use overall, after years of decline, began to increase when the recession hit in 2008.

“Frugal is the new black,” said Steven Boal, CEO of Coupons.com. “As consumers are looking for savings and deals more than ever before, Coupons.com is expanding the coupons and promotions market, by allowing more brands to connect with more consumers at every touch-point across the digital landscape.”

Digital coupons rose from 1.1 per cent of all coupons redeemed in 2006 to 10 per cent in 2009. Newspaper coupons fell from 63 per cent of all coupons redeemed to 50 per cent during the same period, according to the company.

“As newspaper readership continues to decline and more consumers are looking online for savings, digital coupons are gaining significant momentum,” Boal said.

The company plans to use up to $100 million of the new investment to buy shares back from employees and early investors. It will invest the remainder to build the business, including deploying new tools to reach consumers. It also plans to add 100 people to its 300-person staff during the next six months and open offices in Chicago, Los Angeles and New York.

Coupons.com, which already offers coupons in 12 European countries through its stake in the U.K.’s Couponstar Ltd., said it also plans to expand its international business.

It is one of several Internet companies to win the investor spotlight recently.

LinkedIn Corp., a popular Internet service for professional networking, kicked things off in May with an initial public offering in which shares doubled in the first day of trading. Discount provider Groupon Inc. appears headed for its own IPO after filing regulatory papers earlier this month. And Gilt Groupe Inc., an online retailer of luxury goods, raised $138 million from investors this month, bringing its total value to $1 billion despite not yet having turned a profit

This has stirred some debate as to whether an investment bubble is forming around promising but unproven Internet companies. But Boal said companies that are being funded recently are more financially sound than those that ended up failing after the dot.com boom. And he asserts that Coupons.com’s deal also is different from many others these days.

“We have raised the money to meet the demand, versus raising money to create demand,” Boal said.

Clients are asking them to move ahead faster and this funding will let it do that, Boal said.

Coupons.com has always had the option of an initial public offering and this financing doesn’t change that, he said. While there are no immediate plans for an IPO, he said that remains an option.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Digital coupon provider Coupons.com Inc. has received $200 million from undisclosed institutional investors, making it the latest Internet company to attract significant attention from the investor community.

Coupons.com announced the deal Thursday June 9, 2011 but would not disclose the company’s total valuation. A person close to the matter who wasn’t authorized to speak publicly said the investment brings the company’s value to $1 billion.

That valuation implies the new investors will hold about one-fifth of Coupons.com.

The company, based in Mountain View, Calif., said the investment comes primarily from mutual funds and did not include contributions from venture capital investors or private equity firms. Coupons.com did not name the funds involved.

Coupons.com distributes coupons to users through a variety of digital formats, including in-store kiosks, mobile applications and thousands of websites. The company, founded 13 years ago, has grown as consumers, manufacturers and retailers move away from using newspapers for coupons toward digital formats.

Coupon use overall, after years of decline, began to increase when the recession hit in 2008.

“Frugal is the new black,” said Steven Boal, CEO of Coupons.com. “As consumers are looking for savings and deals more than ever before, Coupons.com is expanding the coupons and promotions market, by allowing more brands to connect with more consumers at every touch-point across the digital landscape.”

Digital coupons rose from 1.1 per cent of all coupons redeemed in 2006 to 10 per cent in 2009. Newspaper coupons fell from 63 per cent of all coupons redeemed to 50 per cent during the same period, according to the company.

“As newspaper readership continues to decline and more consumers are looking online for savings, digital coupons are gaining significant momentum,” Boal said.

The company plans to use up to $100 million of the new investment to buy shares back from employees and early investors. It will invest the remainder to build the business, including deploying new tools to reach consumers. It also plans to add 100 people to its 300-person staff during the next six months and open offices in Chicago, Los Angeles and New York.

Coupons.com, which already offers coupons in 12 European countries through its stake in the U.K.’s Couponstar Ltd., said it also plans to expand its international business.

It is one of several Internet companies to win the investor spotlight recently.

LinkedIn Corp., a popular Internet service for professional networking, kicked things off in May with an initial public offering in which shares doubled in the first day of trading. Discount provider Groupon Inc. appears headed for its own IPO after filing regulatory papers earlier this month. And Gilt Groupe Inc., an online retailer of luxury goods, raised $138 million from investors this month, bringing its total value to $1 billion despite not yet having turned a profit

This has stirred some debate as to whether an investment bubble is forming around promising but unproven Internet companies. But Boal said companies that are being funded recently are more financially sound than those that ended up failing after the dot.com boom. And he asserts that Coupons.com’s deal also is different from many others these days.

“We have raised the money to meet the demand, versus raising money to create demand,” Boal said.

Clients are asking them to move ahead faster and this funding will let it do that, Boal said.

Coupons.com has always had the option of an initial public offering and this financing doesn’t change that, he said. While there are no immediate plans for an IPO, he said that remains an option.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Formula One Legend Stirling Moss Moss announces retirement at age of 81

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Formula One great Stirling Moss announced his retirement from motor racing at the age of 81 on Thursday.

The Briton, widely regarded as the greatest driver never to have won the Formula One championship, made his decision in the Le Mans pitlane where he had been due to race his own restored 1961 Porsche RS61 in a Legends race.

“This afternoon I scared myself and I have always said that if I felt I was not up to it or that I was getting in the way of fellow competitors, then I would retire,” he declared on his website (www.stirlingmoss.com).

“I love racing, but now it is time to stop.”

Four times a Formula One world championship runner-up, Moss ended his professional career after a bad accident at Goodwood in 1962 but had continued racing historic cars for his own pleasure.

The Porsche he would have raced at Le Mans was damaged at Laguna Seca in California last August when he spun off and was hit by a Lotus.

Moss turned professional at the age of 18 in 1948, racing a Cooper 500 two years before the Formula One world championship started, with his 1955 Mille Miglia victory for Mercedes a career highlight.

He survived a three-storey plunge down a lift shaft at home in March 2010, breaking both ankles and four bones in his feet, but recovered to get back behind the wheel again by July.

Moss was a contemporary of the late Argentine world champion Juan Manuel Fangio and won 16 grands prix, one more than McLaren’s Lewis Hamilton and Red Bull’s reigning world champion Sebastian Vettel have to their credit.

The Briton lost the 1958 title by a single point to compatriot Mike Hawthorn, his country’s first champion, despite winning four races to his rival’s sole victory.

A keen follower of social media and the latest technology, Moss had earlier advised more than 13,700 followers on Twitter of his decision.

“It’s official the white Patey helmet has been hung up for good. Stirling Moss has retired from competitive racing,” the message declared.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Formula One great Stirling Moss announced his retirement from motor racing at the age of 81 on Thursday.

The Briton, widely regarded as the greatest driver never to have won the Formula One championship, made his decision in the Le Mans pitlane where he had been due to race his own restored 1961 Porsche RS61 in a Legends race.

“This afternoon I scared myself and I have always said that if I felt I was not up to it or that I was getting in the way of fellow competitors, then I would retire,” he declared on his website (www.stirlingmoss.com).

“I love racing, but now it is time to stop.”

Four times a Formula One world championship runner-up, Moss ended his professional career after a bad accident at Goodwood in 1962 but had continued racing historic cars for his own pleasure.

The Porsche he would have raced at Le Mans was damaged at Laguna Seca in California last August when he spun off and was hit by a Lotus.

Moss turned professional at the age of 18 in 1948, racing a Cooper 500 two years before the Formula One world championship started, with his 1955 Mille Miglia victory for Mercedes a career highlight.

He survived a three-storey plunge down a lift shaft at home in March 2010, breaking both ankles and four bones in his feet, but recovered to get back behind the wheel again by July.

Moss was a contemporary of the late Argentine world champion Juan Manuel Fangio and won 16 grands prix, one more than McLaren’s Lewis Hamilton and Red Bull’s reigning world champion Sebastian Vettel have to their credit.

The Briton lost the 1958 title by a single point to compatriot Mike Hawthorn, his country’s first champion, despite winning four races to his rival’s sole victory.

A keen follower of social media and the latest technology, Moss had earlier advised more than 13,700 followers on Twitter of his decision.

“It’s official the white Patey helmet has been hung up for good. Stirling Moss has retired from competitive racing,” the message declared.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Wall Street bounce fails to impress the skeptics

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Wall Street ended higher for the first time in over a week on Thursday June 9, 2011, with the Dow and the S&P 500 rising 1 percent at one point, but many analysts saw the rebound as short-lived.

A report showing record U.S. exports in April eased some concerns about a stalled economic recovery, which had been weighing on the market.

A spike in oil prices helped lift materials and energy stocks. Investors also snapped up beaten-down stocks in the financial sector.

The S&P materials sector index <.GSPM> rose 1.6 percent and the energy index <.GSPE> gained 1.2 percent. The Morgan Stanley cyclical index <.CYC>, which is down more than 5.2 percent in June, rose 1 percent. The KBW bank index <.BKX> was up 1.2 percent.

Several economists said the spike in U.S. exports in April could prompt revisions higher of gross domestic product growth in the second quarter, interrupting a trend of lowered expectations.

But the mood remained fragile. Many analysts still expected the S&P to retest its March low of 1,250 after a string of data, including the latest payrolls report, provided little room for optimism.

Concerns about the future of equities after the Fed’s $600 billion second round of stimulus expire at the end of this month also weighed on the market.

After falling for six straight days, “the market was looking for an excuse to bounce back and it got it” from the trade data, said Steve Blitz, senior economist at ITG in New York.

“You can’t take just one day and draw a conclusion that the bear market is over.”

Reflecting the bearish sentiment, the daily volume put/call ratio for equity options on the Chicago Board Options Exchange (CBOE) was at an 18-month high as of Wednesday’s close, according to data posted on the exchange website, indicating investors are significantly bearish on the stock market.

The Dow Jones industrial average <.DJI> was up 75.42 points, or 0.63 percent, at 12,124.36. The Standard & Poor’s 500 Index <.SPX> was up 9.44 points, or 0.74 percent, at 1,289.00. The Nasdaq Composite Index <.IXIC> was up 9.49 points, or 0.35 percent, at 2,684.87.

The S&P had lost more than 6 percent in the last six days leading up to Thursday, while the Nasdaq had nearly erased its gains for the year.

BUYING OPPORTUNITY?

CBOE data showed that put/call ratio on equity options rose to 0.99 on Wednesday, which means 99 puts traded for every 100 calls, the highest ratio since January 15, 2009. The average had been between 0.55-0.70 this year.

The high put/call ratio signals investors are actively hedging their bets and setting up for further market declines. But as in other cases, extreme bearishness could also be a contrarian indicator.

“A lot of fear came into the market as investors bought puts,” said Jay Shartsis, director of options trading at R.F. Lafferty & Co in New York.

“(But) the high ratio identifies a good buy level for stocks. When a ratio turns this high, from a contrarian view, the risk-reward factor is now significantly skewed to the buy side,” Shartsis said.

The PHLX semiconductor index <.SOX> bounced off its 200-day moving average and was holding near 410, a key level that offered strong support in March.

Texas Instruments Inc shares rose 0.7 percent to $32.91 even after the company cut its earnings and revenue forecasts late on Wednesday.

Reflecting the appetite for tech stocks, shares of Fusion-io surged 18.4 percent to $22.50 in their first day of trading — up from an initial public offering price of $19. Earlier, the stock was up as much as 34.2 percent at a session high of $25.50.

But shares of China-based Taomee Holdings Ltd fell 8.6 percent to $8.23 in their stock market debut as U.S.-listed Chinese companies come under more scrutiny following a series of accounting scandals.

As U.S. regulators, brokers and investors are sharpening their look at Chinese companies, about half the top percentage losers on the NYSE and the Nasdaq with share prices over $2 were Chinese companies.

Details of Thursday’s economic data showed the U.S. trade deficit narrowed unexpectedly in April as U.S. exports rose to a record and imports from Japan tumbled more than 25 percent.

A separate report showed the number of Americans filing new claims for unemployment benefits rose by 1,000 last week, while continued claims fell more than expected.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Wall Street ended higher for the first time in over a week on Thursday June 9, 2011, with the Dow and the S&P 500 rising 1 percent at one point, but many analysts saw the rebound as short-lived.

A report showing record U.S. exports in April eased some concerns about a stalled economic recovery, which had been weighing on the market.

A spike in oil prices helped lift materials and energy stocks. Investors also snapped up beaten-down stocks in the financial sector.

The S&P materials sector index <.GSPM> rose 1.6 percent and the energy index <.GSPE> gained 1.2 percent. The Morgan Stanley cyclical index <.CYC>, which is down more than 5.2 percent in June, rose 1 percent. The KBW bank index <.BKX> was up 1.2 percent.

Several economists said the spike in U.S. exports in April could prompt revisions higher of gross domestic product growth in the second quarter, interrupting a trend of lowered expectations.

But the mood remained fragile. Many analysts still expected the S&P to retest its March low of 1,250 after a string of data, including the latest payrolls report, provided little room for optimism.

Concerns about the future of equities after the Fed’s $600 billion second round of stimulus expire at the end of this month also weighed on the market.

After falling for six straight days, “the market was looking for an excuse to bounce back and it got it” from the trade data, said Steve Blitz, senior economist at ITG in New York.

“You can’t take just one day and draw a conclusion that the bear market is over.”

Reflecting the bearish sentiment, the daily volume put/call ratio for equity options on the Chicago Board Options Exchange (CBOE) was at an 18-month high as of Wednesday’s close, according to data posted on the exchange website, indicating investors are significantly bearish on the stock market.

The Dow Jones industrial average <.DJI> was up 75.42 points, or 0.63 percent, at 12,124.36. The Standard & Poor’s 500 Index <.SPX> was up 9.44 points, or 0.74 percent, at 1,289.00. The Nasdaq Composite Index <.IXIC> was up 9.49 points, or 0.35 percent, at 2,684.87.

The S&P had lost more than 6 percent in the last six days leading up to Thursday, while the Nasdaq had nearly erased its gains for the year.

BUYING OPPORTUNITY?

CBOE data showed that put/call ratio on equity options rose to 0.99 on Wednesday, which means 99 puts traded for every 100 calls, the highest ratio since January 15, 2009. The average had been between 0.55-0.70 this year.

The high put/call ratio signals investors are actively hedging their bets and setting up for further market declines. But as in other cases, extreme bearishness could also be a contrarian indicator.

“A lot of fear came into the market as investors bought puts,” said Jay Shartsis, director of options trading at R.F. Lafferty & Co in New York.

“(But) the high ratio identifies a good buy level for stocks. When a ratio turns this high, from a contrarian view, the risk-reward factor is now significantly skewed to the buy side,” Shartsis said.

The PHLX semiconductor index <.SOX> bounced off its 200-day moving average and was holding near 410, a key level that offered strong support in March.

Texas Instruments Inc shares rose 0.7 percent to $32.91 even after the company cut its earnings and revenue forecasts late on Wednesday.

Reflecting the appetite for tech stocks, shares of Fusion-io surged 18.4 percent to $22.50 in their first day of trading — up from an initial public offering price of $19. Earlier, the stock was up as much as 34.2 percent at a session high of $25.50.

But shares of China-based Taomee Holdings Ltd fell 8.6 percent to $8.23 in their stock market debut as U.S.-listed Chinese companies come under more scrutiny following a series of accounting scandals.

As U.S. regulators, brokers and investors are sharpening their look at Chinese companies, about half the top percentage losers on the NYSE and the Nasdaq with share prices over $2 were Chinese companies.

Details of Thursday’s economic data showed the U.S. trade deficit narrowed unexpectedly in April as U.S. exports rose to a record and imports from Japan tumbled more than 25 percent.

A separate report showed the number of Americans filing new claims for unemployment benefits rose by 1,000 last week, while continued claims fell more than expected.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Toronto Stock Exchange (TSX) relief rally snaps 7-day decline

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Toronto’s main stock index bounced back on Thursday June 9, 2011 from a seven-day fall as some positive U.S. economic data and higher commodity prices prompted investors to pick up worn-down shares.

Data that showed record-high U.S. exports and a smaller trade deficit in April eased fears about a stalled U.S. economic recovery that had weighed on the market for days.

The data helped economically sensitive financial stocks rise 0.4 percent. Among them, Royal Bank of Canada was the index’s second most heavily weighted gainer, rising 0.9 percent to C$54.86.

Resource shares led the advance, with the index’s materials group up 1.5 percent and the energy group up 0.3 percent as U.S. crude futures and gold prices marched higher.

Corn futures also hit a record high, spurring a rally in fertilizer shares. Potash Corp was the most influential climber on the index, jumping 3.4 percent to C$53.98, while Agrium Inc rose 2.6 percent to C$82.49.

“We’re seeing some buyers coming back into the market and nibbling a little bit,” said David Cockfield, senior vice president and portfolio manager at MacNicol and Associates Asset Management.

“Let’s face it, these stocks got fairly significantly beaten up over the last little while.”

The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> ended up 71.95 points, or 0.55 percent, at 13,255.74. Eight of the 10 main sectors were higher.

It lost about 5 percent of its value in the seven sessions leading into Thursday.

Cockfield noted the index is currently holding with significant support above the 40-week and 50-week moving averages.

Sino-Forest rose for a second day, gaining 4.7 percent to C$5.15 and lifted by speculative buying and short-covering following a short-seller’s damning report last week that crushed the Chinese forest plantation company’s stock.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Toronto’s main stock index bounced back on Thursday June 9, 2011 from a seven-day fall as some positive U.S. economic data and higher commodity prices prompted investors to pick up worn-down shares.

Data that showed record-high U.S. exports and a smaller trade deficit in April eased fears about a stalled U.S. economic recovery that had weighed on the market for days.

The data helped economically sensitive financial stocks rise 0.4 percent. Among them, Royal Bank of Canada was the index’s second most heavily weighted gainer, rising 0.9 percent to C$54.86.

Resource shares led the advance, with the index’s materials group up 1.5 percent and the energy group up 0.3 percent as U.S. crude futures and gold prices marched higher.

Corn futures also hit a record high, spurring a rally in fertilizer shares. Potash Corp was the most influential climber on the index, jumping 3.4 percent to C$53.98, while Agrium Inc rose 2.6 percent to C$82.49.

“We’re seeing some buyers coming back into the market and nibbling a little bit,” said David Cockfield, senior vice president and portfolio manager at MacNicol and Associates Asset Management.

“Let’s face it, these stocks got fairly significantly beaten up over the last little while.”

The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> ended up 71.95 points, or 0.55 percent, at 13,255.74. Eight of the 10 main sectors were higher.

It lost about 5 percent of its value in the seven sessions leading into Thursday.

Cockfield noted the index is currently holding with significant support above the 40-week and 50-week moving averages.

Sino-Forest rose for a second day, gaining 4.7 percent to C$5.15 and lifted by speculative buying and short-covering following a short-seller’s damning report last week that crushed the Chinese forest plantation company’s stock.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Federal Appeal Court backs cabinet decision to allow Wind Mobile to operate in Canada as an Alternate Wireless Carrier

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports The Federal Court of Appeal wiped away a cloud over Wind Mobile on Wednesday June 8, 2011 and backed a cabinet decision to allow the mobile phone company to launch its service over the objections of a federal regulator.

The ruling means it will be business as usual for Wind Mobile and its roughly 300,000 customers.

Globalive Communications Corp., Wind Mobile’s parent company, said the decision is vindication.

“Wind is here to stay and we will continue to bring Canadians the first real choice in wireless in over a decade,” chairman Anthony Lacavera wrote in an email.

The appeal court overturned a lower court decision that ruled the government overstepped its authority when it allowed the company to go ahead over the objections of the Canadian Radio-television and Telecommunications Commission.

“The divergence between the CRTC and Governor in Council (cabinet) comes in the factual inferences, or conclusions, the Governor in Council drew from the evidence,” Justice Edgar Sexton wrote in the unanimous decision.

“The Governor in Council simply had a different appreciation of things and that appreciation was rational and defensible.”

Globalive was one of several new entrants into the mobile phone market in Canada following a wireless spectrum auction in 2008. The federal court challenge had been brought by rival Public Mobile, also a recent entrant.

Public Mobile said Wednesday it would now seek to have the case heard by the Supreme Court of Canada.

“There have been five different decision makers in this process with a flip-flopping of the decision each time,” Public Mobile CEO Alek Krstajic said in a statement.

“Today’s decision shows us just how clouded this issue has become and demonstrates more than ever the national importance for consistent rules that should be applied equally to all Canadian wireless carriers.”

Canadian federal law requires telecommunications companies to be majority owned and controlled by Canadians.

The CRTC had raised concerns that the vast majority of the debt owed by Wind Mobile’s corporate parent, Globalive, was held by an Egyptian company, but its rejection was overruled by the government in December 2009.

In addition to the debt, Egyptian company Orascom holds a 65 per cent equity stake in Globalive, but it does not hold voting control and holds only a minority of the seats on the company’s board.

Telus (TSX:T), which had supported Public Mobile in its challenge at the Federal Court of Appeal, also declined to comment Wednesday.

Ottawa has indicated that it plans to allow greater foreign ownership in the telecom sector, but so far has not made changes.

On Wednesday, the government, which had supported Wind Mobile in its bid to overturn the lower court decision, said it was committed to encouraging choice and competition in the wireless and Internet business.

“We have always believed that Globalive is a Canadian company which meets the Canadian ownership and control requirements under the Telecommunications Act,” Industry Minister Christian Paradis said in a statement.

Last May, the government outlined three possible options to loosen the requirements — removing all restrictions, increasing the limit of foreign investment from the current 20 to 49 per cent or lifting restrictions for carriers with less than 10 per cent market share.

But it has yet to take action on any of those proposals.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports The Federal Court of Appeal wiped away a cloud over Wind Mobile on Wednesday June 8, 2011 and backed a cabinet decision to allow the mobile phone company to launch its service over the objections of a federal regulator.

The ruling means it will be business as usual for Wind Mobile and its roughly 300,000 customers.

Globalive Communications Corp., Wind Mobile’s parent company, said the decision is vindication.

“Wind is here to stay and we will continue to bring Canadians the first real choice in wireless in over a decade,” chairman Anthony Lacavera wrote in an email.

The appeal court overturned a lower court decision that ruled the government overstepped its authority when it allowed the company to go ahead over the objections of the Canadian Radio-television and Telecommunications Commission.

“The divergence between the CRTC and Governor in Council (cabinet) comes in the factual inferences, or conclusions, the Governor in Council drew from the evidence,” Justice Edgar Sexton wrote in the unanimous decision.

“The Governor in Council simply had a different appreciation of things and that appreciation was rational and defensible.”

Globalive was one of several new entrants into the mobile phone market in Canada following a wireless spectrum auction in 2008. The federal court challenge had been brought by rival Public Mobile, also a recent entrant.

Public Mobile said Wednesday it would now seek to have the case heard by the Supreme Court of Canada.

“There have been five different decision makers in this process with a flip-flopping of the decision each time,” Public Mobile CEO Alek Krstajic said in a statement.

“Today’s decision shows us just how clouded this issue has become and demonstrates more than ever the national importance for consistent rules that should be applied equally to all Canadian wireless carriers.”

Canadian federal law requires telecommunications companies to be majority owned and controlled by Canadians.

The CRTC had raised concerns that the vast majority of the debt owed by Wind Mobile’s corporate parent, Globalive, was held by an Egyptian company, but its rejection was overruled by the government in December 2009.

In addition to the debt, Egyptian company Orascom holds a 65 per cent equity stake in Globalive, but it does not hold voting control and holds only a minority of the seats on the company’s board.

Telus (TSX:T), which had supported Public Mobile in its challenge at the Federal Court of Appeal, also declined to comment Wednesday.

Ottawa has indicated that it plans to allow greater foreign ownership in the telecom sector, but so far has not made changes.

On Wednesday, the government, which had supported Wind Mobile in its bid to overturn the lower court decision, said it was committed to encouraging choice and competition in the wireless and Internet business.

“We have always believed that Globalive is a Canadian company which meets the Canadian ownership and control requirements under the Telecommunications Act,” Industry Minister Christian Paradis said in a statement.

Last May, the government outlined three possible options to loosen the requirements — removing all restrictions, increasing the limit of foreign investment from the current 20 to 49 per cent or lifting restrictions for carriers with less than 10 per cent market share.

But it has yet to take action on any of those proposals.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease Reports Hong Kong land auction misses record estimates

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports A Hong Kong land auction Thursday June 9, 2011 fell below record price estimates for the sprawling residential site, with analysts saying government measures to cool the sizzling real estate market may be taking hold.

The property in Hong Kong’s central Mid-Levels district sold for HK$11.65 billion ($1.5 billion), below earlier estimates that it could fetch between HK$12 billion and HK$15.2 billion — and set a new city land auction record.

The southern Chinese city of seven million people, famous for its sky-high residential rents and super-rich tycoons, has imposed new taxes and staged a series of land auctions in the past year-and-a-half to boost land supply and bring down property prices.

On Thursday, Victor Li, deputy chairman of Cheung Kong Holdings, the ports to property conglomerate controlled by his father Li Ka-shing, said the final sale price was a bargain.

“We’re quite happy,” he told reporters after the sale, adding that “we’re doing it on a budget, let’s put it that way.”

The government’s cooling measures combined with uncertainty about the economy over the next few years could explain the site’s lower-than-expected sale price, said Yu Kam-hung, a senior managing director of valuation and advisory services at property consultancy CB Richard Ellis.

“It was a good price for the developer,” he told AFP.

“This (property) is also quite large so the development period would be three to four years and I think the (buyers) are being a bit conservative.”

“The government continues to put land on the market so at some critical point the developers are going to be more conservative,” he added.

However, Cheung Kong also bought a smaller residential site in the city’s New Territories for HK$300 million on Thursday. That was at the higher end of analysts’ HK$200-HK$330 million pre-sale estimates, suggesting officials still have work to do to bring down Hong Kong’s prices.

Average home prices in the teeming city rose about 24 percent last year, stoking public anger over increasingly unaffordable housing and a warning from the International Monetary Fund of a potential asset bubble.

Some lawmakers have called for the resumption of a subsidised housing scheme because of concerns about the city’s growing income gap.

The government has held two land auctions so far this year, where the sites were either sold at the top end of market expectations or beat their pre-sales estimates.

Some existing properties are still fetching top-end prices with the home of France’s top diplomat selling last month for a whopping HK$580 million ($74.5 million).

A study by US consultancy Demographia in January found Hong Kong’s home prices were the least affordable in the world.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports A Hong Kong land auction Thursday June 9, 2011 fell below record price estimates for the sprawling residential site, with analysts saying government measures to cool the sizzling real estate market may be taking hold.

The property in Hong Kong’s central Mid-Levels district sold for HK$11.65 billion ($1.5 billion), below earlier estimates that it could fetch between HK$12 billion and HK$15.2 billion — and set a new city land auction record.

The southern Chinese city of seven million people, famous for its sky-high residential rents and super-rich tycoons, has imposed new taxes and staged a series of land auctions in the past year-and-a-half to boost land supply and bring down property prices.

On Thursday, Victor Li, deputy chairman of Cheung Kong Holdings, the ports to property conglomerate controlled by his father Li Ka-shing, said the final sale price was a bargain.

“We’re quite happy,” he told reporters after the sale, adding that “we’re doing it on a budget, let’s put it that way.”

The government’s cooling measures combined with uncertainty about the economy over the next few years could explain the site’s lower-than-expected sale price, said Yu Kam-hung, a senior managing director of valuation and advisory services at property consultancy CB Richard Ellis.

“It was a good price for the developer,” he told AFP.

“This (property) is also quite large so the development period would be three to four years and I think the (buyers) are being a bit conservative.”

“The government continues to put land on the market so at some critical point the developers are going to be more conservative,” he added.

However, Cheung Kong also bought a smaller residential site in the city’s New Territories for HK$300 million on Thursday. That was at the higher end of analysts’ HK$200-HK$330 million pre-sale estimates, suggesting officials still have work to do to bring down Hong Kong’s prices.

Average home prices in the teeming city rose about 24 percent last year, stoking public anger over increasingly unaffordable housing and a warning from the International Monetary Fund of a potential asset bubble.

Some lawmakers have called for the resumption of a subsidised housing scheme because of concerns about the city’s growing income gap.

The government has held two land auctions so far this year, where the sites were either sold at the top end of market expectations or beat their pre-sales estimates.

Some existing properties are still fetching top-end prices with the home of France’s top diplomat selling last month for a whopping HK$580 million ($74.5 million).

A study by US consultancy Demographia in January found Hong Kong’s home prices were the least affordable in the world.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###