Dominion Lending Centres Clearlease Reports London Stock Exchange faced an increasingly bitter battle for control of TMX

Dominion Lending Centres Clearlease Reports London Stock Exchange faced an increasingly bitter battle for control of TMX

Dominion Lending Centres Clearlease Reports London Stock Exchange faced an increasingly bitter battle for control of TMX

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports The London Stock Exchange faced an increasingly bitter battle for control of Canadian peer TMX Group — and its own destiny — after rival bidder Maple Group took its higher offer directly to shareholders.

The Maple Group of Canadian banks and pension funds turned hostile on Wednesday with its C$3.6 billion ($3.7 billion) bid after TMX’s board rejected the offer although it trumps the LSE’s $3 billion agreed all-paper bid.

Maple, whose group includes some of TMX’s top customers, said it was forced to circumvent the board after TMX and the LSE said shareholders would vote on the deal on June 30.

“By accelerating the timing of their meeting to consider the LSE takeover, they have given us no choice but to make our offer available directly to TMX Group shareholders,” said Luc Bertrand, lead spokesman for the Maple Group and vice chairman of National Bank of Canada, one of the Maple banks.

The hostile approach by Maple, which hopes to galvanize simmering nationalistic opposition to a foreign takeover of Canada’s main exchange, leaves TMX shareholders facing a decision that could determine not only the fate of TMX but also that of the LSE.

Scooping up TMX is likely to make the LSE too large to be a realistic takeover target for rivals such as U.S. exchange Nasdaq OMX and the Singapore Exchange , both of which have seen their merger plans dashed in recent weeks.

If it fails, it risks being left a sitting duck as predators circle. But Maple still faces an uphill struggle.

TANGLED WEB

The decision by Nasdaq to walk away from its hostile $11.2 billion bid for transatlantic peer NYSE Euronext amid regulatory opposition last week prompted some industry experts to warn that unsolicited exchange bids faced a bumpy road.

Maple can certainly bank on its Canadian credentials helping soothe political worries about foreign takeovers.

But some experts say watchdogs may baulk at allowing four of the largest Canadian trading firms to take control of the flagship bourse because of vested interests.

The takeover battle also throws a spotlight on the commercial tensions that underpin the exchange operator market.

Some of TMX’s largest customers, such as RBC Capital Markets

and BMO Capital Markets, are advising on the agreed LSE-TMX deal or backing the rival Maple plan.

With banks and pension funds stepping into uncharted territory with their bid for an exchange, all eyes are on shareholders — and regulators.

In the meantime, unsurprisingly, the LSE and the Maple Group have clashed over their respective TMX proposals since the consortium laid bare its plan on May 14.

LSE and TMX claim their plan offers longer term value, citing hefty revenue gains and the potential cost-cutting in the years immediately after the merger.

The LSE has also talked up the deal for Canada — a crucial test if the merger is to sway local politicians — with LSE Chief Executive Xavier Rolet saying it would allow Canada to expand internationally and move onto the global stage.

Maple countered on Wednesday that TMX senior management and staff would become part of a better-positioned company with “its center of decision-making and headquarters in Canada.”

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Reports London Stock Exchange faced an increasingly bitter battle for control of TMX

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports The London Stock Exchange faced an increasingly bitter battle for control of Canadian peer TMX Group — and its own destiny — after rival bidder Maple Group took its higher offer directly to shareholders.

The Maple Group of Canadian banks and pension funds turned hostile on Wednesday with its C$3.6 billion ($3.7 billion) bid after TMX’s board rejected the offer although it trumps the LSE’s $3 billion agreed all-paper bid.

Maple, whose group includes some of TMX’s top customers, said it was forced to circumvent the board after TMX and the LSE said shareholders would vote on the deal on June 30.

“By accelerating the timing of their meeting to consider the LSE takeover, they have given us no choice but to make our offer available directly to TMX Group shareholders,” said Luc Bertrand, lead spokesman for the Maple Group and vice chairman of National Bank of Canada, one of the Maple banks.

The hostile approach by Maple, which hopes to galvanize simmering nationalistic opposition to a foreign takeover of Canada’s main exchange, leaves TMX shareholders facing a decision that could determine not only the fate of TMX but also that of the LSE.

Scooping up TMX is likely to make the LSE too large to be a realistic takeover target for rivals such as U.S. exchange Nasdaq OMX and the Singapore Exchange , both of which have seen their merger plans dashed in recent weeks.

If it fails, it risks being left a sitting duck as predators circle. But Maple still faces an uphill struggle.

TANGLED WEB

The decision by Nasdaq to walk away from its hostile $11.2 billion bid for transatlantic peer NYSE Euronext amid regulatory opposition last week prompted some industry experts to warn that unsolicited exchange bids faced a bumpy road.

Maple can certainly bank on its Canadian credentials helping soothe political worries about foreign takeovers.

But some experts say watchdogs may baulk at allowing four of the largest Canadian trading firms to take control of the flagship bourse because of vested interests.

The takeover battle also throws a spotlight on the commercial tensions that underpin the exchange operator market.

Some of TMX’s largest customers, such as RBC Capital Markets

and BMO Capital Markets, are advising on the agreed LSE-TMX deal or backing the rival Maple plan.

With banks and pension funds stepping into uncharted territory with their bid for an exchange, all eyes are on shareholders — and regulators.

In the meantime, unsurprisingly, the LSE and the Maple Group have clashed over their respective TMX proposals since the consortium laid bare its plan on May 14.

LSE and TMX claim their plan offers longer term value, citing hefty revenue gains and the potential cost-cutting in the years immediately after the merger.

The LSE has also talked up the deal for Canada — a crucial test if the merger is to sway local politicians — with LSE Chief Executive Xavier Rolet saying it would allow Canada to expand internationally and move onto the global stage.

Maple countered on Wednesday that TMX senior management and staff would become part of a better-positioned company with “its center of decision-making and headquarters in Canada.”

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Reports London Stock Exchange faced an increasingly bitter battle for control of TMX

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports The London Stock Exchange faced an increasingly bitter battle for control of Canadian peer TMX Group — and its own destiny — after rival bidder Maple Group took its higher offer directly to shareholders.

The Maple Group of Canadian banks and pension funds turned hostile on Wednesday with its C$3.6 billion ($3.7 billion) bid after TMX’s board rejected the offer although it trumps the LSE’s $3 billion agreed all-paper bid.

Maple, whose group includes some of TMX’s top customers, said it was forced to circumvent the board after TMX and the LSE said shareholders would vote on the deal on June 30.

“By accelerating the timing of their meeting to consider the LSE takeover, they have given us no choice but to make our offer available directly to TMX Group shareholders,” said Luc Bertrand, lead spokesman for the Maple Group and vice chairman of National Bank of Canada, one of the Maple banks.

The hostile approach by Maple, which hopes to galvanize simmering nationalistic opposition to a foreign takeover of Canada’s main exchange, leaves TMX shareholders facing a decision that could determine not only the fate of TMX but also that of the LSE.

Scooping up TMX is likely to make the LSE too large to be a realistic takeover target for rivals such as U.S. exchange Nasdaq OMX and the Singapore Exchange , both of which have seen their merger plans dashed in recent weeks.

If it fails, it risks being left a sitting duck as predators circle. But Maple still faces an uphill struggle.

TANGLED WEB

The decision by Nasdaq to walk away from its hostile $11.2 billion bid for transatlantic peer NYSE Euronext amid regulatory opposition last week prompted some industry experts to warn that unsolicited exchange bids faced a bumpy road.

Maple can certainly bank on its Canadian credentials helping soothe political worries about foreign takeovers.

But some experts say watchdogs may baulk at allowing four of the largest Canadian trading firms to take control of the flagship bourse because of vested interests.

The takeover battle also throws a spotlight on the commercial tensions that underpin the exchange operator market.

Some of TMX’s largest customers, such as RBC Capital Markets

and BMO Capital Markets, are advising on the agreed LSE-TMX deal or backing the rival Maple plan.

With banks and pension funds stepping into uncharted territory with their bid for an exchange, all eyes are on shareholders — and regulators.

In the meantime, unsurprisingly, the LSE and the Maple Group have clashed over their respective TMX proposals since the consortium laid bare its plan on May 14.

LSE and TMX claim their plan offers longer term value, citing hefty revenue gains and the potential cost-cutting in the years immediately after the merger.

The LSE has also talked up the deal for Canada — a crucial test if the merger is to sway local politicians — with LSE Chief Executive Xavier Rolet saying it would allow Canada to expand internationally and move onto the global stage.

Maple countered on Wednesday that TMX senior management and staff would become part of a better-positioned company with “its center of decision-making and headquarters in Canada.”

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) grees to $3.8-million settlement in U.S. class action suit

Dominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) agrees to $3.8-million settlement in U.S. class action suitDominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) agrees to $3.8-million settlement in U.S. class action suitDominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) agrees to $3.8-million settlement in U.S. class action suit

Dominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) grees to $3.8-million settlement in U.S. class action suit

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports Yukon-Nevada Gold Corp. (TSX:YNG) said Thursday that it has reached a $3.6-million settlement in a class action suit brought by former employees against the company and its wholly-owned subsidiary, Queenstake Resources USA.

The settlement was reached with more than 390 employees laid off from its Jerritt Canyon mining facility in Nevada in 2008, but is still subject to court approval.

Employees accused the company of violating the federal Worker Adjustment and Retraining Notification Act, which requires employers to give 60 days notice of mass layoffs.

The workers also said the company had violated the Employment Retirement Income Security Act and state labour laws.

When the mine closed, Yukon-Nevada said it paid as much as it could from available cash at the time.

Among other things, the settlement sets aside funds for the remaining 50 per cent of the severance payments under the WARN Act — regular wages were paid at the time of severance — as well as medical costs and certain 401-K pension contributions.

The funds, previously placed on deposit by the company, are to be distributed by a third party claims administrator pursuant to the settlement procedures and the court processes.

Vancouver-based Yukon-Nevada is a North American miner which holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia and in Nevada.

Stock in the company was down a penny at 55 cents Thursday morning on the Toronto Stock Exchange. The company’s share soared 13.5 cents or almost 32 per cent Wednesday after reporting a turnaround in its first-quarter results and posting a $28.9-million profit.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) grees to $3.8-million settlement in U.S. class action suit

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports Yukon-Nevada Gold Corp. (TSX:YNG) said Thursday that it has reached a $3.6-million settlement in a class action suit brought by former employees against the company and its wholly-owned subsidiary, Queenstake Resources USA.

The settlement was reached with more than 390 employees laid off from its Jerritt Canyon mining facility in Nevada in 2008, but is still subject to court approval.

Employees accused the company of violating the federal Worker Adjustment and Retraining Notification Act, which requires employers to give 60 days notice of mass layoffs.

The workers also said the company had violated the Employment Retirement Income Security Act and state labour laws.

When the mine closed, Yukon-Nevada said it paid as much as it could from available cash at the time.

Among other things, the settlement sets aside funds for the remaining 50 per cent of the severance payments under the WARN Act — regular wages were paid at the time of severance — as well as medical costs and certain 401-K pension contributions.

The funds, previously placed on deposit by the company, are to be distributed by a third party claims administrator pursuant to the settlement procedures and the court processes.

Vancouver-based Yukon-Nevada is a North American miner which holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia and in Nevada.

Stock in the company was down a penny at 55 cents Thursday morning on the Toronto Stock Exchange. The company’s share soared 13.5 cents or almost 32 per cent Wednesday after reporting a turnaround in its first-quarter results and posting a $28.9-million profit.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Yukon-Nevada (TSX:YNG) grees to $3.8-million settlement in U.S. class action suit

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports Yukon-Nevada Gold Corp. (TSX:YNG) said Thursday that it has reached a $3.6-million settlement in a class action suit brought by former employees against the company and its wholly-owned subsidiary, Queenstake Resources USA.

The settlement was reached with more than 390 employees laid off from its Jerritt Canyon mining facility in Nevada in 2008, but is still subject to court approval.

Employees accused the company of violating the federal Worker Adjustment and Retraining Notification Act, which requires employers to give 60 days notice of mass layoffs.

The workers also said the company had violated the Employment Retirement Income Security Act and state labour laws.

When the mine closed, Yukon-Nevada said it paid as much as it could from available cash at the time.

Among other things, the settlement sets aside funds for the remaining 50 per cent of the severance payments under the WARN Act — regular wages were paid at the time of severance — as well as medical costs and certain 401-K pension contributions.

The funds, previously placed on deposit by the company, are to be distributed by a third party claims administrator pursuant to the settlement procedures and the court processes.

Vancouver-based Yukon-Nevada is a North American miner which holds a diverse portfolio of gold, silver, zinc and copper properties in the Yukon Territory and British Columbia and in Nevada.

Stock in the company was down a penny at 55 cents Thursday morning on the Toronto Stock Exchange. The company’s share soared 13.5 cents or almost 32 per cent Wednesday after reporting a turnaround in its first-quarter results and posting a $28.9-million profit.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Exxon (NASDAQ:XOM) holds annual meeting as questions intensify about big push into natural gas

Dominion Lending Centres Clearlease Reports Exxon (NASDAQ:XOM) holds annual meeting as questions intensify about big push into natural gas

Dominion Lending Centres Clearlease Reports Exxon (NASDAQ:XOM) holds annual meeting as questions intensify about big push into natural gas

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp.’s (NASDAQ:XOM) big push into natural gas is threatened by opposition to drilling techniques that have unlocked buried reserves. Now the oil giant is trying to change public opinion about how it gets the gas.

CEO Rex Tillerson said Wednesday that the company is running advertisements, conducting town hall meetings and talking to regulators to convince Americans that drilling using a method known as “fracking” is safe. Exxon is also paying for polling, but Tillerson said it’s too soon to know whether its campaign is working.

Exxon Mobil placed a bet on gas by paying $29 billion for XTO Energy last year. That made Exxon the largest natural gas company in the U.S. It now owns more gas than crude oil.

So far, however, the deal hasn’t paid off. Natural gas prices are around $4.42 per 1,000 cubic feet. That’s slightly below the price when the XTO purchase closed and well below levels seen three years ago. That’s one reason, analysts say, Exxon’s stock has lagged behind those of rivals Chevron and ConocoPhillips.

At Exxon Mobil’s annual shareholder meeting Wednesday in Dallas’ ornate symphony hall, Tillerson boasted about the company’s success — it rode higher oil prices to a $30.5 billion profit last year — and defended the new emphasis on natural gas.

Exxon predicts that natural gas will be the fastest-growing energy source, overtaking coal and ranking second only to oil in total use by 2020.

Much of that gas will be produced through “unconventional” methods, including hydraulic fracturing or fracking — the pumping of tons of water and chemicals into the ground to break open rock formations and extract the gas. The practice has attracted fierce opposition from landowners, environmentalists and government officials who say it poses the threat of contaminating underground water supplies.

About 28 per cent of Exxon shares were voted for a resolution that called for the company to disclose more information about fracking. At Chevron Corp., which has boosted its own natural gas business in the past year, 41 per cent of shares were cast for a similar resolution at its annual meeting Wednesday.

Michael Passoff of As You Sow, a San Francisco group that lobbies companies to adopt environmental policies, said the votes showed that mainstream investors are concerned about fracking and its financial risks for companies.

Tillerson said drilling for gas in shale deposits does carry risks. But, he said, fracking technology has been around for decades — it’s just being used more widely today — and can be done safely.

“The early detractors slap a label on something and then it takes us a long time to get that label peeled off,” he said. “And you guys” — referring to the media — “help them slap it on.”

Some recent polls have shown significant public concern about fracking in states where it’s being done, including New York and Pennsylvania. A Marist College poll showed New Yorkers evenly split between support and opposition for fracking. Regulators have stepped up monitoring of the drilling. Penalties have included a record fine recently against another energy company in Pennsylvania.

Tillerson said if the oil and gas industry can’t allay fears about fracking, more places will be off-limits to drilling.

A few shareholders said Exxon should do more to disclose known and potential environmental risks from fracking. Tracey Rembert of Ceres, a group of investors and environmentalists, called on the company to fully disclose the chemicals used in the process. Exxon Mobil and other energy companies post information on an industry website but decline to identify some of the compounds, calling them proprietary.

On pocketbook issues, two shareholders pressed Tillerson to raise the company’s dividend. Exxon’s quarterly dividend is 47 cents per share, yielding 2.3 per cent, compared with 78 cents per share and a yield of 3 per cent at Chevron. Tillerson said the company has raised the dividend 53 per cent since 2006 but doesn’t want to go faster, needing to balance bigger dividends against capital-spending needs.

Exxon shares rose just 7 per cent last year compared with a 19 per cent gain at Chevron and 33 per cent at ConocoPhillips. They’ve been more competitive so far this year. Still, only four of 17 analysts surveyed by FactSet have a “Buy” rating for Exxon.

Benchmark Co. analyst Mark Gilman said Exxon’s share price — it closed Wednesday at $81.96 — isn’t justified by future growth potential.

Argus Research analyst Phil Weiss said Exxon has lots of cash, little debt and a tradition of efficient operations. He has a “Buy” rating on the stock, but he’s concerned about the short-term effects of the XTO deal, which could be an even bigger handicap if natural gas prices remain low.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Exxon (NASDAQ:XOM) holds annual meeting as questions intensify about big push into natural gas

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp.’s (NASDAQ:XOM) big push into natural gas is threatened by opposition to drilling techniques that have unlocked buried reserves. Now the oil giant is trying to change public opinion about how it gets the gas.

CEO Rex Tillerson said Wednesday that the company is running advertisements, conducting town hall meetings and talking to regulators to convince Americans that drilling using a method known as “fracking” is safe. Exxon is also paying for polling, but Tillerson said it’s too soon to know whether its campaign is working.

Exxon Mobil placed a bet on gas by paying $29 billion for XTO Energy last year. That made Exxon the largest natural gas company in the U.S. It now owns more gas than crude oil.

So far, however, the deal hasn’t paid off. Natural gas prices are around $4.42 per 1,000 cubic feet. That’s slightly below the price when the XTO purchase closed and well below levels seen three years ago. That’s one reason, analysts say, Exxon’s stock has lagged behind those of rivals Chevron and ConocoPhillips.

At Exxon Mobil’s annual shareholder meeting Wednesday in Dallas’ ornate symphony hall, Tillerson boasted about the company’s success — it rode higher oil prices to a $30.5 billion profit last year — and defended the new emphasis on natural gas.

Exxon predicts that natural gas will be the fastest-growing energy source, overtaking coal and ranking second only to oil in total use by 2020.

Much of that gas will be produced through “unconventional” methods, including hydraulic fracturing or fracking — the pumping of tons of water and chemicals into the ground to break open rock formations and extract the gas. The practice has attracted fierce opposition from landowners, environmentalists and government officials who say it poses the threat of contaminating underground water supplies.

About 28 per cent of Exxon shares were voted for a resolution that called for the company to disclose more information about fracking. At Chevron Corp., which has boosted its own natural gas business in the past year, 41 per cent of shares were cast for a similar resolution at its annual meeting Wednesday.

Michael Passoff of As You Sow, a San Francisco group that lobbies companies to adopt environmental policies, said the votes showed that mainstream investors are concerned about fracking and its financial risks for companies.

Tillerson said drilling for gas in shale deposits does carry risks. But, he said, fracking technology has been around for decades — it’s just being used more widely today — and can be done safely.

“The early detractors slap a label on something and then it takes us a long time to get that label peeled off,” he said. “And you guys” — referring to the media — “help them slap it on.”

Some recent polls have shown significant public concern about fracking in states where it’s being done, including New York and Pennsylvania. A Marist College poll showed New Yorkers evenly split between support and opposition for fracking. Regulators have stepped up monitoring of the drilling. Penalties have included a record fine recently against another energy company in Pennsylvania.

Tillerson said if the oil and gas industry can’t allay fears about fracking, more places will be off-limits to drilling.

A few shareholders said Exxon should do more to disclose known and potential environmental risks from fracking. Tracey Rembert of Ceres, a group of investors and environmentalists, called on the company to fully disclose the chemicals used in the process. Exxon Mobil and other energy companies post information on an industry website but decline to identify some of the compounds, calling them proprietary.

On pocketbook issues, two shareholders pressed Tillerson to raise the company’s dividend. Exxon’s quarterly dividend is 47 cents per share, yielding 2.3 per cent, compared with 78 cents per share and a yield of 3 per cent at Chevron. Tillerson said the company has raised the dividend 53 per cent since 2006 but doesn’t want to go faster, needing to balance bigger dividends against capital-spending needs.

Exxon shares rose just 7 per cent last year compared with a 19 per cent gain at Chevron and 33 per cent at ConocoPhillips. They’ve been more competitive so far this year. Still, only four of 17 analysts surveyed by FactSet have a “Buy” rating for Exxon.

Benchmark Co. analyst Mark Gilman said Exxon’s share price — it closed Wednesday at $81.96 — isn’t justified by future growth potential.

Argus Research analyst Phil Weiss said Exxon has lots of cash, little debt and a tradition of efficient operations. He has a “Buy” rating on the stock, but he’s concerned about the short-term effects of the XTO deal, which could be an even bigger handicap if natural gas prices remain low.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Exxon (NASDAQ:XOM) holds annual meeting as questions intensify about big push into natural gas

VANCOUVER, BC (May 26, 2011) Dominion Lending Centres Clearlease Reports Exxon Mobil Corp.’s (NASDAQ:XOM) big push into natural gas is threatened by opposition to drilling techniques that have unlocked buried reserves. Now the oil giant is trying to change public opinion about how it gets the gas.

CEO Rex Tillerson said Wednesday that the company is running advertisements, conducting town hall meetings and talking to regulators to convince Americans that drilling using a method known as “fracking” is safe. Exxon is also paying for polling, but Tillerson said it’s too soon to know whether its campaign is working.

Exxon Mobil placed a bet on gas by paying $29 billion for XTO Energy last year. That made Exxon the largest natural gas company in the U.S. It now owns more gas than crude oil.

So far, however, the deal hasn’t paid off. Natural gas prices are around $4.42 per 1,000 cubic feet. That’s slightly below the price when the XTO purchase closed and well below levels seen three years ago. That’s one reason, analysts say, Exxon’s stock has lagged behind those of rivals Chevron and ConocoPhillips.

At Exxon Mobil’s annual shareholder meeting Wednesday in Dallas’ ornate symphony hall, Tillerson boasted about the company’s success — it rode higher oil prices to a $30.5 billion profit last year — and defended the new emphasis on natural gas.

Exxon predicts that natural gas will be the fastest-growing energy source, overtaking coal and ranking second only to oil in total use by 2020.

Much of that gas will be produced through “unconventional” methods, including hydraulic fracturing or fracking — the pumping of tons of water and chemicals into the ground to break open rock formations and extract the gas. The practice has attracted fierce opposition from landowners, environmentalists and government officials who say it poses the threat of contaminating underground water supplies.

About 28 per cent of Exxon shares were voted for a resolution that called for the company to disclose more information about fracking. At Chevron Corp., which has boosted its own natural gas business in the past year, 41 per cent of shares were cast for a similar resolution at its annual meeting Wednesday.

Michael Passoff of As You Sow, a San Francisco group that lobbies companies to adopt environmental policies, said the votes showed that mainstream investors are concerned about fracking and its financial risks for companies.

Tillerson said drilling for gas in shale deposits does carry risks. But, he said, fracking technology has been around for decades — it’s just being used more widely today — and can be done safely.

“The early detractors slap a label on something and then it takes us a long time to get that label peeled off,” he said. “And you guys” — referring to the media — “help them slap it on.”

Some recent polls have shown significant public concern about fracking in states where it’s being done, including New York and Pennsylvania. A Marist College poll showed New Yorkers evenly split between support and opposition for fracking. Regulators have stepped up monitoring of the drilling. Penalties have included a record fine recently against another energy company in Pennsylvania.

Tillerson said if the oil and gas industry can’t allay fears about fracking, more places will be off-limits to drilling.

A few shareholders said Exxon should do more to disclose known and potential environmental risks from fracking. Tracey Rembert of Ceres, a group of investors and environmentalists, called on the company to fully disclose the chemicals used in the process. Exxon Mobil and other energy companies post information on an industry website but decline to identify some of the compounds, calling them proprietary.

On pocketbook issues, two shareholders pressed Tillerson to raise the company’s dividend. Exxon’s quarterly dividend is 47 cents per share, yielding 2.3 per cent, compared with 78 cents per share and a yield of 3 per cent at Chevron. Tillerson said the company has raised the dividend 53 per cent since 2006 but doesn’t want to go faster, needing to balance bigger dividends against capital-spending needs.

Exxon shares rose just 7 per cent last year compared with a 19 per cent gain at Chevron and 33 per cent at ConocoPhillips. They’ve been more competitive so far this year. Still, only four of 17 analysts surveyed by FactSet have a “Buy” rating for Exxon.

Benchmark Co. analyst Mark Gilman said Exxon’s share price — it closed Wednesday at $81.96 — isn’t justified by future growth potential.

Argus Research analyst Phil Weiss said Exxon has lots of cash, little debt and a tradition of efficient operations. He has a “Buy” rating on the stock, but he’s concerned about the short-term effects of the XTO deal, which could be an even bigger handicap if natural gas prices remain low.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Tesla (NASDAQ:TSLA) plans to raise up to $214.3M in stock offerings to fund development of another car

Dominion Lending Centres Clearlease Reports Tesla (NASDAQ:TSLA) plans to raise up to $214.3M in stock offerings to fund development of another car

Dominion Lending Centres Clearlease Reports Tesla (NASDAQ:TSLA) plans to raise up to $214.3M in stock offerings to fund development of another car

VANCOUVER, BC (May 26, 2011) Dominion Lendign Centres Clearlease Reports Electric car upstart Tesla Motors Inc. (NASDAQ:TSLA) will sell common stock again, this time with hopes of raising $214 million to expand its limited model lineup.

The company plans to sell 5.3 million shares to the public and up to 795,000 more to the underwriter, at about $26 each, according to a regulatory filing on Wednesday May 25, 2011. The sale follows its initial public offering from a year ago, when its stock was offered at $17.

In addition, CEO and co-founder Elon Musk will buy 1.5 million shares at $26 each in a private sale. Blackstar Investco LLC, an affiliate of Daimler AG, will buy 644,475 shares directly from Tesla at the same price.

Executives typically buy shares in their own company to show faith in its future.

Shares of the Palo Alto, California-based rose 8.5 per cent to close at $28.98.

Proceeds from the sale are needed to develop the Model X, an SUV-like vehicle that will broaden the company’s appeal among consumers. Tesla gave no details and didn’t offer pictures of the vehicle, which would boost Tesla’s sales with an entry into a fast-growing segment of the U.S. market.

Andrea James, an applied technologies analyst with Minneapolis-based Dougherty and Co, said Tesla is building itself into a good, solid company. “That would be another brick in the foundation.”

Tesla currently sells just one vehicle, the $109,000 Roadster, an electric sports car popular with celebrities and performance-car enthusiasts. It will offer a $50,000 four-door luxury sedan called the Model S next year.

Tesla also makes technology, such as battery packs and chargers, for Daimler and Toyota. It is developing the power system for an electric version of the Toyota RAV-4, a popular small crossover vehicle.

No date was set for the new stock sale. The offering price will likely be changed to match market demand.

The company has posted losses since the IPO as it invests heavily in research and development. It lost $48.9 million in the first quarter largely because of ballooning costs.

But some analysts believe Tesla could eventually become much bigger as demand for electric vehicles expands.

U.S. sales of electric cars will reach 11,000 this year, rise to 36,000 in 2012 and grow to around 96,000 in 2015, predicts research firm J.D. Power and Associates. That’s still less than 1 per cent of total U.S. vehicle sales.

Tesla won’t turn a profit until 2013, said Dougherty’s James. But the company isn’t desperate for cash, she said, in part because of a $465 million loan from the U.S. Department of Energy to develop alternative fuel vehicles.

Tesla, she said, only has to capture 1 per cent of the U.S. luxury car market, or about 20,000 vehicles a year, to make money. “It’s not like they have to be the next Ford to be successful. They just need to be their own niche brand with growing appeal.”

Tesla has delivered about 1,650 of its Roadster sports cars as of the beginning of the month and received more than 4,600 reservations for its upcoming Model S sedan.

The company plans to show a prototype of the Model X crossover by the end of 2011 and start selling it in late 2013.

So far this year, the two automakers offering more mainstream electric vehicles have not seen huge sales. Nissan has sold about 1,000 of its Leaf all-electric model in the U.S., while General Motors has sold just over 1,700 Chevrolet Volt electric cars.

Tesla’s CEO, Elon Musk, has a history of successful startups, including PayPal and the rocket builder Space Exploration Technologies.

Toyota Motor Corp. last year agreed to sell Tesla a shuttered plant in Fremont, California, and invest $50 million in the company. Tesla plans to use the plant to build the Model S.

Tesla shares closed at $23.89 on its June IPO date, hit a low of $14.98 on July 7 and have risen since then. When it held its IPO in June 2010, Tesla was the first automaker to go public since Ford Motor Co. in 1956.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Tesla (NASDAQ:TSLA) plans to raise up to $214.3M in stock offerings to fund development of another car

VANCOUVER, BC (May 26, 2011) Dominion Lendign Centres Clearlease Reports Electric car upstart Tesla Motors Inc. (NASDAQ:TSLA) will sell common stock again, this time with hopes of raising $214 million to expand its limited model lineup.

The company plans to sell 5.3 million shares to the public and up to 795,000 more to the underwriter, at about $26 each, according to a regulatory filing on Wednesday May 25, 2011. The sale follows its initial public offering from a year ago, when its stock was offered at $17.

In addition, CEO and co-founder Elon Musk will buy 1.5 million shares at $26 each in a private sale. Blackstar Investco LLC, an affiliate of Daimler AG, will buy 644,475 shares directly from Tesla at the same price.

Executives typically buy shares in their own company to show faith in its future.

Shares of the Palo Alto, California-based rose 8.5 per cent to close at $28.98.

Proceeds from the sale are needed to develop the Model X, an SUV-like vehicle that will broaden the company’s appeal among consumers. Tesla gave no details and didn’t offer pictures of the vehicle, which would boost Tesla’s sales with an entry into a fast-growing segment of the U.S. market.

Andrea James, an applied technologies analyst with Minneapolis-based Dougherty and Co, said Tesla is building itself into a good, solid company. “That would be another brick in the foundation.”

Tesla currently sells just one vehicle, the $109,000 Roadster, an electric sports car popular with celebrities and performance-car enthusiasts. It will offer a $50,000 four-door luxury sedan called the Model S next year.

Tesla also makes technology, such as battery packs and chargers, for Daimler and Toyota. It is developing the power system for an electric version of the Toyota RAV-4, a popular small crossover vehicle.

No date was set for the new stock sale. The offering price will likely be changed to match market demand.

The company has posted losses since the IPO as it invests heavily in research and development. It lost $48.9 million in the first quarter largely because of ballooning costs.

But some analysts believe Tesla could eventually become much bigger as demand for electric vehicles expands.

U.S. sales of electric cars will reach 11,000 this year, rise to 36,000 in 2012 and grow to around 96,000 in 2015, predicts research firm J.D. Power and Associates. That’s still less than 1 per cent of total U.S. vehicle sales.

Tesla won’t turn a profit until 2013, said Dougherty’s James. But the company isn’t desperate for cash, she said, in part because of a $465 million loan from the U.S. Department of Energy to develop alternative fuel vehicles.

Tesla, she said, only has to capture 1 per cent of the U.S. luxury car market, or about 20,000 vehicles a year, to make money. “It’s not like they have to be the next Ford to be successful. They just need to be their own niche brand with growing appeal.”

Tesla has delivered about 1,650 of its Roadster sports cars as of the beginning of the month and received more than 4,600 reservations for its upcoming Model S sedan.

The company plans to show a prototype of the Model X crossover by the end of 2011 and start selling it in late 2013.

So far this year, the two automakers offering more mainstream electric vehicles have not seen huge sales. Nissan has sold about 1,000 of its Leaf all-electric model in the U.S., while General Motors has sold just over 1,700 Chevrolet Volt electric cars.

Tesla’s CEO, Elon Musk, has a history of successful startups, including PayPal and the rocket builder Space Exploration Technologies.

Toyota Motor Corp. last year agreed to sell Tesla a shuttered plant in Fremont, California, and invest $50 million in the company. Tesla plans to use the plant to build the Model S.

Tesla shares closed at $23.89 on its June IPO date, hit a low of $14.98 on July 7 and have risen since then. When it held its IPO in June 2010, Tesla was the first automaker to go public since Ford Motor Co. in 1956.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Tesla (NASDAQ:TSLA) plans to raise up to $214.3M in stock offerings to fund development of another car

VANCOUVER, BC (May 26, 2011) Dominion Lendign Centres Clearlease Reports Electric car upstart Tesla Motors Inc. (NASDAQ:TSLA) will sell common stock again, this time with hopes of raising $214 million to expand its limited model lineup.

The company plans to sell 5.3 million shares to the public and up to 795,000 more to the underwriter, at about $26 each, according to a regulatory filing on Wednesday May 25, 2011. The sale follows its initial public offering from a year ago, when its stock was offered at $17.

In addition, CEO and co-founder Elon Musk will buy 1.5 million shares at $26 each in a private sale. Blackstar Investco LLC, an affiliate of Daimler AG, will buy 644,475 shares directly from Tesla at the same price.

Executives typically buy shares in their own company to show faith in its future.

Shares of the Palo Alto, California-based rose 8.5 per cent to close at $28.98.

Proceeds from the sale are needed to develop the Model X, an SUV-like vehicle that will broaden the company’s appeal among consumers. Tesla gave no details and didn’t offer pictures of the vehicle, which would boost Tesla’s sales with an entry into a fast-growing segment of the U.S. market.

Andrea James, an applied technologies analyst with Minneapolis-based Dougherty and Co, said Tesla is building itself into a good, solid company. “That would be another brick in the foundation.”

Tesla currently sells just one vehicle, the $109,000 Roadster, an electric sports car popular with celebrities and performance-car enthusiasts. It will offer a $50,000 four-door luxury sedan called the Model S next year.

Tesla also makes technology, such as battery packs and chargers, for Daimler and Toyota. It is developing the power system for an electric version of the Toyota RAV-4, a popular small crossover vehicle.

No date was set for the new stock sale. The offering price will likely be changed to match market demand.

The company has posted losses since the IPO as it invests heavily in research and development. It lost $48.9 million in the first quarter largely because of ballooning costs.

But some analysts believe Tesla could eventually become much bigger as demand for electric vehicles expands.

U.S. sales of electric cars will reach 11,000 this year, rise to 36,000 in 2012 and grow to around 96,000 in 2015, predicts research firm J.D. Power and Associates. That’s still less than 1 per cent of total U.S. vehicle sales.

Tesla won’t turn a profit until 2013, said Dougherty’s James. But the company isn’t desperate for cash, she said, in part because of a $465 million loan from the U.S. Department of Energy to develop alternative fuel vehicles.

Tesla, she said, only has to capture 1 per cent of the U.S. luxury car market, or about 20,000 vehicles a year, to make money. “It’s not like they have to be the next Ford to be successful. They just need to be their own niche brand with growing appeal.”

Tesla has delivered about 1,650 of its Roadster sports cars as of the beginning of the month and received more than 4,600 reservations for its upcoming Model S sedan.

The company plans to show a prototype of the Model X crossover by the end of 2011 and start selling it in late 2013.

So far this year, the two automakers offering more mainstream electric vehicles have not seen huge sales. Nissan has sold about 1,000 of its Leaf all-electric model in the U.S., while General Motors has sold just over 1,700 Chevrolet Volt electric cars.

Tesla’s CEO, Elon Musk, has a history of successful startups, including PayPal and the rocket builder Space Exploration Technologies.

Toyota Motor Corp. last year agreed to sell Tesla a shuttered plant in Fremont, California, and invest $50 million in the company. Tesla plans to use the plant to build the Model S.

Tesla shares closed at $23.89 on its June IPO date, hit a low of $14.98 on July 7 and have risen since then. When it held its IPO in June 2010, Tesla was the first automaker to go public since Ford Motor Co. in 1956.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Younger users driving adoption of smartphones in Canada: survey

Dominion Lending Centres Clearlease Reports Younger users driving adoption of smartphones in Canada: survey

Dominion Lending Centres Clearlease Reports Younger users driving adoption of smartphones in Canada: survey

VANCOUVER, BC (May 25, 2011) Clearlease Reports Younger users are driving the growing adoption of smartphones and mobile technology in Canada, suggests a report to be released Thursday by the Canadian Wireless Telecommunications Association.

The industry group commissioned a survey of more than 2,000 mobile users over a two-week period in March to assess the state of the industry and how much mobile users are paying attention to new technologies.

The group estimates there are now more than 25 million mobile users in Canada and the younger users especially are ditching their older cellphones for smartphones like BlackBerrys, iPhones and Google Android phones. While only 33 per cent of all those surveyed said they had a smartphone, 48 per cent of 18- to 34-year-old users had a smartphone and 55 per cent of 18- to 24-year-olds had already upgraded.

“The younger group is more interested in these technologies and want to use them and that’s a leading indicator that these technologies will grow,” said association president Bernard Lord.

“We’re moving from just having mobile phones for conversation and voice to truly having broadband mobile Internet accessible to us almost anywhere, anytime.

“They’re the ones that are really driving this change.”

As users migrate over to smartphones they’re also willing to pay monthly fees to take full advantage of the mobile web, the report suggests. About 81 per cent of smartphone users opted for a data plan, compared to the 15 per cent of cellphone users that paid for data.

Just over half of the surveyed smartphone users said they had downloaded apps to their phone, with the average number being 12. While users favoured getting apps for free — only about one in four of a user’s apps were paid for, on average — only 13 per cent said they’d be willing to trade personal information or GPS data to get out of paying.

About 22 per cent of smartphone users said they did some mobile banking, while the rate was 30 per cent for users between 18 and 34.

The association also asked several questions about emerging technologies — including 2D barcodes, location-based marketing and digital wallets — to gauge how fast users may adopt them.

“We wanted to get a sense of what is the awareness of these technologies out there and where do they stand,” said Lord, former premier of New Brunswick. “Some numbers may seem low but for us they’re actually high … showing these technologies are really penetrating the marketplace.”

About 45 per cent of all mobile users said they were aware of 2D barcode technology — which allows users to take a picture of a barcode and then automatically get directed to more information — but only 10 per cent said they had actually tried it.

Around 29 per cent said they were interested in location-based marketing or sites like Facebook Places, which use a phone’s GPS to find nearby businesses offering coupons or deals.

When it came to questions about mobile wallet technology the response was more muted. Only 18 per cent said they were interested in swiping their phone at a check-out instead of paying with cash or a credit card. Once again, users aged 18 to 34 were somewhat more interested, with 27 per cent expressing interest. But users were more willing to swipe a phone for purposes other than making purchases, like for using digital membership cards (31 per cent), transit passes (29 per cent), loyalty point cards (27 per cent) and gift cards (25 per cent).

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Younger users driving adoption of smartphones in Canada: survey

VANCOUVER, BC (May 25, 2011) Clearlease Reports Younger users are driving the growing adoption of smartphones and mobile technology in Canada, suggests a report to be released Thursday by the Canadian Wireless Telecommunications Association.

The industry group commissioned a survey of more than 2,000 mobile users over a two-week period in March to assess the state of the industry and how much mobile users are paying attention to new technologies.

The group estimates there are now more than 25 million mobile users in Canada and the younger users especially are ditching their older cellphones for smartphones like BlackBerrys, iPhones and Google Android phones. While only 33 per cent of all those surveyed said they had a smartphone, 48 per cent of 18- to 34-year-old users had a smartphone and 55 per cent of 18- to 24-year-olds had already upgraded.

“The younger group is more interested in these technologies and want to use them and that’s a leading indicator that these technologies will grow,” said association president Bernard Lord.

“We’re moving from just having mobile phones for conversation and voice to truly having broadband mobile Internet accessible to us almost anywhere, anytime.

“They’re the ones that are really driving this change.”

As users migrate over to smartphones they’re also willing to pay monthly fees to take full advantage of the mobile web, the report suggests. About 81 per cent of smartphone users opted for a data plan, compared to the 15 per cent of cellphone users that paid for data.

Just over half of the surveyed smartphone users said they had downloaded apps to their phone, with the average number being 12. While users favoured getting apps for free — only about one in four of a user’s apps were paid for, on average — only 13 per cent said they’d be willing to trade personal information or GPS data to get out of paying.

About 22 per cent of smartphone users said they did some mobile banking, while the rate was 30 per cent for users between 18 and 34.

The association also asked several questions about emerging technologies — including 2D barcodes, location-based marketing and digital wallets — to gauge how fast users may adopt them.

“We wanted to get a sense of what is the awareness of these technologies out there and where do they stand,” said Lord, former premier of New Brunswick. “Some numbers may seem low but for us they’re actually high … showing these technologies are really penetrating the marketplace.”

About 45 per cent of all mobile users said they were aware of 2D barcode technology — which allows users to take a picture of a barcode and then automatically get directed to more information — but only 10 per cent said they had actually tried it.

Around 29 per cent said they were interested in location-based marketing or sites like Facebook Places, which use a phone’s GPS to find nearby businesses offering coupons or deals.

When it came to questions about mobile wallet technology the response was more muted. Only 18 per cent said they were interested in swiping their phone at a check-out instead of paying with cash or a credit card. Once again, users aged 18 to 34 were somewhat more interested, with 27 per cent expressing interest. But users were more willing to swipe a phone for purposes other than making purchases, like for using digital membership cards (31 per cent), transit passes (29 per cent), loyalty point cards (27 per cent) and gift cards (25 per cent).

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Younger users driving adoption of smartphones in Canada: survey

VANCOUVER, BC (May 25, 2011) Clearlease Reports Younger users are driving the growing adoption of smartphones and mobile technology in Canada, suggests a report to be released Thursday by the Canadian Wireless Telecommunications Association.

The industry group commissioned a survey of more than 2,000 mobile users over a two-week period in March to assess the state of the industry and how much mobile users are paying attention to new technologies.

The group estimates there are now more than 25 million mobile users in Canada and the younger users especially are ditching their older cellphones for smartphones like BlackBerrys, iPhones and Google Android phones. While only 33 per cent of all those surveyed said they had a smartphone, 48 per cent of 18- to 34-year-old users had a smartphone and 55 per cent of 18- to 24-year-olds had already upgraded.

“The younger group is more interested in these technologies and want to use them and that’s a leading indicator that these technologies will grow,” said association president Bernard Lord.

“We’re moving from just having mobile phones for conversation and voice to truly having broadband mobile Internet accessible to us almost anywhere, anytime.

“They’re the ones that are really driving this change.”

As users migrate over to smartphones they’re also willing to pay monthly fees to take full advantage of the mobile web, the report suggests. About 81 per cent of smartphone users opted for a data plan, compared to the 15 per cent of cellphone users that paid for data.

Just over half of the surveyed smartphone users said they had downloaded apps to their phone, with the average number being 12. While users favoured getting apps for free — only about one in four of a user’s apps were paid for, on average — only 13 per cent said they’d be willing to trade personal information or GPS data to get out of paying.

About 22 per cent of smartphone users said they did some mobile banking, while the rate was 30 per cent for users between 18 and 34.

The association also asked several questions about emerging technologies — including 2D barcodes, location-based marketing and digital wallets — to gauge how fast users may adopt them.

“We wanted to get a sense of what is the awareness of these technologies out there and where do they stand,” said Lord, former premier of New Brunswick. “Some numbers may seem low but for us they’re actually high … showing these technologies are really penetrating the marketplace.”

About 45 per cent of all mobile users said they were aware of 2D barcode technology — which allows users to take a picture of a barcode and then automatically get directed to more information — but only 10 per cent said they had actually tried it.

Around 29 per cent said they were interested in location-based marketing or sites like Facebook Places, which use a phone’s GPS to find nearby businesses offering coupons or deals.

When it came to questions about mobile wallet technology the response was more muted. Only 18 per cent said they were interested in swiping their phone at a check-out instead of paying with cash or a credit card. Once again, users aged 18 to 34 were somewhat more interested, with 27 per cent expressing interest. But users were more willing to swipe a phone for purposes other than making purchases, like for using digital membership cards (31 per cent), transit passes (29 per cent), loyalty point cards (27 per cent) and gift cards (25 per cent).

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports TSX up as rising oil prices lift energy companies, BMO turns in solid earnings

Dominion Lending Centres Clearlease Reports TSX up as rising oil prices lift energy companies, BMO turns in solid earnings

Dominion Lending Centres Clearlease Reports TSX up as rising oil prices lift energy companies, BMO turns in solid earnings

VANCOUVER, BC (May 25, 2011) Clearlease Reports The Toronto stock market was higher Wednesday as signs of greater demand lifted oil prices and energy stocks while Bank of Montreal delivered a solid earnings report Wednesday May 25, 2011.

The S&P /TSX composite index was up 89.73 points to 13,684.85 while the TSX Venture Exchange gained 9.14 points to 2,036.21.

The Canadian dollar was lower against the American currency, down 0.16 of a US cent to 102.29 cents US.

Bank of Montreal (TSX:BMO) reported its second-quarter profits rose $55 million to $800 million. The results were equivalent to adjusted earnings of $1.35 per share, four cents ahead of analyst expectations collected by Thomson Reuters.

Quarterly revenue increased to $3.21 billion, below expectations of $3.25 billion, but ahead of the $3.04 billion reported a year earlier. Its shares rose 42 at $61.92.

“There are the core bank earnings, which were quite good and were definitely helped by the decline in loan losses, which is a very good thing,” said Chris Kuflik, wealth advisor with ScotiaMcLeod in Montreal.

“On the other side, the trading revenues, which are often a driver of earnings growth, and usually the most volatile component, is not doing that well right now. In market like this, it’s very difficult.”

Oil prices turned positive after data showed that U.S. crude inventories rose much less than expected last week. The Energy Information Administration said oil inventories rose 600,000 barrels against expectations of a 1.6 million barrel jump.

At the same time, gasoline inventories were up 3.8 million barrels while analysts had expected supplies to rise by 750,000 barrels.

The July crude contract on the New York Mercantile Exchange gained 18 cents to US$99.77 a barrel and the energy sector was up 0.63 per cent. Suncor Energy (TSX:SU) climbed 42 cents to $39.99 while Talisman Energy rose 36 cents to C$20.18.

Oil received a boost Tuesday after Goldman Sachs , J.P. Morgan and Morgan Stanley said prices will rise later this year as the Libya conflict hits global supply.

Mining stocks advanced as metal prices gained ground with the July copper contract on the New York Mercantile Exchange ahead 10 cents to US$4.11 a pound. The base metals sector rose 1.08 per cent as Teck Resources (TSX:TCK.B) rose 96 cents to $48.20 while Quadra FNX Mining (TSX:QUX) was up 24 cents to $15.

The gold sector was also higher as rising worries about the European government debt crisis helped send bullion prices higher for a fourth day. The June gold contract in New York gained $3.30 to US$1,526.60 an ounce and Barrick Gold Corp. (TSX:ABX) climbed 23 cents to $45.86 while Kinross Gold Corp. (TSX:K) gained 17 cents to $15.

The telecom sector was the leading decliner, down 0.26 per cent as Rogers Communications (TSX:RCI.B) gave back 16 cents to $37.17 while BCE Inc. (TSX:BCE) slipped 13 cents to $38.48.

Despite the positive showing on the TSX, investors are cautious given a broad range of concerns, including that the global economy is faltering and that Europe’s debt crisis is deepening.

Greece continues to be the main driver of European debt concerns, even more so after meetings Tuesday indicated a lack of consensus between the government and the opposition.

Many investors think that Greece will eventually have to restructure its debts in some form.

“For a long time what effectively happened is we had the issue, the issue started to calm down a little bit as the can got kicked further down the road with the hopes of, if we throw money at it, it will get better,’ added Kuflik.

New York markets were higher even as traders worried about a slowing of the global economy also took in some dismal American data. U.S. durable goods orders dropped 3.6 per cent in April, worse than the 2.4 per cent drop that analysts had expected.

The Dow Jones industrial average gained 29.78 points to 12,385.99.

The Nasdaq composite index rose 10.48 points to 2,756.64 while the S&P 500 index was up 3.32 points to 1,319.6.

In other corporate news, Tim Hortons (TSX:THI) stock was down 42 cents to $45.41 as the company announced that president and CEO Don Schroeder has left the company effective immediately. In the meantime, executive chairman Paul House, who has previously held the position of president and CEO, will once again take on the role on an interim basis

It could take up to a week for Cenovus Energy (TSX:CVE) to get its Pelican Lake crude flowing at full speed once a key northern Alberta pipeline returns to service after being shut down due to forest fires in the region. Cenovus normally produces about 22,000 barrels of oil per day at Pelican Lake but shut down production last Thursday. Cenovus shares slipped six cents to $34.09.

Shares in forest plantation operator Sino-Forest Corp. (TSX:TRE) gained 33 cents to C$19.21 after it said there have been no corporate developments that would explain a recent slump in the price of its stock. The Toronto-based forestry firm, which operates large timber stands in China, saw its shares slide seven per cent on Tuesday to close at $18.88 after four per cent slide on Friday.

The board of toymaker Mega Brands Inc. (TSX:MB) has approved a one-for-20 consolidation of its issued and outstanding common shares. Its shares were down 1.5 cents to 48 cents.

In overseas trading, South Korea ’s Kospi sank 1.3 per cent, Australia’s S&P/ASX 200 lost one per cent and Hong Kong ’s Hang Seng was up 0.1 per cent.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports TSX up as rising oil prices lift energy companies, BMO turns in solid earnings

VANCOUVER, BC (May 25, 2011) Clearlease Reports The Toronto stock market was higher Wednesday as signs of greater demand lifted oil prices and energy stocks while Bank of Montreal delivered a solid earnings report Wednesday May 25, 2011.

The S&P /TSX composite index was up 89.73 points to 13,684.85 while the TSX Venture Exchange gained 9.14 points to 2,036.21.

The Canadian dollar was lower against the American currency, down 0.16 of a US cent to 102.29 cents US.

Bank of Montreal (TSX:BMO) reported its second-quarter profits rose $55 million to $800 million. The results were equivalent to adjusted earnings of $1.35 per share, four cents ahead of analyst expectations collected by Thomson Reuters.

Quarterly revenue increased to $3.21 billion, below expectations of $3.25 billion, but ahead of the $3.04 billion reported a year earlier. Its shares rose 42 at $61.92.

“There are the core bank earnings, which were quite good and were definitely helped by the decline in loan losses, which is a very good thing,” said Chris Kuflik, wealth advisor with ScotiaMcLeod in Montreal.

“On the other side, the trading revenues, which are often a driver of earnings growth, and usually the most volatile component, is not doing that well right now. In market like this, it’s very difficult.”

Oil prices turned positive after data showed that U.S. crude inventories rose much less than expected last week. The Energy Information Administration said oil inventories rose 600,000 barrels against expectations of a 1.6 million barrel jump.

At the same time, gasoline inventories were up 3.8 million barrels while analysts had expected supplies to rise by 750,000 barrels.

The July crude contract on the New York Mercantile Exchange gained 18 cents to US$99.77 a barrel and the energy sector was up 0.63 per cent. Suncor Energy (TSX:SU) climbed 42 cents to $39.99 while Talisman Energy rose 36 cents to C$20.18.

Oil received a boost Tuesday after Goldman Sachs , J.P. Morgan and Morgan Stanley said prices will rise later this year as the Libya conflict hits global supply.

Mining stocks advanced as metal prices gained ground with the July copper contract on the New York Mercantile Exchange ahead 10 cents to US$4.11 a pound. The base metals sector rose 1.08 per cent as Teck Resources (TSX:TCK.B) rose 96 cents to $48.20 while Quadra FNX Mining (TSX:QUX) was up 24 cents to $15.

The gold sector was also higher as rising worries about the European government debt crisis helped send bullion prices higher for a fourth day. The June gold contract in New York gained $3.30 to US$1,526.60 an ounce and Barrick Gold Corp. (TSX:ABX) climbed 23 cents to $45.86 while Kinross Gold Corp. (TSX:K) gained 17 cents to $15.

The telecom sector was the leading decliner, down 0.26 per cent as Rogers Communications (TSX:RCI.B) gave back 16 cents to $37.17 while BCE Inc. (TSX:BCE) slipped 13 cents to $38.48.

Despite the positive showing on the TSX, investors are cautious given a broad range of concerns, including that the global economy is faltering and that Europe’s debt crisis is deepening.

Greece continues to be the main driver of European debt concerns, even more so after meetings Tuesday indicated a lack of consensus between the government and the opposition.

Many investors think that Greece will eventually have to restructure its debts in some form.

“For a long time what effectively happened is we had the issue, the issue started to calm down a little bit as the can got kicked further down the road with the hopes of, if we throw money at it, it will get better,’ added Kuflik.

New York markets were higher even as traders worried about a slowing of the global economy also took in some dismal American data. U.S. durable goods orders dropped 3.6 per cent in April, worse than the 2.4 per cent drop that analysts had expected.

The Dow Jones industrial average gained 29.78 points to 12,385.99.

The Nasdaq composite index rose 10.48 points to 2,756.64 while the S&P 500 index was up 3.32 points to 1,319.6.

In other corporate news, Tim Hortons (TSX:THI) stock was down 42 cents to $45.41 as the company announced that president and CEO Don Schroeder has left the company effective immediately. In the meantime, executive chairman Paul House, who has previously held the position of president and CEO, will once again take on the role on an interim basis

It could take up to a week for Cenovus Energy (TSX:CVE) to get its Pelican Lake crude flowing at full speed once a key northern Alberta pipeline returns to service after being shut down due to forest fires in the region. Cenovus normally produces about 22,000 barrels of oil per day at Pelican Lake but shut down production last Thursday. Cenovus shares slipped six cents to $34.09.

Shares in forest plantation operator Sino-Forest Corp. (TSX:TRE) gained 33 cents to C$19.21 after it said there have been no corporate developments that would explain a recent slump in the price of its stock. The Toronto-based forestry firm, which operates large timber stands in China, saw its shares slide seven per cent on Tuesday to close at $18.88 after four per cent slide on Friday.

The board of toymaker Mega Brands Inc. (TSX:MB) has approved a one-for-20 consolidation of its issued and outstanding common shares. Its shares were down 1.5 cents to 48 cents.

In overseas trading, South Korea ’s Kospi sank 1.3 per cent, Australia’s S&P/ASX 200 lost one per cent and Hong Kong ’s Hang Seng was up 0.1 per cent.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports TSX up as rising oil prices lift energy companies, BMO turns in solid earnings

VANCOUVER, BC (May 25, 2011) Clearlease Reports The Toronto stock market was higher Wednesday as signs of greater demand lifted oil prices and energy stocks while Bank of Montreal delivered a solid earnings report Wednesday May 25, 2011.

The S&P /TSX composite index was up 89.73 points to 13,684.85 while the TSX Venture Exchange gained 9.14 points to 2,036.21.

The Canadian dollar was lower against the American currency, down 0.16 of a US cent to 102.29 cents US.

Bank of Montreal (TSX:BMO) reported its second-quarter profits rose $55 million to $800 million. The results were equivalent to adjusted earnings of $1.35 per share, four cents ahead of analyst expectations collected by Thomson Reuters.

Quarterly revenue increased to $3.21 billion, below expectations of $3.25 billion, but ahead of the $3.04 billion reported a year earlier. Its shares rose 42 at $61.92.

“There are the core bank earnings, which were quite good and were definitely helped by the decline in loan losses, which is a very good thing,” said Chris Kuflik, wealth advisor with ScotiaMcLeod in Montreal.

“On the other side, the trading revenues, which are often a driver of earnings growth, and usually the most volatile component, is not doing that well right now. In market like this, it’s very difficult.”

Oil prices turned positive after data showed that U.S. crude inventories rose much less than expected last week. The Energy Information Administration said oil inventories rose 600,000 barrels against expectations of a 1.6 million barrel jump.

At the same time, gasoline inventories were up 3.8 million barrels while analysts had expected supplies to rise by 750,000 barrels.

The July crude contract on the New York Mercantile Exchange gained 18 cents to US$99.77 a barrel and the energy sector was up 0.63 per cent. Suncor Energy (TSX:SU) climbed 42 cents to $39.99 while Talisman Energy rose 36 cents to C$20.18.

Oil received a boost Tuesday after Goldman Sachs , J.P. Morgan and Morgan Stanley said prices will rise later this year as the Libya conflict hits global supply.

Mining stocks advanced as metal prices gained ground with the July copper contract on the New York Mercantile Exchange ahead 10 cents to US$4.11 a pound. The base metals sector rose 1.08 per cent as Teck Resources (TSX:TCK.B) rose 96 cents to $48.20 while Quadra FNX Mining (TSX:QUX) was up 24 cents to $15.

The gold sector was also higher as rising worries about the European government debt crisis helped send bullion prices higher for a fourth day. The June gold contract in New York gained $3.30 to US$1,526.60 an ounce and Barrick Gold Corp. (TSX:ABX) climbed 23 cents to $45.86 while Kinross Gold Corp. (TSX:K) gained 17 cents to $15.

The telecom sector was the leading decliner, down 0.26 per cent as Rogers Communications (TSX:RCI.B) gave back 16 cents to $37.17 while BCE Inc. (TSX:BCE) slipped 13 cents to $38.48.

Despite the positive showing on the TSX, investors are cautious given a broad range of concerns, including that the global economy is faltering and that Europe’s debt crisis is deepening.

Greece continues to be the main driver of European debt concerns, even more so after meetings Tuesday indicated a lack of consensus between the government and the opposition.

Many investors think that Greece will eventually have to restructure its debts in some form.

“For a long time what effectively happened is we had the issue, the issue started to calm down a little bit as the can got kicked further down the road with the hopes of, if we throw money at it, it will get better,’ added Kuflik.

New York markets were higher even as traders worried about a slowing of the global economy also took in some dismal American data. U.S. durable goods orders dropped 3.6 per cent in April, worse than the 2.4 per cent drop that analysts had expected.

The Dow Jones industrial average gained 29.78 points to 12,385.99.

The Nasdaq composite index rose 10.48 points to 2,756.64 while the S&P 500 index was up 3.32 points to 1,319.6.

In other corporate news, Tim Hortons (TSX:THI) stock was down 42 cents to $45.41 as the company announced that president and CEO Don Schroeder has left the company effective immediately. In the meantime, executive chairman Paul House, who has previously held the position of president and CEO, will once again take on the role on an interim basis

It could take up to a week for Cenovus Energy (TSX:CVE) to get its Pelican Lake crude flowing at full speed once a key northern Alberta pipeline returns to service after being shut down due to forest fires in the region. Cenovus normally produces about 22,000 barrels of oil per day at Pelican Lake but shut down production last Thursday. Cenovus shares slipped six cents to $34.09.

Shares in forest plantation operator Sino-Forest Corp. (TSX:TRE) gained 33 cents to C$19.21 after it said there have been no corporate developments that would explain a recent slump in the price of its stock. The Toronto-based forestry firm, which operates large timber stands in China, saw its shares slide seven per cent on Tuesday to close at $18.88 after four per cent slide on Friday.

The board of toymaker Mega Brands Inc. (TSX:MB) has approved a one-for-20 consolidation of its issued and outstanding common shares. Its shares were down 1.5 cents to 48 cents.

In overseas trading, South Korea ’s Kospi sank 1.3 per cent, Australia’s S&P/ASX 200 lost one per cent and Hong Kong ’s Hang Seng was up 0.1 per cent.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Google (NasdaqGS:GOOG) partnering with Citibank for giant California wind farm

Dominion Lending Centres Clearlease Reports Google (NasdaqGS:GOOG) partnering with Citibank for giant California wind farm

Dominion Lending Centres Clearlease Reports Google (NasdaqGS:GOOG) partnering with Citibank for giant California wind farm

VANCOUVER, BC (May 25, 2011) Clearlease Reports Google Inc. (NasdaqGS:GOOG) is throwing $55 million to the wind in California.

The Mountain-View-based Internet search giant said Wednesday May 25, 2011 that it’s partnering with Citibank to help finance the Alta Wind Energy Center wind farm in the Tehachapi Mountains.

The Los Angeles Times reports Google and Citibank are each plunking down $55 million.

The Kern County wind farm will generate 1.5 gigawatts of electricity, enough to power 450,000 homes through Southern California Edison.

The Alta Wind project is being built in phases. Segments are already generating 720 megawatts of energy and another 300 megawatts goes online by the end of the year.

Google and Citibank are buying the fourth phase of the project, known as Alta IV, and will lease it back to developer Terra-Gen to operate over a long-term contract.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Google (NasdaqGS:GOOG) partnering with Citibank for giant California wind farm

VANCOUVER, BC (May 25, 2011) Clearlease Reports Google Inc. (NasdaqGS:GOOG) is throwing $55 million to the wind in California.

The Mountain-View-based Internet search giant said Wednesday May 25, 2011 that it’s partnering with Citibank to help finance the Alta Wind Energy Center wind farm in the Tehachapi Mountains.

The Los Angeles Times reports Google and Citibank are each plunking down $55 million.

The Kern County wind farm will generate 1.5 gigawatts of electricity, enough to power 450,000 homes through Southern California Edison.

The Alta Wind project is being built in phases. Segments are already generating 720 megawatts of energy and another 300 megawatts goes online by the end of the year.

Google and Citibank are buying the fourth phase of the project, known as Alta IV, and will lease it back to developer Terra-Gen to operate over a long-term contract.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Google (NasdaqGS:GOOG) partnering with Citibank for giant California wind farm

VANCOUVER, BC (May 25, 2011) Clearlease Reports Google Inc. (NasdaqGS:GOOG) is throwing $55 million to the wind in California.

The Mountain-View-based Internet search giant said Wednesday May 25, 2011 that it’s partnering with Citibank to help finance the Alta Wind Energy Center wind farm in the Tehachapi Mountains.

The Los Angeles Times reports Google and Citibank are each plunking down $55 million.

The Kern County wind farm will generate 1.5 gigawatts of electricity, enough to power 450,000 homes through Southern California Edison.

The Alta Wind project is being built in phases. Segments are already generating 720 megawatts of energy and another 300 megawatts goes online by the end of the year.

Google and Citibank are buying the fourth phase of the project, known as Alta IV, and will lease it back to developer Terra-Gen to operate over a long-term contract.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

VANCOUVER, BC (May 25, 2011) Clearlease Reports Diageo PLC, the world’s largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.

Diageo, whose brands include Johnnie Walker whisky, Smirnoff vodka and Guinness stout, said it will launch two new divisions — Latin America and the Caribbean, and Africa — on July 1.

That breaks up the company’s current “International” business. Its North America, Asia Pacific and Europe units remain.

“The regional variation in the pace of economic growth has created significant change and new opportunities for Diageo as a global business,” said Chief Executive Officer Paul Walsh. “In order to capture these opportunities Diageo has begun a review of our operating model across the business to ensure that all our resources are deployed closer to the market and in those areas where the potential for growth is greatest.”

Walsh added that the company had begun an “employee consultation process on significant changes” to the Europe division, signalling likely job losses.

The company earlier this month reported that sales rose 5 per cent in the first nine months of the year, more than analysts expected, as growth in emerging markets, particularly Asia, offset a drop in Europe.

Sales were down 3 per cent in Europe but up 3 per cent in North America, 9 per cent in Asia and the Pacific and 14 per cent in all other markets.

The brunt of the job cuts is expected to be borne by countries that have underperformed in recent years, including Spain and Ireland, where U.S. President Barack Obama enjoyed a pint of Guinness just a few days ago.

Diageo Ireland Managing Director John Kennedy said Tuesday that changes were “absolutely essential to ensure that Diageo has a competitive and sustainable business in the country.

“Diageo is fully committed to Ireland, and has very significant operations here that are an essential element of our company’s operations globally,” he said. “However we do need to make changes and deliver greater efficiencies in some of the support functions of the business.”

Support functions and marketing at the the company’s flagship St. James’ Gate brewing plant in the centre of Dublin are expected to take a hit.

Diageo said Wednesday that two senior executives would leave the company as a result of the shakeup.

Stuart Fletcher, the president of the soon to be defunct Diageo International, and Chief Customer Officer Ron Anderson will both depart when the transition process is completed, which the company expects to happen in the middle of next year.

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 (Dominion Lending Centres Clearlease Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. Dominion Lending Centres Clearlease 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. Headquartered in Downtown Vancouver, British Columbia. We are expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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:
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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

VANCOUVER, BC (May 25, 2011) Clearlease Reports Diageo PLC, the world’s largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.

Diageo, whose brands include Johnnie Walker whisky, Smirnoff vodka and Guinness stout, said it will launch two new divisions — Latin America and the Caribbean, and Africa — on July 1.

That breaks up the company’s current “International” business. Its North America, Asia Pacific and Europe units remain.

“The regional variation in the pace of economic growth has created significant change and new opportunities for Diageo as a global business,” said Chief Executive Officer Paul Walsh. “In order to capture these opportunities Diageo has begun a review of our operating model across the business to ensure that all our resources are deployed closer to the market and in those areas where the potential for growth is greatest.”

Walsh added that the company had begun an “employee consultation process on significant changes” to the Europe division, signalling likely job losses.

The company earlier this month reported that sales rose 5 per cent in the first nine months of the year, more than analysts expected, as growth in emerging markets, particularly Asia, offset a drop in Europe.

Sales were down 3 per cent in Europe but up 3 per cent in North America, 9 per cent in Asia and the Pacific and 14 per cent in all other markets.

The brunt of the job cuts is expected to be borne by countries that have underperformed in recent years, including Spain and Ireland, where U.S. President Barack Obama enjoyed a pint of Guinness just a few days ago.

Diageo Ireland Managing Director John Kennedy said Tuesday that changes were “absolutely essential to ensure that Diageo has a competitive and sustainable business in the country.

“Diageo is fully committed to Ireland, and has very significant operations here that are an essential element of our company’s operations globally,” he said. “However we do need to make changes and deliver greater efficiencies in some of the support functions of the business.”

Support functions and marketing at the the company’s flagship St. James’ Gate brewing plant in the centre of Dublin are expected to take a hit.

Diageo said Wednesday that two senior executives would leave the company as a result of the shakeup.

Stuart Fletcher, the president of the soon to be defunct Diageo International, and Chief Customer Officer Ron Anderson will both depart when the transition process is completed, which the company expects to happen in the middle of next year.

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 (Dominion Lending Centres Clearlease Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. Dominion Lending Centres Clearlease 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. Headquartered in Downtown Vancouver, British Columbia. We are expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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:
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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports Diageo to restructure business to focus on emerging markets, flags job cuts

VANCOUVER, BC (May 25, 2011) Clearlease Reports Diageo PLC, the world’s largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.

Diageo, whose brands include Johnnie Walker whisky, Smirnoff vodka and Guinness stout, said it will launch two new divisions — Latin America and the Caribbean, and Africa — on July 1.

That breaks up the company’s current “International” business. Its North America, Asia Pacific and Europe units remain.

“The regional variation in the pace of economic growth has created significant change and new opportunities for Diageo as a global business,” said Chief Executive Officer Paul Walsh. “In order to capture these opportunities Diageo has begun a review of our operating model across the business to ensure that all our resources are deployed closer to the market and in those areas where the potential for growth is greatest.”

Walsh added that the company had begun an “employee consultation process on significant changes” to the Europe division, signalling likely job losses.

The company earlier this month reported that sales rose 5 per cent in the first nine months of the year, more than analysts expected, as growth in emerging markets, particularly Asia, offset a drop in Europe.

Sales were down 3 per cent in Europe but up 3 per cent in North America, 9 per cent in Asia and the Pacific and 14 per cent in all other markets.

The brunt of the job cuts is expected to be borne by countries that have underperformed in recent years, including Spain and Ireland, where U.S. President Barack Obama enjoyed a pint of Guinness just a few days ago.

Diageo Ireland Managing Director John Kennedy said Tuesday that changes were “absolutely essential to ensure that Diageo has a competitive and sustainable business in the country.

“Diageo is fully committed to Ireland, and has very significant operations here that are an essential element of our company’s operations globally,” he said. “However we do need to make changes and deliver greater efficiencies in some of the support functions of the business.”

Support functions and marketing at the the company’s flagship St. James’ Gate brewing plant in the centre of Dublin are expected to take a hit.

Diageo said Wednesday that two senior executives would leave the company as a result of the shakeup.

Stuart Fletcher, the president of the soon to be defunct Diageo International, and Chief Customer Officer Ron Anderson will both depart when the transition process is completed, which the company expects to happen in the middle of next year.

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 (Dominion Lending Centres Clearlease Clearlease / Clearlease.com ) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending / Mortgage Financing. Dominion Lending Centres Clearlease 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. Headquartered in Downtown Vancouver, British Columbia. We are expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.

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:
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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

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

Dominion Lending Centres Clearlease Reports After showing a lack of direction throughout much of the previous session

Dominion Lending Centres Clearlease Reports After showing a lack of direction throughout much of the previous session

Dominion Lending Centres Clearlease Reports After showing a lack of direction throughout much of the previous session

VANCOUVER, BC (May 25, 2011) Clearlease Reports US stocks continue to experience choppy trading on Wednesday May 25, 2011. The lackluster performance comes as traders have shrugged off a disappointing report on durable goods orders.

The major averages are currently mixed on the day, with the Nasdaq just above the unchanged line. While the Nasdaq is up 1.03 points or less than a tenth of a percent at 2,747.19, the Dow is down 22.02 points or 0.2 percent at 12,333.81 and the S&P 500 is down 2.22 points or 0.2 percent at 1,314.06.

Before the start of trading, the Commerce Department released a report showing a significant drop in durable goods orders in April, although the report also showed a notable upward revision to the increase in orders that was reported for March.

The report showed that orders fell by 3.6 percent in April following an upwardly revised 4.4 percent increase in March. Economists had expected orders to drop by 3.0 percent compared to the 2.5 percent increase that had been reported for the previous month.

“Bottom line, the revisions to March did compensate for the April fall in orders and proves how volatile this data set is month to month,” said Peter Boockvar, equity strategist at Miller Tabak. “Thus, I’m not confident to make any firm conclusion with today’s April figure.”

He added, “With respect to manufacturing, the most important figure we await is next week’s ISM because of the moderating May regional manufacturing surveys we’ve seen thus far.”

Next Wednesday, the Institute for Supply Management is scheduled to release its report on national manufacturing activity in the month of May.

Among individual stocks, shares of Costco (COST) are trading lower even though the membership warehouse operator reported first quarter earnings that rose to $0.73 per share from $0.68 per share in the same quarter last year.

Costco said its revenues for the quarter rose to $20.62 billion from $17.78 billion a year ago, coming in above analyst estimates for $20.09 billion.

Meanwhile, Take-Two Interactive (TTWO) is moving to the upside after the video game publisher reported a narrower than expected fourth quarter loss but provided disappointing guidance for the first quarter and fiscal year 2012.

Sector News

Despite the lack of direction being shown by the broader markets, considerable strength has emerged among oil service stocks. The Philadelphia Oil Service Index has risen by 1.7 percent but remains stuck in a recent trading range.

Oil service giant Halliburton (HAL) is helping to lead the sector higher after Morgan Stanley upgraded its rating on the stock to Overweight from Equal-weight. Shares of Halliburton are currently up by 3 percent after reaching their best intraday level in almost a month.

The strength among oil service stocks comes even though crude for July delivery has dropped $0.30 to $99.29 a barrel ahead of the weekly oil inventories report.

On the other hand, utilities stocks have shown a notable move to the downside in morning trading, dragging the Philadelphia Utility Sector Index down by 1 percent. American Electric Power (AEP) and NextEra Energy (NEE) are posting significant losses.

Most of the other major sectors are showing only modest moves on the day, contributing to the lackluster performance by the broader markets.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports After showing a lack of direction throughout much of the previous session

VANCOUVER, BC (May 25, 2011) Clearlease Reports US stocks continue to experience choppy trading on Wednesday May 25, 2011. The lackluster performance comes as traders have shrugged off a disappointing report on durable goods orders.

The major averages are currently mixed on the day, with the Nasdaq just above the unchanged line. While the Nasdaq is up 1.03 points or less than a tenth of a percent at 2,747.19, the Dow is down 22.02 points or 0.2 percent at 12,333.81 and the S&P 500 is down 2.22 points or 0.2 percent at 1,314.06.

Before the start of trading, the Commerce Department released a report showing a significant drop in durable goods orders in April, although the report also showed a notable upward revision to the increase in orders that was reported for March.

The report showed that orders fell by 3.6 percent in April following an upwardly revised 4.4 percent increase in March. Economists had expected orders to drop by 3.0 percent compared to the 2.5 percent increase that had been reported for the previous month.

“Bottom line, the revisions to March did compensate for the April fall in orders and proves how volatile this data set is month to month,” said Peter Boockvar, equity strategist at Miller Tabak. “Thus, I’m not confident to make any firm conclusion with today’s April figure.”

He added, “With respect to manufacturing, the most important figure we await is next week’s ISM because of the moderating May regional manufacturing surveys we’ve seen thus far.”

Next Wednesday, the Institute for Supply Management is scheduled to release its report on national manufacturing activity in the month of May.

Among individual stocks, shares of Costco (COST) are trading lower even though the membership warehouse operator reported first quarter earnings that rose to $0.73 per share from $0.68 per share in the same quarter last year.

Costco said its revenues for the quarter rose to $20.62 billion from $17.78 billion a year ago, coming in above analyst estimates for $20.09 billion.

Meanwhile, Take-Two Interactive (TTWO) is moving to the upside after the video game publisher reported a narrower than expected fourth quarter loss but provided disappointing guidance for the first quarter and fiscal year 2012.

Sector News

Despite the lack of direction being shown by the broader markets, considerable strength has emerged among oil service stocks. The Philadelphia Oil Service Index has risen by 1.7 percent but remains stuck in a recent trading range.

Oil service giant Halliburton (HAL) is helping to lead the sector higher after Morgan Stanley upgraded its rating on the stock to Overweight from Equal-weight. Shares of Halliburton are currently up by 3 percent after reaching their best intraday level in almost a month.

The strength among oil service stocks comes even though crude for July delivery has dropped $0.30 to $99.29 a barrel ahead of the weekly oil inventories report.

On the other hand, utilities stocks have shown a notable move to the downside in morning trading, dragging the Philadelphia Utility Sector Index down by 1 percent. American Electric Power (AEP) and NextEra Energy (NEE) are posting significant losses.

Most of the other major sectors are showing only modest moves on the day, contributing to the lackluster performance by the broader markets.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports After showing a lack of direction throughout much of the previous session

VANCOUVER, BC (May 25, 2011) Clearlease Reports US stocks continue to experience choppy trading on Wednesday May 25, 2011. The lackluster performance comes as traders have shrugged off a disappointing report on durable goods orders.

The major averages are currently mixed on the day, with the Nasdaq just above the unchanged line. While the Nasdaq is up 1.03 points or less than a tenth of a percent at 2,747.19, the Dow is down 22.02 points or 0.2 percent at 12,333.81 and the S&P 500 is down 2.22 points or 0.2 percent at 1,314.06.

Before the start of trading, the Commerce Department released a report showing a significant drop in durable goods orders in April, although the report also showed a notable upward revision to the increase in orders that was reported for March.

The report showed that orders fell by 3.6 percent in April following an upwardly revised 4.4 percent increase in March. Economists had expected orders to drop by 3.0 percent compared to the 2.5 percent increase that had been reported for the previous month.

“Bottom line, the revisions to March did compensate for the April fall in orders and proves how volatile this data set is month to month,” said Peter Boockvar, equity strategist at Miller Tabak. “Thus, I’m not confident to make any firm conclusion with today’s April figure.”

He added, “With respect to manufacturing, the most important figure we await is next week’s ISM because of the moderating May regional manufacturing surveys we’ve seen thus far.”

Next Wednesday, the Institute for Supply Management is scheduled to release its report on national manufacturing activity in the month of May.

Among individual stocks, shares of Costco (COST) are trading lower even though the membership warehouse operator reported first quarter earnings that rose to $0.73 per share from $0.68 per share in the same quarter last year.

Costco said its revenues for the quarter rose to $20.62 billion from $17.78 billion a year ago, coming in above analyst estimates for $20.09 billion.

Meanwhile, Take-Two Interactive (TTWO) is moving to the upside after the video game publisher reported a narrower than expected fourth quarter loss but provided disappointing guidance for the first quarter and fiscal year 2012.

Sector News

Despite the lack of direction being shown by the broader markets, considerable strength has emerged among oil service stocks. The Philadelphia Oil Service Index has risen by 1.7 percent but remains stuck in a recent trading range.

Oil service giant Halliburton (HAL) is helping to lead the sector higher after Morgan Stanley upgraded its rating on the stock to Overweight from Equal-weight. Shares of Halliburton are currently up by 3 percent after reaching their best intraday level in almost a month.

The strength among oil service stocks comes even though crude for July delivery has dropped $0.30 to $99.29 a barrel ahead of the weekly oil inventories report.

On the other hand, utilities stocks have shown a notable move to the downside in morning trading, dragging the Philadelphia Utility Sector Index down by 1 percent. American Electric Power (AEP) and NextEra Energy (NEE) are posting significant losses.

Most of the other major sectors are showing only modest moves on the day, contributing to the lackluster performance by the broader markets.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

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

Reports AIG (NYSE:AIG) stock dips after $8.7 billion share sale

Reports AIG (NYSE:AIG) stock dips after $8.7 billion share sale

Reports AIG (NYSE:AIG) stock dips after $8.7 billion share sale

VANCOUVER, BC (May 25, 2011) Clearlease Reports Shares of American International Group (NYSE:AIG) Inc fell 2.3 percent on Wednesday May 25, 2011 after the insurer and the Treasury sold $8.7 billion worth of stock.

The shares were at $28.32 in early trade on the New York Stock Exchange.

AIG and Treasury sold 300 million shares for $29 each on Tuesday. Of the 300 million shares sold on Tuesday, Treasury sold 200 million. It cut its stake in AIG to 77 percent from 92 percent, but still has 1.5 billion shares left to sell to fully exit its investment.

Underwriters on the offering were lead by Bank of America Merrill Lynch, Deutsche Bank Securities, Goldman Sachs & Co and JPMorgan.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Reports AIG (NYSE:AIG) stock dips after $8.7 billion share sale

VANCOUVER, BC (May 25, 2011) Clearlease Reports Shares of American International Group (NYSE:AIG) Inc fell 2.3 percent on Wednesday May 25, 2011 after the insurer and the Treasury sold $8.7 billion worth of stock.

The shares were at $28.32 in early trade on the New York Stock Exchange.

AIG and Treasury sold 300 million shares for $29 each on Tuesday. Of the 300 million shares sold on Tuesday, Treasury sold 200 million. It cut its stake in AIG to 77 percent from 92 percent, but still has 1.5 billion shares left to sell to fully exit its investment.

Underwriters on the offering were lead by Bank of America Merrill Lynch, Deutsche Bank Securities, Goldman Sachs & Co and JPMorgan.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Reports AIG (NYSE:AIG) stock dips after $8.7 billion share sale

VANCOUVER, BC (May 25, 2011) Clearlease Reports Shares of American International Group (NYSE:AIG) Inc fell 2.3 percent on Wednesday May 25, 2011 after the insurer and the Treasury sold $8.7 billion worth of stock.

The shares were at $28.32 in early trade on the New York Stock Exchange.

AIG and Treasury sold 300 million shares for $29 each on Tuesday. Of the 300 million shares sold on Tuesday, Treasury sold 200 million. It cut its stake in AIG to 77 percent from 92 percent, but still has 1.5 billion shares left to sell to fully exit its investment.

Underwriters on the offering were lead by Bank of America Merrill Lynch, Deutsche Bank Securities, Goldman Sachs & Co and JPMorgan.

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

###

Video Link: http://youtu.be/f_kk7WJa7Uk

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