Dominion Lending Centres Clearlease Reports tocks have moved to the downside in early trading on Wednesday
VANCOUVER, BC – (May 11, 2011) Clearlease Reports Stocks have moved to the downside in early trading on Wednesday, giving back some ground after closing higher in each of the three previous sessions. The major averages have all slipped into the red, although selling pressure remains relatively subdued.
The early weakness in the markets is partly due to the release of a report from the Commerce Department showing that the U.S. trade deficit widened by more than expected in March.
The report showed that the trade deficit widened to $48.2 billion in March from a revised $45.4 billion in February. Economists had expected the deficit to widen to $47.7 billion from the $45.8 billion deficit originally reported for the previous month.
However, the wider deficit was largely due to a notable increase in the value of petroleum imports, which reflected the higher price of crude oil.
On the corporate front, shares of Disney (DIS) are seeing early weakness after the entertainment giant reported weaker than expected second quarter results after the close of trading on Tuesday.
Disney reported earnings for the quarter of $0.49 per share on revenues of $9.08 billion, while analysts had expected earnings of $0.56 per share on revenues of $9.13 billion.
Toyota (TM) is posting a more modest loss after the car maker reported sharply lower fourth quarter earnings, as the massive earthquake that struck Japan in mid-March disrupted production and sales.
Meanwhile, department store operator Macy’s (M) is moving notably higher after reporting stronger than expected first quarter results and raising its full-year guidance.
Oil service stocks have shown a notable move to the downside in early trading, pulling back along with the price of crude oil. With crude for June delivery falling $1.70 to $102.18 a barrel, the Philadelphia Oil Service Index is down by 1.6 percent.
Other resource stocks are also trading lower, with steel and natural gas stocks posting significant losses. Most of the other major sectors are showing only modest moves.
The major averages are currently posting modest losses, with the Nasdaq only just below the unchanged line. The Dow is down 52.07 points or 0.4 percent at 12,708.29, the Nasdaq is down 1.23 points or less than 0.1 percent at 2,870.66 and the S&P 500 is down 3.94 points or 0.3 percent at 1,353.22.
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
VANCOUVER, BC – (May 11, 2011) Clearlease Reports Stocks have moved to the downside in early trading on Wednesday, giving back some ground after closing higher in each of the three previous sessions. The major averages have all slipped into the red, although selling pressure remains relatively subdued.
The early weakness in the markets is partly due to the release of a report from the Commerce Department showing that the U.S. trade deficit widened by more than expected in March.
The report showed that the trade deficit widened to $48.2 billion in March from a revised $45.4 billion in February. Economists had expected the deficit to widen to $47.7 billion from the $45.8 billion deficit originally reported for the previous month.
However, the wider deficit was largely due to a notable increase in the value of petroleum imports, which reflected the higher price of crude oil.
On the corporate front, shares of Disney (DIS) are seeing early weakness after the entertainment giant reported weaker than expected second quarter results after the close of trading on Tuesday.
Disney reported earnings for the quarter of $0.49 per share on revenues of $9.08 billion, while analysts had expected earnings of $0.56 per share on revenues of $9.13 billion.
Toyota (TM) is posting a more modest loss after the car maker reported sharply lower fourth quarter earnings, as the massive earthquake that struck Japan in mid-March disrupted production and sales.
Meanwhile, department store operator Macy’s (M) is moving notably higher after reporting stronger than expected first quarter results and raising its full-year guidance.
Oil service stocks have shown a notable move to the downside in early trading, pulling back along with the price of crude oil. With crude for June delivery falling $1.70 to $102.18 a barrel, the Philadelphia Oil Service Index is down by 1.6 percent.
Other resource stocks are also trading lower, with steel and natural gas stocks posting significant losses. Most of the other major sectors are showing only modest moves.
The major averages are currently posting modest losses, with the Nasdaq only just below the unchanged line. The Dow is down 52.07 points or 0.4 percent at 12,708.29, the Nasdaq is down 1.23 points or less than 0.1 percent at 2,870.66 and the S&P 500 is down 3.94 points or 0.3 percent at 1,353.22.
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 tocks have moved to the downside in early trading on Wednesday
VANCOUVER, BC – (May 11, 2011) Clearlease Reports Stocks have moved to the downside in early trading on Wednesday, giving back some ground after closing higher in each of the three previous sessions. The major averages have all slipped into the red, although selling pressure remains relatively subdued.
The early weakness in the markets is partly due to the release of a report from the Commerce Department showing that the U.S. trade deficit widened by more than expected in March.
The report showed that the trade deficit widened to $48.2 billion in March from a revised $45.4 billion in February. Economists had expected the deficit to widen to $47.7 billion from the $45.8 billion deficit originally reported for the previous month.
However, the wider deficit was largely due to a notable increase in the value of petroleum imports, which reflected the higher price of crude oil.
On the corporate front, shares of Disney (DIS) are seeing early weakness after the entertainment giant reported weaker than expected second quarter results after the close of trading on Tuesday.
Disney reported earnings for the quarter of $0.49 per share on revenues of $9.08 billion, while analysts had expected earnings of $0.56 per share on revenues of $9.13 billion.
Toyota (TM) is posting a more modest loss after the car maker reported sharply lower fourth quarter earnings, as the massive earthquake that struck Japan in mid-March disrupted production and sales.
Meanwhile, department store operator Macy’s (M) is moving notably higher after reporting stronger than expected first quarter results and raising its full-year guidance.
Oil service stocks have shown a notable move to the downside in early trading, pulling back along with the price of crude oil. With crude for June delivery falling $1.70 to $102.18 a barrel, the Philadelphia Oil Service Index is down by 1.6 percent.
Other resource stocks are also trading lower, with steel and natural gas stocks posting significant losses. Most of the other major sectors are showing only modest moves.
The major averages are currently posting modest losses, with the Nasdaq only just below the unchanged line. The Dow is down 52.07 points or 0.4 percent at 12,708.29, the Nasdaq is down 1.23 points or less than 0.1 percent at 2,870.66 and the S&P 500 is down 3.94 points or 0.3 percent at 1,353.22.
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
