Dominion Lending Centres Clearlease Reports Friday the 13th Power Corp. (TSX:POW) reports profits at Power Financial (TSX:PWF) subsidiary
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Power Corp. of Canada (TSX:POW) reported Friday an increase in its quarterly profits compared with a year ago helped by an improvement at its Power Financial Corp. (TSX:PWF) subsidiary.
The conglomerate said it earned $216 million attributable to participating shareholders or 47 cents per diluted share for the quarter ended March 31 compared with $165 million or 36 cents per diluted share a year ago.
Revenue totalled $7.04 billion, down from $9.01 billion.
Power Corp. owns a controlling stake in Power Financial as well as Gesca, publisher of Montreal’s La Presse and several other French-language newspapers in Quebec and Ontario and a part owner of The Canadian Press news agency.
Power Financial holds controlling stakes in Great-West Lifeco Inc. and IGM Financial Inc.
The company also indirectly has a large stake in Pargesa Holding, which owns significant positions in several industrial companies based in Europe including Lafarge, Imerys, Total, GDF Suez, Suez Environnement and Pernod Ricard.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Power Corp. of Canada (TSX:POW) reported Friday an increase in its quarterly profits compared with a year ago helped by an improvement at its Power Financial Corp. (TSX:PWF) subsidiary.
The conglomerate said it earned $216 million attributable to participating shareholders or 47 cents per diluted share for the quarter ended March 31 compared with $165 million or 36 cents per diluted share a year ago.
Revenue totalled $7.04 billion, down from $9.01 billion.
Power Corp. owns a controlling stake in Power Financial as well as Gesca, publisher of Montreal’s La Presse and several other French-language newspapers in Quebec and Ontario and a part owner of The Canadian Press news agency.
Power Financial holds controlling stakes in Great-West Lifeco Inc. and IGM Financial Inc.
The company also indirectly has a large stake in Pargesa Holding, which owns significant positions in several industrial companies based in Europe including Lafarge, Imerys, Total, GDF Suez, Suez Environnement and Pernod Ricard.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Power Corp. (TSX:POW) reports profits at Power Financial (TSX:PWF) subsidiary
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Power Corp. of Canada (TSX:POW) reported Friday an increase in its quarterly profits compared with a year ago helped by an improvement at its Power Financial Corp. (TSX:PWF) subsidiary.
The conglomerate said it earned $216 million attributable to participating shareholders or 47 cents per diluted share for the quarter ended March 31 compared with $165 million or 36 cents per diluted share a year ago.
Revenue totalled $7.04 billion, down from $9.01 billion.
Power Corp. owns a controlling stake in Power Financial as well as Gesca, publisher of Montreal’s La Presse and several other French-language newspapers in Quebec and Ontario and a part owner of The Canadian Press news agency.
Power Financial holds controlling stakes in Great-West Lifeco Inc. and IGM Financial Inc.
The company also indirectly has a large stake in Pargesa Holding, which owns significant positions in several industrial companies based in Europe including Lafarge, Imerys, Total, GDF Suez, Suez Environnement and Pernod Ricard.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Spate of spills raises Safety questions of pipelines
VANCOUVER, BC – (May 13, 2011) Clearlease Reports An American environmentalist says a spate of recent oil spills strengthens the argument against building a controversial Alberta-to-Texas crude pipeline.
The Natural Resources Defense Council is one of many U.S. groups fighting TransCanada’s proposed Keystone XL expansion, which would carry oilsands crude to U.S. Gulf Coast refineries.
The council’s international program director, Susan Casey-Lefkowitz, says she was troubled to hear about a 500-barrel spill on the base Keystone system in North Dakota last weekend.
That line to the U.S. Midwest came into service just under a year ago, and Casey-Lefkowitz says the spill shows newer pipelines are not necessarily safe.
Recently there have also been spills from much older pipelines in northern Alberta and in the Northwest Territories.
Casey-Lefkowitz says all of those incidents should weigh into a U.S. State Department decision on whether to approve Keystone XL.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports An American environmentalist says a spate of recent oil spills strengthens the argument against building a controversial Alberta-to-Texas crude pipeline.
The Natural Resources Defense Council is one of many U.S. groups fighting TransCanada’s proposed Keystone XL expansion, which would carry oilsands crude to U.S. Gulf Coast refineries.
The council’s international program director, Susan Casey-Lefkowitz, says she was troubled to hear about a 500-barrel spill on the base Keystone system in North Dakota last weekend.
That line to the U.S. Midwest came into service just under a year ago, and Casey-Lefkowitz says the spill shows newer pipelines are not necessarily safe.
Recently there have also been spills from much older pipelines in northern Alberta and in the Northwest Territories.
Casey-Lefkowitz says all of those incidents should weigh into a U.S. State Department decision on whether to approve Keystone XL.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Spate of spills raises Safety questions of pipelines
VANCOUVER, BC – (May 13, 2011) Clearlease Reports An American environmentalist says a spate of recent oil spills strengthens the argument against building a controversial Alberta-to-Texas crude pipeline.
The Natural Resources Defense Council is one of many U.S. groups fighting TransCanada’s proposed Keystone XL expansion, which would carry oilsands crude to U.S. Gulf Coast refineries.
The council’s international program director, Susan Casey-Lefkowitz, says she was troubled to hear about a 500-barrel spill on the base Keystone system in North Dakota last weekend.
That line to the U.S. Midwest came into service just under a year ago, and Casey-Lefkowitz says the spill shows newer pipelines are not necessarily safe.
Recently there have also been spills from much older pipelines in northern Alberta and in the Northwest Territories.
Casey-Lefkowitz says all of those incidents should weigh into a U.S. State Department decision on whether to approve Keystone XL.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th TSX May Open Higher Amid Earnings, Steady Commodities
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Toronto stocks may edge up at open Friday as commodities steadied after recent fall. Also, encouraging economic growth data from the euro zone might help lift sentiment even as traders react to the latest batch of corporate earnings that came in mostly higher.
Further, value buying at lower levels, after the main index suffered notable losses in the past three sessions, likely to support stock prices.
U.S. stock futures were pointing to a higher open.
On Thursday, the S&P/TSX Composite Index extended losses for a third session, shedding 30.32 points or 0.23 percent to 13,389.42.
The price of crude oil was hovering around $100 amid a mixed dollar, with crude for June gaining $0.97 to $99.94 a barrel.
Gold for June was adding $2.30 to $1,509.10 an ounce.
In corporate news from Bay Street, stock market operator TMX Group (X.TO) reported higher first-quarter net income of C$63.1 million or C$0.84 per share compared to C$57.1 million or C$0.77 a year earlier. On an adjusted basis, earnings per share improved to C$0.97 from C$0.77 in the prior year. The company declared a dividend of C$0.40 on per share.
Gold miner Richmont Mines (RIC.TO) reported first-quarter net earnings, which include proceeds from the sale of Valentine Lake, of C$8.7 million or C$0.27 per share compared to C$1.8 million or C$0.07 per share in the first quarter last year.
Precious metals company Franco-Nevada Corp. (FNV.TO) reported first-quarter net income of $21.2 million or $0.18 per basic share, compared to $15 million or $0.13 per basic share last year. On an adjusted basis, net income increased to $21.4 million or $0.18 per share from $8.3 million or $0.07 per share last year.
Metals distribution and processing company Russel Metals (RUS.TO) announced first quarter earnings of C$33 million or C$0.55 per share, compared to C$9 million or C$0.15 per share in the prior year period. Analysts were expecting the company to report earnings of C$0.50 per share for the quarter.
Global energy services company Shawcor Ltd (SCL_A.TO, SCL_B.TO) reported that its first-quarter net income rose to C$20.5 million or C$0.29 per share from C$11.7 million or C$0.16 per share in the first quarter of the prior year.
Oil and gas explorer Advantage Oil & Gas (AAV.TO) slipped int o the red in first-quarter, reporting net loss of C$5.7 million or C$0.03 per share, compared to net income of C$33.1 million or C$0.20 per share last year.
Energy services company Secure Energy Services (SES.TO) said its first-quarter Funds From Operations rose to C$10.66 million or C$0.16 per share, from C$6.38 million or C$0.14 per share in the year ago quarter.
Commercial real estate company MI Developments (MIM_A.TO) reported that its first-quarter funds from operations declined to $23.51 or $0.50 per share, from $25.83 million or $0.55 per share in the year ago quarter.
Consulting services provider Stantec, Inc. (STN.TO) reported improved first quarter profit of C$23.8 million or C$ 0.52 compared to C$16.3 million or C$0.35 l in the year-ago quarter. Analysts were expecting the company to report earnings of C$0.53 per share for the quarter.
Gaming and entertainment company Great Canadian Gaming (GC.TO) announced that its first-quarter net earnings rose to C$5.7 million or C$0.07 per share from C$5.1 million or C$0.06 per share in the year ago quarter.
Fertilizer company Hanfeng Evergreen (HF.TO) reported that its third-quarter net income was C$8.35 million or C$0.13 per share, up from C$7.30 million or C$0.12 per share in the same quarter last year.
Renewable energy company Algonquin Power & Utilities (AQN.TO) reported first-quarter net earnings of C$5.0 million or C$0.05 per share, up from C$3.5 million or C$0.04 per share for the first quarter of 2010. Adjusted net earnings were C$4.5 million or C$0.04 per share, up from C$1.4 million or C$0.02 per share in the year ago quarter.
Wood products company Ainsworth Lumber (ANS.TO) reported a much improved first-quarter net income of C$77.7 million or C$0.77 per share, compared with C$16.4 million or C$0.16 per share a year ago.
In economic news, Canadian new motor vehicles sales rose more than expected in March due to better sales of both passenger cars and trucks. The number of new motor vehicles sold in March increased 2.0 percent to 135,261 units, according to Statistics Canada. Economists were expecting new motor vehicle sales to rise 1.5 percent, following the 0.6 percent decline witnessed in February.
From south of the border, the U.S. Labor Department said said its consumer price index rose by 0.4 percent in April, in line with what most economists had expected. The core consumer price index, which excludes food and energy prices and is considered a better benchmark for inflation, increased by a more modest 0.2 percent.
Earlier today, flash estimates from Eurostat revealed that the euro zone economy expanded 0.8 percent sequentially in the first quarter 2011. The growth rate accelerated from the 0.3 percent increase seen in the fourth quarter and also exceeded the consensus estimates of 0.6 percent growth.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Toronto stocks may edge up at open Friday as commodities steadied after recent fall. Also, encouraging economic growth data from the euro zone might help lift sentiment even as traders react to the latest batch of corporate earnings that came in mostly higher.
Further, value buying at lower levels, after the main index suffered notable losses in the past three sessions, likely to support stock prices.
U.S. stock futures were pointing to a higher open.
On Thursday, the S&P/TSX Composite Index extended losses for a third session, shedding 30.32 points or 0.23 percent to 13,389.42.
The price of crude oil was hovering around $100 amid a mixed dollar, with crude for June gaining $0.97 to $99.94 a barrel.
Gold for June was adding $2.30 to $1,509.10 an ounce.
In corporate news from Bay Street, stock market operator TMX Group (X.TO) reported higher first-quarter net income of C$63.1 million or C$0.84 per share compared to C$57.1 million or C$0.77 a year earlier. On an adjusted basis, earnings per share improved to C$0.97 from C$0.77 in the prior year. The company declared a dividend of C$0.40 on per share.
Gold miner Richmont Mines (RIC.TO) reported first-quarter net earnings, which include proceeds from the sale of Valentine Lake, of C$8.7 million or C$0.27 per share compared to C$1.8 million or C$0.07 per share in the first quarter last year.
Precious metals company Franco-Nevada Corp. (FNV.TO) reported first-quarter net income of $21.2 million or $0.18 per basic share, compared to $15 million or $0.13 per basic share last year. On an adjusted basis, net income increased to $21.4 million or $0.18 per share from $8.3 million or $0.07 per share last year.
Metals distribution and processing company Russel Metals (RUS.TO) announced first quarter earnings of C$33 million or C$0.55 per share, compared to C$9 million or C$0.15 per share in the prior year period. Analysts were expecting the company to report earnings of C$0.50 per share for the quarter.
Global energy services company Shawcor Ltd (SCL_A.TO, SCL_B.TO) reported that its first-quarter net income rose to C$20.5 million or C$0.29 per share from C$11.7 million or C$0.16 per share in the first quarter of the prior year.
Oil and gas explorer Advantage Oil & Gas (AAV.TO) slipped int o the red in first-quarter, reporting net loss of C$5.7 million or C$0.03 per share, compared to net income of C$33.1 million or C$0.20 per share last year.
Energy services company Secure Energy Services (SES.TO) said its first-quarter Funds From Operations rose to C$10.66 million or C$0.16 per share, from C$6.38 million or C$0.14 per share in the year ago quarter.
Commercial real estate company MI Developments (MIM_A.TO) reported that its first-quarter funds from operations declined to $23.51 or $0.50 per share, from $25.83 million or $0.55 per share in the year ago quarter.
Consulting services provider Stantec, Inc. (STN.TO) reported improved first quarter profit of C$23.8 million or C$ 0.52 compared to C$16.3 million or C$0.35 l in the year-ago quarter. Analysts were expecting the company to report earnings of C$0.53 per share for the quarter.
Gaming and entertainment company Great Canadian Gaming (GC.TO) announced that its first-quarter net earnings rose to C$5.7 million or C$0.07 per share from C$5.1 million or C$0.06 per share in the year ago quarter.
Fertilizer company Hanfeng Evergreen (HF.TO) reported that its third-quarter net income was C$8.35 million or C$0.13 per share, up from C$7.30 million or C$0.12 per share in the same quarter last year.
Renewable energy company Algonquin Power & Utilities (AQN.TO) reported first-quarter net earnings of C$5.0 million or C$0.05 per share, up from C$3.5 million or C$0.04 per share for the first quarter of 2010. Adjusted net earnings were C$4.5 million or C$0.04 per share, up from C$1.4 million or C$0.02 per share in the year ago quarter.
Wood products company Ainsworth Lumber (ANS.TO) reported a much improved first-quarter net income of C$77.7 million or C$0.77 per share, compared with C$16.4 million or C$0.16 per share a year ago.
In economic news, Canadian new motor vehicles sales rose more than expected in March due to better sales of both passenger cars and trucks. The number of new motor vehicles sold in March increased 2.0 percent to 135,261 units, according to Statistics Canada. Economists were expecting new motor vehicle sales to rise 1.5 percent, following the 0.6 percent decline witnessed in February.
From south of the border, the U.S. Labor Department said said its consumer price index rose by 0.4 percent in April, in line with what most economists had expected. The core consumer price index, which excludes food and energy prices and is considered a better benchmark for inflation, increased by a more modest 0.2 percent.
Earlier today, flash estimates from Eurostat revealed that the euro zone economy expanded 0.8 percent sequentially in the first quarter 2011. The growth rate accelerated from the 0.3 percent increase seen in the fourth quarter and also exceeded the consensus estimates of 0.6 percent growth.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th TSX May Open Higher Amid Earnings, Steady Commodities
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Toronto stocks may edge up at open Friday as commodities steadied after recent fall. Also, encouraging economic growth data from the euro zone might help lift sentiment even as traders react to the latest batch of corporate earnings that came in mostly higher.
Further, value buying at lower levels, after the main index suffered notable losses in the past three sessions, likely to support stock prices.
U.S. stock futures were pointing to a higher open.
On Thursday, the S&P/TSX Composite Index extended losses for a third session, shedding 30.32 points or 0.23 percent to 13,389.42.
The price of crude oil was hovering around $100 amid a mixed dollar, with crude for June gaining $0.97 to $99.94 a barrel.
Gold for June was adding $2.30 to $1,509.10 an ounce.
In corporate news from Bay Street, stock market operator TMX Group (X.TO) reported higher first-quarter net income of C$63.1 million or C$0.84 per share compared to C$57.1 million or C$0.77 a year earlier. On an adjusted basis, earnings per share improved to C$0.97 from C$0.77 in the prior year. The company declared a dividend of C$0.40 on per share.
Gold miner Richmont Mines (RIC.TO) reported first-quarter net earnings, which include proceeds from the sale of Valentine Lake, of C$8.7 million or C$0.27 per share compared to C$1.8 million or C$0.07 per share in the first quarter last year.
Precious metals company Franco-Nevada Corp. (FNV.TO) reported first-quarter net income of $21.2 million or $0.18 per basic share, compared to $15 million or $0.13 per basic share last year. On an adjusted basis, net income increased to $21.4 million or $0.18 per share from $8.3 million or $0.07 per share last year.
Metals distribution and processing company Russel Metals (RUS.TO) announced first quarter earnings of C$33 million or C$0.55 per share, compared to C$9 million or C$0.15 per share in the prior year period. Analysts were expecting the company to report earnings of C$0.50 per share for the quarter.
Global energy services company Shawcor Ltd (SCL_A.TO, SCL_B.TO) reported that its first-quarter net income rose to C$20.5 million or C$0.29 per share from C$11.7 million or C$0.16 per share in the first quarter of the prior year.
Oil and gas explorer Advantage Oil & Gas (AAV.TO) slipped int o the red in first-quarter, reporting net loss of C$5.7 million or C$0.03 per share, compared to net income of C$33.1 million or C$0.20 per share last year.
Energy services company Secure Energy Services (SES.TO) said its first-quarter Funds From Operations rose to C$10.66 million or C$0.16 per share, from C$6.38 million or C$0.14 per share in the year ago quarter.
Commercial real estate company MI Developments (MIM_A.TO) reported that its first-quarter funds from operations declined to $23.51 or $0.50 per share, from $25.83 million or $0.55 per share in the year ago quarter.
Consulting services provider Stantec, Inc. (STN.TO) reported improved first quarter profit of C$23.8 million or C$ 0.52 compared to C$16.3 million or C$0.35 l in the year-ago quarter. Analysts were expecting the company to report earnings of C$0.53 per share for the quarter.
Gaming and entertainment company Great Canadian Gaming (GC.TO) announced that its first-quarter net earnings rose to C$5.7 million or C$0.07 per share from C$5.1 million or C$0.06 per share in the year ago quarter.
Fertilizer company Hanfeng Evergreen (HF.TO) reported that its third-quarter net income was C$8.35 million or C$0.13 per share, up from C$7.30 million or C$0.12 per share in the same quarter last year.
Renewable energy company Algonquin Power & Utilities (AQN.TO) reported first-quarter net earnings of C$5.0 million or C$0.05 per share, up from C$3.5 million or C$0.04 per share for the first quarter of 2010. Adjusted net earnings were C$4.5 million or C$0.04 per share, up from C$1.4 million or C$0.02 per share in the year ago quarter.
Wood products company Ainsworth Lumber (ANS.TO) reported a much improved first-quarter net income of C$77.7 million or C$0.77 per share, compared with C$16.4 million or C$0.16 per share a year ago.
In economic news, Canadian new motor vehicles sales rose more than expected in March due to better sales of both passenger cars and trucks. The number of new motor vehicles sold in March increased 2.0 percent to 135,261 units, according to Statistics Canada. Economists were expecting new motor vehicle sales to rise 1.5 percent, following the 0.6 percent decline witnessed in February.
From south of the border, the U.S. Labor Department said said its consumer price index rose by 0.4 percent in April, in line with what most economists had expected. The core consumer price index, which excludes food and energy prices and is considered a better benchmark for inflation, increased by a more modest 0.2 percent.
Earlier today, flash estimates from Eurostat revealed that the euro zone economy expanded 0.8 percent sequentially in the first quarter 2011. The growth rate accelerated from the 0.3 percent increase seen in the fourth quarter and also exceeded the consensus estimates of 0.6 percent growth.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th BMO Capital Markets (TSX:BMO) grows bond business
VANCOUVER, BC – (May 13, 2011) Clearlease Reports BMO Capital Markets, the investment and corporate banking arm of the Bank of Montreal (TSX:BMO), is expanding its global bond business, adding additional staff and new offices in parts of the United States.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports BMO Capital Markets, the investment and corporate banking arm of the Bank of Montreal (TSX:BMO), is expanding its global bond business, adding additional staff and new offices in parts of the United States.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th BMO Capital Markets (TSX:BMO) grows bond business
VANCOUVER, BC – (May 13, 2011) Clearlease Reports BMO Capital Markets, the investment and corporate banking arm of the Bank of Montreal (TSX:BMO), is expanding its global bond business, adding additional staff and new offices in parts of the United States.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Buhler Industries (TSX:BUI), a Winnipeg-based maker of farm equipment, reports its net profits for the second quarter fell to about $0.4 million or two cents a share from $0.7 million or three cents in the previous year. Revenue for the quarter ended March 31 jumped 31 per cent to $70.5 million from $53.8 million.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Buhler Industries (TSX:BUI), a Winnipeg-based maker of farm equipment, reports its net profits for the second quarter fell to about $0.4 million or two cents a share from $0.7 million or three cents in the previous year. Revenue for the quarter ended March 31 jumped 31 per cent to $70.5 million from $53.8 million.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Buhler Industries (TSX:BUI), a Winnipeg-based maker of farm equipment, reports its net profits for the second quarter fell to about $0.4 million or two cents a share from $0.7 million or three cents in the previous year. Revenue for the quarter ended March 31 jumped 31 per cent to $70.5 million from $53.8 million.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th TVI Pacific (TSX:TVI) Q1 earnings and revenue down
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Mining company TVI Pacific Inc. (TSX:TVI) reports first-quarter net earnings of $238,000 compared with $1.2 million in the same 2010 quarter. Both amounts were less than a penny per share. Gross revenue was $11.3 million, down from $19.2 million.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Mining company TVI Pacific Inc. (TSX:TVI) reports first-quarter net earnings of $238,000 compared with $1.2 million in the same 2010 quarter. Both amounts were less than a penny per share. Gross revenue was $11.3 million, down from $19.2 million.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th TVI Pacific (TSX:TVI) Q1 earnings and revenue down
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Mining company TVI Pacific Inc. (TSX:TVI) reports first-quarter net earnings of $238,000 compared with $1.2 million in the same 2010 quarter. Both amounts were less than a penny per share. Gross revenue was $11.3 million, down from $19.2 million.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Americans paid more for food and gas in April
VANCOUVER, BC – (May 13, 2011) Clearlease Reports U.S. consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease.
The Consumer Price Index increased 0.4 per cent in April, the Labor Department said. In the past 12 months, prices have risen 3.2 per cent. That’s the biggest 12-month gain since October 2008.
Excluding volatile food and energy, prices ticked up 0.2 per cent and have risen only 1.3 per cent this year. That’s double the gain posted six months ago, but still below the level the Federal Reserve considers a healthy pace of inflation.
The cost of new and used cars, clothing, and medical care all increased, pushing up the core index. Car prices likely increased because of temporary parts shortages caused by the March 11 earthquake and tsunami in Japan. Most other prices were subdued.
Oil prices have fallen from their peak of $114 a barrel earlier this month to about $100 Friday. The prices of corn and other grains have also declined in recent days
Economists say gas and food prices should retreat later this year. High prices are likely slowing the economy in the April-June quarter, but growth should pick up in the second half of this year, they say.
“With commodity prices now dropping back, it looks like inflation is close to peaking,” said Paul Ashworth, chief U.S. economist for Capital Economics, who expects year-over-year inflation should climb to 3.5 per cent before dropping in the second half of the year.
Cary Leahey, an economist at Decision Economics, said yearly inflation figures should start to decline in the next several months, although core prices should continue to rise. The Federal Reserve won’t need to start raising interest rates until next year to keep inflation in check, he said.
Gas prices rose 3.3 per cent in April. That accounts for half last month’s increase. They have soared more than 33 per cent in the past year. Demand in fast-growing developing countries and political turmoil in the Middle East have caused oil prices to rise. Prices at the pump have since levelled off near $4, up $1.09 from last year.
Food prices increased 0.4 per cent last month. That’s half the previous month’s increase, which was the largest in nearly three years. The price of fresh vegetables fell. Dairy, meat, fish and eggs all rose.
Federal Reserve Chairman Ben Bernanke has said that the impact of higher food and gas prices should be temporary. The central bank has also said it is watching closely for any signs of inflation. Seven months ago, when the core index had risen only 0.6 per cent in a year, the Fed was more concerned about falling prices. The October reading was the smallest increase since the index began in 1957.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports U.S. consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease.
The Consumer Price Index increased 0.4 per cent in April, the Labor Department said. In the past 12 months, prices have risen 3.2 per cent. That’s the biggest 12-month gain since October 2008.
Excluding volatile food and energy, prices ticked up 0.2 per cent and have risen only 1.3 per cent this year. That’s double the gain posted six months ago, but still below the level the Federal Reserve considers a healthy pace of inflation.
The cost of new and used cars, clothing, and medical care all increased, pushing up the core index. Car prices likely increased because of temporary parts shortages caused by the March 11 earthquake and tsunami in Japan. Most other prices were subdued.
Oil prices have fallen from their peak of $114 a barrel earlier this month to about $100 Friday. The prices of corn and other grains have also declined in recent days
Economists say gas and food prices should retreat later this year. High prices are likely slowing the economy in the April-June quarter, but growth should pick up in the second half of this year, they say.
“With commodity prices now dropping back, it looks like inflation is close to peaking,” said Paul Ashworth, chief U.S. economist for Capital Economics, who expects year-over-year inflation should climb to 3.5 per cent before dropping in the second half of the year.
Cary Leahey, an economist at Decision Economics, said yearly inflation figures should start to decline in the next several months, although core prices should continue to rise. The Federal Reserve won’t need to start raising interest rates until next year to keep inflation in check, he said.
Gas prices rose 3.3 per cent in April. That accounts for half last month’s increase. They have soared more than 33 per cent in the past year. Demand in fast-growing developing countries and political turmoil in the Middle East have caused oil prices to rise. Prices at the pump have since levelled off near $4, up $1.09 from last year.
Food prices increased 0.4 per cent last month. That’s half the previous month’s increase, which was the largest in nearly three years. The price of fresh vegetables fell. Dairy, meat, fish and eggs all rose.
Federal Reserve Chairman Ben Bernanke has said that the impact of higher food and gas prices should be temporary. The central bank has also said it is watching closely for any signs of inflation. Seven months ago, when the core index had risen only 0.6 per cent in a year, the Fed was more concerned about falling prices. The October reading was the smallest increase since the index began in 1957.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Americans paid more for food and gas in April
VANCOUVER, BC – (May 13, 2011) Clearlease Reports U.S. consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease.
The Consumer Price Index increased 0.4 per cent in April, the Labor Department said. In the past 12 months, prices have risen 3.2 per cent. That’s the biggest 12-month gain since October 2008.
Excluding volatile food and energy, prices ticked up 0.2 per cent and have risen only 1.3 per cent this year. That’s double the gain posted six months ago, but still below the level the Federal Reserve considers a healthy pace of inflation.
The cost of new and used cars, clothing, and medical care all increased, pushing up the core index. Car prices likely increased because of temporary parts shortages caused by the March 11 earthquake and tsunami in Japan. Most other prices were subdued.
Oil prices have fallen from their peak of $114 a barrel earlier this month to about $100 Friday. The prices of corn and other grains have also declined in recent days
Economists say gas and food prices should retreat later this year. High prices are likely slowing the economy in the April-June quarter, but growth should pick up in the second half of this year, they say.
“With commodity prices now dropping back, it looks like inflation is close to peaking,” said Paul Ashworth, chief U.S. economist for Capital Economics, who expects year-over-year inflation should climb to 3.5 per cent before dropping in the second half of the year.
Cary Leahey, an economist at Decision Economics, said yearly inflation figures should start to decline in the next several months, although core prices should continue to rise. The Federal Reserve won’t need to start raising interest rates until next year to keep inflation in check, he said.
Gas prices rose 3.3 per cent in April. That accounts for half last month’s increase. They have soared more than 33 per cent in the past year. Demand in fast-growing developing countries and political turmoil in the Middle East have caused oil prices to rise. Prices at the pump have since levelled off near $4, up $1.09 from last year.
Food prices increased 0.4 per cent last month. That’s half the previous month’s increase, which was the largest in nearly three years. The price of fresh vegetables fell. Dairy, meat, fish and eggs all rose.
Federal Reserve Chairman Ben Bernanke has said that the impact of higher food and gas prices should be temporary. The central bank has also said it is watching closely for any signs of inflation. Seven months ago, when the core index had risen only 0.6 per cent in a year, the Fed was more concerned about falling prices. The October reading was the smallest increase since the index began in 1957.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th C.A. Bancorp (TSX:BKP) sells stake in finance company to Green Tree for $6.4M
VANCOUVER, BC – (May 13, 2011) Clearlease Reports C.A. Bancorp Inc. (TSX:BKP), a Toronto-based merchant bank, says it has sold its interests in C.A. Bancorp Canadian Realty Finance Corp. to Green Tree Capital Management Corp. for $6.4 million.
The transaction Friday is part of a broader move by C.A. Bancorp to sell off assets and distribute money to its shareholders.
The merchant bank had owned 32 per cent of C.A. Bancorp Canadian Realty Finace, a mutual fund firm that invests in mortgages.
Now that it has been sold, Realty Finance said it will change its name to NorRock Realty Finance Corp.
Under the deal, Green Tree will pay $4.1 million in cash, issue a $1 million promissory note and assume a $1.3 million debt.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports C.A. Bancorp Inc. (TSX:BKP), a Toronto-based merchant bank, says it has sold its interests in C.A. Bancorp Canadian Realty Finance Corp. to Green Tree Capital Management Corp. for $6.4 million.
The transaction Friday is part of a broader move by C.A. Bancorp to sell off assets and distribute money to its shareholders.
The merchant bank had owned 32 per cent of C.A. Bancorp Canadian Realty Finace, a mutual fund firm that invests in mortgages.
Now that it has been sold, Realty Finance said it will change its name to NorRock Realty Finance Corp.
Under the deal, Green Tree will pay $4.1 million in cash, issue a $1 million promissory note and assume a $1.3 million debt.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th C.A. Bancorp (TSX:BKP) sells stake in finance company to Green Tree for $6.4M
VANCOUVER, BC – (May 13, 2011) Clearlease Reports C.A. Bancorp Inc. (TSX:BKP), a Toronto-based merchant bank, says it has sold its interests in C.A. Bancorp Canadian Realty Finance Corp. to Green Tree Capital Management Corp. for $6.4 million.
The transaction Friday is part of a broader move by C.A. Bancorp to sell off assets and distribute money to its shareholders.
The merchant bank had owned 32 per cent of C.A. Bancorp Canadian Realty Finace, a mutual fund firm that invests in mortgages.
Now that it has been sold, Realty Finance said it will change its name to NorRock Realty Finance Corp.
Under the deal, Green Tree will pay $4.1 million in cash, issue a $1 million promissory note and assume a $1.3 million debt.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Yum (NYSE: YUM ) offers to buy most of remaining stake in Little Sheep
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Fast-food restaurant owner Yum Brands (NYSE: YUM ) offered to buy most of the remaining shares of Chinese hot pot chain Little Sheep Friday May 13th, 2011.
Restaurant growth overseas, particularly in China, has been a key driver for Yum’s profit growth.
The Louisville, Kentucky-based operator of the Taco Bell and KFC chains is offering 6.50 Hong Kong dollars (83 cents) per share to boost its stake in Little Sheep Group Ltd. That is a 32 per cent premium to Thursday’s closing price of 4.93 Hong Kong dollars on the Hong Kong exchange.
The offer values all of Little Sheep at about 6.7 billion Hong Kong dollars ($863.5 million).
The deal would increase Yum’s ownership of Little Sheep to 93.2 per cent from 27.2 per cent with company founders owning the remaining 6.8 per cent stake.
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.
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Fast-food restaurant owner Yum Brands (NYSE: YUM ) offered to buy most of the remaining shares of Chinese hot pot chain Little Sheep Friday May 13th, 2011.
Restaurant growth overseas, particularly in China, has been a key driver for Yum’s profit growth.
The Louisville, Kentucky-based operator of the Taco Bell and KFC chains is offering 6.50 Hong Kong dollars (83 cents) per share to boost its stake in Little Sheep Group Ltd. That is a 32 per cent premium to Thursday’s closing price of 4.93 Hong Kong dollars on the Hong Kong exchange.
The offer values all of Little Sheep at about 6.7 billion Hong Kong dollars ($863.5 million).
The deal would increase Yum’s ownership of Little Sheep to 93.2 per cent from 27.2 per cent with company founders owning the remaining 6.8 per cent stake.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Yum (NYSE: YUM ) offers to buy most of remaining stake in Little Sheep
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Fast-food restaurant owner Yum Brands (NYSE: YUM ) offered to buy most of the remaining shares of Chinese hot pot chain Little Sheep Friday May 13th, 2011.
Restaurant growth overseas, particularly in China, has been a key driver for Yum’s profit growth.
The Louisville, Kentucky-based operator of the Taco Bell and KFC chains is offering 6.50 Hong Kong dollars (83 cents) per share to boost its stake in Little Sheep Group Ltd. That is a 32 per cent premium to Thursday’s closing price of 4.93 Hong Kong dollars on the Hong Kong exchange.
The offer values all of Little Sheep at about 6.7 billion Hong Kong dollars ($863.5 million).
The deal would increase Yum’s ownership of Little Sheep to 93.2 per cent from 27.2 per cent with company founders owning the remaining 6.8 per cent stake.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Chrysler moves up summer shutdowns at 3 factories to June from July
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Chrysler is moving its normal summer shutdowns at three factories into June from the usual July closings because of parts shortages from the earthquake in Japan.
The company says its pickup truck plant in Warren, Michigan, and its Toledo, Ohio, North assembly plant will be idled the weeks of June 20 and 27. Both plants had been scheduled to close the weeks of July 11 and 18.
In addition, a Toledo parts operation will close the week of June 20 instead of July 11.
The company says its other plants will have their normal summer shutdowns in July and August.
Nearly all automakers have lost production due to parts shortages from the March 11 earthquake and tsunami that hit northern Japan. The quake damaged parts supply plants or knocked out electricity.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Chrysler moves up summer shutdowns at 3 factories to June from July
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Chrysler is moving its normal summer shutdowns at three factories into June from the usual July closings because of parts shortages from the earthquake in Japan.
The company says its pickup truck plant in Warren, Michigan, and its Toledo, Ohio, North assembly plant will be idled the weeks of June 20 and 27. Both plants had been scheduled to close the weeks of July 11 and 18.
In addition, a Toledo parts operation will close the week of June 20 instead of July 11.
The company says its other plants will have their normal summer shutdowns in July and August.
Nearly all automakers have lost production due to parts shortages from the March 11 earthquake and tsunami that hit northern Japan. The quake damaged parts supply plants or knocked out electricity.
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.
Dominion Lending Centres Clearlease Reports Friday the 13th Chrysler moves up summer shutdowns at 3 factories to June from July
VANCOUVER, BC – (May 13, 2011) Clearlease Reports Chrysler is moving its normal summer shutdowns at three factories into June from the usual July closings because of parts shortages from the earthquake in Japan.
The company says its pickup truck plant in Warren, Michigan, and its Toledo, Ohio, North assembly plant will be idled the weeks of June 20 and 27. Both plants had been scheduled to close the weeks of July 11 and 18.
In addition, a Toledo parts operation will close the week of June 20 instead of July 11.
The company says its other plants will have their normal summer shutdowns in July and August.
Nearly all automakers have lost production due to parts shortages from the March 11 earthquake and tsunami that hit northern Japan. The quake damaged parts supply plants or knocked out electricity.
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.
