Dominion Lending Centres Clearlease Reports Oil rebounds from last week's 15 per cent plunge as U.S. dollar weakens

Dominion Lending Centres Clearlease Reports Oil rebounds from last week’s 15 per cent plunge as U.S. dollar weakens

Dominion Lending Centres Clearlease Reports Oil rebounds from last week’s 15 per cent plunge as U.S. dollar weakens

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Investors are buying oil again Monday after last week’s plunge, pushing prices up over two per cent Monday to more than US$99 a barrel.

Last week oil fell 15 per cent, its steepest drop in two and a half years, in part because the U.S. dollar strengthened. This makes oil more expensive for those with other currencies.

Monday the dollar weakened slightly against the euro as investor were less fearful that Greece would leave the Eurozone and further weaken the euro.

That sent investors back to oil. In morning trading on the New York Mercantile Exchange, benchmark crude for June delivery was up $2.06, or 2.1 per cent, at US$99.24 a barrel.

“The sea change last week was the increase in the value of the dollar and the decrease of the euro,” said Phil Flynn, analyst at PFG Best in Chicago. “What’s driving us back and forth today is the negotiations on Greece.”

Analysts say financial news from Greece and Europe will likely keep currency markets volatile. Oil and other commodities priced in dollars will follow.

When the dollar falls, investors tend to buy commodities hoping they will gain value as the dollar weakens. When the dollar rises, investors tend to sell commodities.

Last week the European Central Bank signalled that the bank might not raise interest rates in June as investors had expected, leading to a sell-off in the euro. Then, Friday, a magazine report suggested Greece might abandon the euro.

But European Union officials suggested they may provide Greece more help, easing investor fears and leading to a rebound in the value of the euro. This was despite a downgrade of Greece’s debt further into junk status Monday by the rating agency Standard & Poor’s.

Analysts say last week’s plunge in oil and other commodities may only provide short-term relief from high prices.

The recovering U.S. economy and the growing economies of Asia will increase demand for energy and raw materials in the coming years.

“The fundamental backdrop in the market remains entirely unaltered, with global oil demand still showing continued strength,” Barclays Capital said in a report. “The general (oil price) trend from here should be higher, rather than lower.”

In London, Brent crude for June delivery was up $2.83, or 2.6 per cent, at US$111.96 a barrel on the ICE Futures exchange.

In other Nymex trading in June contracts, heating oil rose 7.2 cents to US$2.9182 a U.S. gallon (3.78 litres) and wholesale gasoline added 12.44 cents to US$3.2145 a gallon. Natural gas futures fell 0.3 cent at US$4.294 per 1,000 cubic feet.

(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)

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 Oil rebounds from last week's 15 per cent plunge as U.S. dollar weakens

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Investors are buying oil again Monday after last week’s plunge, pushing prices up over two per cent Monday to more than US$99 a barrel.

Last week oil fell 15 per cent, its steepest drop in two and a half years, in part because the U.S. dollar strengthened. This makes oil more expensive for those with other currencies.

Monday the dollar weakened slightly against the euro as investor were less fearful that Greece would leave the Eurozone and further weaken the euro.

That sent investors back to oil. In morning trading on the New York Mercantile Exchange, benchmark crude for June delivery was up $2.06, or 2.1 per cent, at US$99.24 a barrel.

“The sea change last week was the increase in the value of the dollar and the decrease of the euro,” said Phil Flynn, analyst at PFG Best in Chicago. “What’s driving us back and forth today is the negotiations on Greece.”

Analysts say financial news from Greece and Europe will likely keep currency markets volatile. Oil and other commodities priced in dollars will follow.

When the dollar falls, investors tend to buy commodities hoping they will gain value as the dollar weakens. When the dollar rises, investors tend to sell commodities.

Last week the European Central Bank signalled that the bank might not raise interest rates in June as investors had expected, leading to a sell-off in the euro. Then, Friday, a magazine report suggested Greece might abandon the euro.

But European Union officials suggested they may provide Greece more help, easing investor fears and leading to a rebound in the value of the euro. This was despite a downgrade of Greece’s debt further into junk status Monday by the rating agency Standard & Poor’s.

Analysts say last week’s plunge in oil and other commodities may only provide short-term relief from high prices.

The recovering U.S. economy and the growing economies of Asia will increase demand for energy and raw materials in the coming years.

“The fundamental backdrop in the market remains entirely unaltered, with global oil demand still showing continued strength,” Barclays Capital said in a report. “The general (oil price) trend from here should be higher, rather than lower.”

In London, Brent crude for June delivery was up $2.83, or 2.6 per cent, at US$111.96 a barrel on the ICE Futures exchange.

In other Nymex trading in June contracts, heating oil rose 7.2 cents to US$2.9182 a U.S. gallon (3.78 litres) and wholesale gasoline added 12.44 cents to US$3.2145 a gallon. Natural gas futures fell 0.3 cent at US$4.294 per 1,000 cubic feet.

(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)

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 Oil rebounds from last week’s 15 per cent plunge as U.S. dollar weakens

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Investors are buying oil again Monday after last week’s plunge, pushing prices up over two per cent Monday to more than US$99 a barrel.

Last week oil fell 15 per cent, its steepest drop in two and a half years, in part because the U.S. dollar strengthened. This makes oil more expensive for those with other currencies.

Monday the dollar weakened slightly against the euro as investor were less fearful that Greece would leave the Eurozone and further weaken the euro.

That sent investors back to oil. In morning trading on the New York Mercantile Exchange, benchmark crude for June delivery was up $2.06, or 2.1 per cent, at US$99.24 a barrel.

“The sea change last week was the increase in the value of the dollar and the decrease of the euro,” said Phil Flynn, analyst at PFG Best in Chicago. “What’s driving us back and forth today is the negotiations on Greece.”

Analysts say financial news from Greece and Europe will likely keep currency markets volatile. Oil and other commodities priced in dollars will follow.

When the dollar falls, investors tend to buy commodities hoping they will gain value as the dollar weakens. When the dollar rises, investors tend to sell commodities.

Last week the European Central Bank signalled that the bank might not raise interest rates in June as investors had expected, leading to a sell-off in the euro. Then, Friday, a magazine report suggested Greece might abandon the euro.

But European Union officials suggested they may provide Greece more help, easing investor fears and leading to a rebound in the value of the euro. This was despite a downgrade of Greece’s debt further into junk status Monday by the rating agency Standard & Poor’s.

Analysts say last week’s plunge in oil and other commodities may only provide short-term relief from high prices.

The recovering U.S. economy and the growing economies of Asia will increase demand for energy and raw materials in the coming years.

“The fundamental backdrop in the market remains entirely unaltered, with global oil demand still showing continued strength,” Barclays Capital said in a report. “The general (oil price) trend from here should be higher, rather than lower.”

In London, Brent crude for June delivery was up $2.83, or 2.6 per cent, at US$111.96 a barrel on the ICE Futures exchange.

In other Nymex trading in June contracts, heating oil rose 7.2 cents to US$2.9182 a U.S. gallon (3.78 litres) and wholesale gasoline added 12.44 cents to US$3.2145 a gallon. Natural gas futures fell 0.3 cent at US$4.294 per 1,000 cubic feet.

(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)

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 Canadian Tire (TSX:CTC) aims for acquisition of Forzani (TSX:FGL) for $771M

Dominion Lending Centres Clearlease Reports Canadian Tire (TSX:CTC) aims for acquisition of Forzani (TSX:FGL) for $771M

Dominion Lending Centres Clearlease Reports Canadian Tire (TSX:CTC) aims for acquisition of Forzani (TSX:FGL) for $771M

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Canadian Tire, where legions of wanna-be hockey stars have gone for their first stick or pair of skates, is embarking on a massive expansion of its sporting goods reach with the $771-million acquisition of Forzani Group Ltd.’s 500 stores, Monday May 9, 2011.

By buying Forzani, whose banners include Sport Chek and Athletes World, the automotive and outdoor goods retailer said Monday it hopes to secure Canadian sports enthusiasts of many stripes as lifelong customers.

“Parents buy kids their first bike at Canadian Tire… but as kids get older their tastes change,” Canadian Tire president and CEO Stephen Wetmore said on a conference call.

“Not only do they want more expensive bikes, they want all the apparel and gear that goes along with their cycling activities. That’s where Forzani comes into play.”

The acquisition will give the company a presence in markets where it doesn’t have much of a stronghold — particularly the much-coveted 18 to 35 year old demographic that often prefers storefronts in shopping malls over big-box stores.

“By acquiring Forzani we gain access to a new set of customers — people at a point in their lives that typically don’t shop our stores extensively today for sporting goods,” Wetmore said.

The all-cash deal will give Canadian Tire (TSX:CTC) ownership of Canada’s largest national sporting goods retailer, which operates 500 stores ranging from general sports retail spots to more tightly focused brands like Nevada Bob’s Golf and Hockey Experts.

The transaction is valued at $26.50 per share, which is a 50 per cent premium on the closing price of Forzani’s stock on Friday. Forzani stock rose quickly in early trading on the Toronto Stock Exchange, jumping $8.62 or 49 per cent to $26.23 — close to the bidding price and a signal investors are confident the deal will go through.

Canadian Tire said the purchase will be completed using $500 million in cash and short-term financing, and has been unanimously approved by Forzani’s board. The company expects the transaction to close in the third quarter.

Canadian Tire already owns about four per cent of the shares of Forzani Group, which is based in Calgary. Together, the merged companies will have about 1,000 retail locations covering a wide array of products from gardening tools, to golf tees to winter tires.

Forzani has been weighing the options for consolidating some of its brands, and Wetmore said that while no final decisions have been made, Canadian Tire supports the move.

The acquisition of Forzani (TSX:FGL) comes about a year after Canadian Tire announced it was refocusing on its core automotive and retail businesses instead of other divisions like financial services and clothing sales at Mark’s.

The retailer began a major overhaul both in its executive suite and as a result of a decision to shift its separate units under one corporate umbrella to eliminate duplication and bloated costs.

“All the work we undertook last year to create enterprise-wide shared services (will) allow us to manage Forzani into the enterprise much more easily and efficiently,” Wetmore said.

Canadian Tire expects synergies in its supply chain, marketing and international suppliers will help save the company $25 million in expenses annually by 2012, with savings increasing to $35 million by 2014. Wetmore said the ultimate goal is to keep customers shopping at its stores throughout their lives.

Canadian Tire is an official sponsor of the NHL, and has participated in other key sponsorship agreements such as the NASCAR Canadian Tire Series and the 2010 Vancouver Olympics. The company employs more than 58,000 people with 485 stores across the country.

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 Canadian Tire (TSX:CTC) aims for acquisition of Forzani (TSX:FGL) for $771M

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Canadian Tire, where legions of wanna-be hockey stars have gone for their first stick or pair of skates, is embarking on a massive expansion of its sporting goods reach with the $771-million acquisition of Forzani Group Ltd.’s 500 stores, Monday May 9, 2011.

By buying Forzani, whose banners include Sport Chek and Athletes World, the automotive and outdoor goods retailer said Monday it hopes to secure Canadian sports enthusiasts of many stripes as lifelong customers.

“Parents buy kids their first bike at Canadian Tire… but as kids get older their tastes change,” Canadian Tire president and CEO Stephen Wetmore said on a conference call.

“Not only do they want more expensive bikes, they want all the apparel and gear that goes along with their cycling activities. That’s where Forzani comes into play.”

The acquisition will give the company a presence in markets where it doesn’t have much of a stronghold — particularly the much-coveted 18 to 35 year old demographic that often prefers storefronts in shopping malls over big-box stores.

“By acquiring Forzani we gain access to a new set of customers — people at a point in their lives that typically don’t shop our stores extensively today for sporting goods,” Wetmore said.

The all-cash deal will give Canadian Tire (TSX:CTC) ownership of Canada’s largest national sporting goods retailer, which operates 500 stores ranging from general sports retail spots to more tightly focused brands like Nevada Bob’s Golf and Hockey Experts.

The transaction is valued at $26.50 per share, which is a 50 per cent premium on the closing price of Forzani’s stock on Friday. Forzani stock rose quickly in early trading on the Toronto Stock Exchange, jumping $8.62 or 49 per cent to $26.23 — close to the bidding price and a signal investors are confident the deal will go through.

Canadian Tire said the purchase will be completed using $500 million in cash and short-term financing, and has been unanimously approved by Forzani’s board. The company expects the transaction to close in the third quarter.

Canadian Tire already owns about four per cent of the shares of Forzani Group, which is based in Calgary. Together, the merged companies will have about 1,000 retail locations covering a wide array of products from gardening tools, to golf tees to winter tires.

Forzani has been weighing the options for consolidating some of its brands, and Wetmore said that while no final decisions have been made, Canadian Tire supports the move.

The acquisition of Forzani (TSX:FGL) comes about a year after Canadian Tire announced it was refocusing on its core automotive and retail businesses instead of other divisions like financial services and clothing sales at Mark’s.

The retailer began a major overhaul both in its executive suite and as a result of a decision to shift its separate units under one corporate umbrella to eliminate duplication and bloated costs.

“All the work we undertook last year to create enterprise-wide shared services (will) allow us to manage Forzani into the enterprise much more easily and efficiently,” Wetmore said.

Canadian Tire expects synergies in its supply chain, marketing and international suppliers will help save the company $25 million in expenses annually by 2012, with savings increasing to $35 million by 2014. Wetmore said the ultimate goal is to keep customers shopping at its stores throughout their lives.

Canadian Tire is an official sponsor of the NHL, and has participated in other key sponsorship agreements such as the NASCAR Canadian Tire Series and the 2010 Vancouver Olympics. The company employs more than 58,000 people with 485 stores across the country.

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 Canadian Tire (TSX:CTC) aims for acquisition of Forzani (TSX:FGL) for $771M

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Canadian Tire, where legions of wanna-be hockey stars have gone for their first stick or pair of skates, is embarking on a massive expansion of its sporting goods reach with the $771-million acquisition of Forzani Group Ltd.’s 500 stores, Monday May 9, 2011.

By buying Forzani, whose banners include Sport Chek and Athletes World, the automotive and outdoor goods retailer said Monday it hopes to secure Canadian sports enthusiasts of many stripes as lifelong customers.

“Parents buy kids their first bike at Canadian Tire… but as kids get older their tastes change,” Canadian Tire president and CEO Stephen Wetmore said on a conference call.

“Not only do they want more expensive bikes, they want all the apparel and gear that goes along with their cycling activities. That’s where Forzani comes into play.”

The acquisition will give the company a presence in markets where it doesn’t have much of a stronghold — particularly the much-coveted 18 to 35 year old demographic that often prefers storefronts in shopping malls over big-box stores.

“By acquiring Forzani we gain access to a new set of customers — people at a point in their lives that typically don’t shop our stores extensively today for sporting goods,” Wetmore said.

The all-cash deal will give Canadian Tire (TSX:CTC) ownership of Canada’s largest national sporting goods retailer, which operates 500 stores ranging from general sports retail spots to more tightly focused brands like Nevada Bob’s Golf and Hockey Experts.

The transaction is valued at $26.50 per share, which is a 50 per cent premium on the closing price of Forzani’s stock on Friday. Forzani stock rose quickly in early trading on the Toronto Stock Exchange, jumping $8.62 or 49 per cent to $26.23 — close to the bidding price and a signal investors are confident the deal will go through.

Canadian Tire said the purchase will be completed using $500 million in cash and short-term financing, and has been unanimously approved by Forzani’s board. The company expects the transaction to close in the third quarter.

Canadian Tire already owns about four per cent of the shares of Forzani Group, which is based in Calgary. Together, the merged companies will have about 1,000 retail locations covering a wide array of products from gardening tools, to golf tees to winter tires.

Forzani has been weighing the options for consolidating some of its brands, and Wetmore said that while no final decisions have been made, Canadian Tire supports the move.

The acquisition of Forzani (TSX:FGL) comes about a year after Canadian Tire announced it was refocusing on its core automotive and retail businesses instead of other divisions like financial services and clothing sales at Mark’s.

The retailer began a major overhaul both in its executive suite and as a result of a decision to shift its separate units under one corporate umbrella to eliminate duplication and bloated costs.

“All the work we undertook last year to create enterprise-wide shared services (will) allow us to manage Forzani into the enterprise much more easily and efficiently,” Wetmore said.

Canadian Tire expects synergies in its supply chain, marketing and international suppliers will help save the company $25 million in expenses annually by 2012, with savings increasing to $35 million by 2014. Wetmore said the ultimate goal is to keep customers shopping at its stores throughout their lives.

Canadian Tire is an official sponsor of the NHL, and has participated in other key sponsorship agreements such as the NASCAR Canadian Tire Series and the 2010 Vancouver Olympics. The company employs more than 58,000 people with 485 stores across the country.

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 Drop in Canadian home in 2011 to be less than previously anticipated: CREA

Dominion Lending Centres Clearlease Reports Drop in Canadian home in 2011 to be less than previously anticipated: CREA

Dominion Lending Centres Clearlease Reports Drop in Canadian home in 2011 to be less than previously anticipated: CREA

VANCOUVER, BC – (May 9, 2011) Clearlease Reports The Canadian Real Estate Association reported Monday May 9,2011, the drop in homes sales this year will be less than previously forecast; national sales expected to dip 1.3 per cent to 441,100 units.

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 Drop in Canadian home in 2011 to be less than previously anticipated: CREA

VANCOUVER, BC – (May 9, 2011) Clearlease Reports The Canadian Real Estate Association reported Monday May 9,2011, the drop in homes sales this year will be less than previously forecast; national sales expected to dip 1.3 per cent to 441,100 units.

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 Drop in Canadian home in 2011 to be less than previously anticipated: CREA

VANCOUVER, BC – (May 9, 2011) Clearlease Reports The Canadian Real Estate Association reported Monday May 9,2011, the drop in homes sales this year will be less than previously forecast; national sales expected to dip 1.3 per cent to 441,100 units.

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 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday

Dominion Lending Centres Clearlease Reports After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on MondayDominion Lending Centres Clearlease Reports After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on MondayDominion Lending Centres Clearlease Reports After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday

Dominion Lending Centres Clearlease Reports After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday

VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday. The major averages are lingering near the unchanged line amid a light day on the economic news front.

Most of the major sectors are showing only modest moves, although early strength has emerged among oil service stocks. The strength in the sector comes as the price of crude oil is regaining some ground after falling sharply last week.

Crude for June delivery is currently rising $2.57 to $99.75 a barrel after plunging $16.74 or 14.7 percent to $97.18 a barrel last week.

While gold stocks are also moving higher amid a rebound by the price of the precious metal, airline stocks are giving back some ground after last week’s rally in the oil-sensitive sector.

Among individual stocks, shares of Dollar Thrifty (DTG) have shown a strong upward move on news that Hertz Global (HTZ) has raised its offer to acquire the car rental company in an effort to outbid rival Avis Budget Group (CAR).

Hertz said it has offered to acquire Dollar Thrifty for $72 per share, consisting of $57.60 in cash and 0.8546 shares of Hertz. The company claimed that its offer represents a 24 percent premium to the offer made by Avis.

Fast food giant McDonald’s (MCD) is also trading higher after the company said that its global comparable store sales for April rose 6 percent, faster than the 4.9 percent increase in the year-ago period. Comparable sales in the U.S. rose by 4 percent.

Meanwhile, Tyson Foods (TSN) is in the red after reporting second quarter earnings of $0.42 per share, flat with last year and a penny below analyst estimates. The meat producer said its sales for the quarter rose to $8 billion, exceeding the $7.55 billion consensus estimate.

Tyson also said it expects 2011 sales to exceed $32 billion, mostly due to price increases. Analysts had expected revenues for the year of $31.0 billion.

The major averages are currently turning in a mixed performance, with the tech-heavy Nasdaq posting a modest loss. The Nasdaq is down 1.45 points or 0.1 percent at 2,826.11, while the Dow is up 11.27 points or 0.1 percent at 12,650.01 and the S&P 500 is up 1.35 points or 0.1 percent at 1,341.55.

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 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday

VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday. The major averages are lingering near the unchanged line amid a light day on the economic news front.

Most of the major sectors are showing only modest moves, although early strength has emerged among oil service stocks. The strength in the sector comes as the price of crude oil is regaining some ground after falling sharply last week.

Crude for June delivery is currently rising $2.57 to $99.75 a barrel after plunging $16.74 or 14.7 percent to $97.18 a barrel last week.

While gold stocks are also moving higher amid a rebound by the price of the precious metal, airline stocks are giving back some ground after last week’s rally in the oil-sensitive sector.

Among individual stocks, shares of Dollar Thrifty (DTG) have shown a strong upward move on news that Hertz Global (HTZ) has raised its offer to acquire the car rental company in an effort to outbid rival Avis Budget Group (CAR).

Hertz said it has offered to acquire Dollar Thrifty for $72 per share, consisting of $57.60 in cash and 0.8546 shares of Hertz. The company claimed that its offer represents a 24 percent premium to the offer made by Avis.

Fast food giant McDonald’s (MCD) is also trading higher after the company said that its global comparable store sales for April rose 6 percent, faster than the 4.9 percent increase in the year-ago period. Comparable sales in the U.S. rose by 4 percent.

Meanwhile, Tyson Foods (TSN) is in the red after reporting second quarter earnings of $0.42 per share, flat with last year and a penny below analyst estimates. The meat producer said its sales for the quarter rose to $8 billion, exceeding the $7.55 billion consensus estimate.

Tyson also said it expects 2011 sales to exceed $32 billion, mostly due to price increases. Analysts had expected revenues for the year of $31.0 billion.

The major averages are currently turning in a mixed performance, with the tech-heavy Nasdaq posting a modest loss. The Nasdaq is down 1.45 points or 0.1 percent at 2,826.11, while the Dow is up 11.27 points or 0.1 percent at 12,650.01 and the S&P 500 is up 1.35 points or 0.1 percent at 1,341.55.

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 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday

VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday. The major averages are lingering near the unchanged line amid a light day on the economic news front.

Most of the major sectors are showing only modest moves, although early strength has emerged among oil service stocks. The strength in the sector comes as the price of crude oil is regaining some ground after falling sharply last week.

Crude for June delivery is currently rising $2.57 to $99.75 a barrel after plunging $16.74 or 14.7 percent to $97.18 a barrel last week.

While gold stocks are also moving higher amid a rebound by the price of the precious metal, airline stocks are giving back some ground after last week’s rally in the oil-sensitive sector.

Among individual stocks, shares of Dollar Thrifty (DTG) have shown a strong upward move on news that Hertz Global (HTZ) has raised its offer to acquire the car rental company in an effort to outbid rival Avis Budget Group (CAR).

Hertz said it has offered to acquire Dollar Thrifty for $72 per share, consisting of $57.60 in cash and 0.8546 shares of Hertz. The company claimed that its offer represents a 24 percent premium to the offer made by Avis.

Fast food giant McDonald’s (MCD) is also trading higher after the company said that its global comparable store sales for April rose 6 percent, faster than the 4.9 percent increase in the year-ago period. Comparable sales in the U.S. rose by 4 percent.

Meanwhile, Tyson Foods (TSN) is in the red after reporting second quarter earnings of $0.42 per share, flat with last year and a penny below analyst estimates. The meat producer said its sales for the quarter rose to $8 billion, exceeding the $7.55 billion consensus estimate.

Tyson also said it expects 2011 sales to exceed $32 billion, mostly due to price increases. Analysts had expected revenues for the year of $31.0 billion.

The major averages are currently turning in a mixed performance, with the tech-heavy Nasdaq posting a modest loss. The Nasdaq is down 1.45 points or 0.1 percent at 2,826.11, while the Dow is up 11.27 points or 0.1 percent at 12,650.01 and the S&P 500 is up 1.35 points or 0.1 percent at 1,341.55.

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 Facebook effect: Social network sways online news readership as people share, 'like' items

Dominion Lending Centres Clearlease Reports Facebook effect: Social network sways online news readership as people share, ‘like’ items

Dominion Lending Centres Clearlease Reports Facebook effect: Social network sways online news readership as people share, ‘like’ items

VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011, Facebook is influencing what news gets read online as people use the Internet’s most popular hangout to share and recommend content.

That’s one of the key findings from a study on the flow of traffic to the Web’s 25 largest news destinations. The study was released Monday by the Pew Research Center’s Project for Excellence in Journalism.

Facebook was responsible for 3 per cent of traffic to the 21 news sites that allowed data to be tracked, according to the study’s co-author, Amy Mitchell. Five of the sites studied got 6 per cent to 8 per cent of their readers from Facebook .

The referrals typically came from links posted by friends on Facebook ‘s social-networking site or from the ubiquitous “like” buttons, which Facebook encourages other websites to place alongside their content.

The Facebook effect is small compared with Google’s clout. Google Inc.’s dominant search engine supplies about 30 per cent of traffic to the top news sites, according to Pew.

But Facebook and other sharing tools, such as Addthis.com, are empowering people to rely on their online social circles to point out interesting content. By contrast, Google uses an automated formula to help people find news.

Facebook is at the forefront of this shift because it has more than 500 million worldwide users. That’s far more than any other Internet service built for socializing and sharing.

“If searching for the news was the most important development of the last decade, sharing the news may be among the most important of the next,” the Pew report said.

Meanwhile, major news sites are getting less than 1 per cent of their traffic from Twitter, even though it had about 175 million accounts last year.

Among those studied by Pew, only the Los Angeles Times’ website got more traffic from Twitter than Facebook . Twitter accounted for 3.5 per cent of the online traffic to the Los Angeles Times, compared with slightly more than 2 per cent from Facebook .

The Drudge Report, a site started during the 1990s, is a far more significant traffic source for news sites than Twitter, according to the Pew study.

The Pew report is based on an analysis of Internet traffic data compiled by the research firm Nielsen Co. during the first nine months of last year.

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 Facebook effect: Social network sways online news readership as people share, 'like' items

VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011, Facebook is influencing what news gets read online as people use the Internet’s most popular hangout to share and recommend content.

That’s one of the key findings from a study on the flow of traffic to the Web’s 25 largest news destinations. The study was released Monday by the Pew Research Center’s Project for Excellence in Journalism.

Facebook was responsible for 3 per cent of traffic to the 21 news sites that allowed data to be tracked, according to the study’s co-author, Amy Mitchell. Five of the sites studied got 6 per cent to 8 per cent of their readers from Facebook .

The referrals typically came from links posted by friends on Facebook ‘s social-networking site or from the ubiquitous “like” buttons, which Facebook encourages other websites to place alongside their content.

The Facebook effect is small compared with Google’s clout. Google Inc.’s dominant search engine supplies about 30 per cent of traffic to the top news sites, according to Pew.

But Facebook and other sharing tools, such as Addthis.com, are empowering people to rely on their online social circles to point out interesting content. By contrast, Google uses an automated formula to help people find news.

Facebook is at the forefront of this shift because it has more than 500 million worldwide users. That’s far more than any other Internet service built for socializing and sharing.

“If searching for the news was the most important development of the last decade, sharing the news may be among the most important of the next,” the Pew report said.

Meanwhile, major news sites are getting less than 1 per cent of their traffic from Twitter, even though it had about 175 million accounts last year.

Among those studied by Pew, only the Los Angeles Times’ website got more traffic from Twitter than Facebook . Twitter accounted for 3.5 per cent of the online traffic to the Los Angeles Times, compared with slightly more than 2 per cent from Facebook .

The Drudge Report, a site started during the 1990s, is a far more significant traffic source for news sites than Twitter, according to the Pew study.

The Pew report is based on an analysis of Internet traffic data compiled by the research firm Nielsen Co. during the first nine months of last year.

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 Facebook effect: Social network sways online news readership as people share, ‘like’ items

VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011, Facebook is influencing what news gets read online as people use the Internet’s most popular hangout to share and recommend content.

That’s one of the key findings from a study on the flow of traffic to the Web’s 25 largest news destinations. The study was released Monday by the Pew Research Center’s Project for Excellence in Journalism.

Facebook was responsible for 3 per cent of traffic to the 21 news sites that allowed data to be tracked, according to the study’s co-author, Amy Mitchell. Five of the sites studied got 6 per cent to 8 per cent of their readers from Facebook .

The referrals typically came from links posted by friends on Facebook ‘s social-networking site or from the ubiquitous “like” buttons, which Facebook encourages other websites to place alongside their content.

The Facebook effect is small compared with Google’s clout. Google Inc.’s dominant search engine supplies about 30 per cent of traffic to the top news sites, according to Pew.

But Facebook and other sharing tools, such as Addthis.com, are empowering people to rely on their online social circles to point out interesting content. By contrast, Google uses an automated formula to help people find news.

Facebook is at the forefront of this shift because it has more than 500 million worldwide users. That’s far more than any other Internet service built for socializing and sharing.

“If searching for the news was the most important development of the last decade, sharing the news may be among the most important of the next,” the Pew report said.

Meanwhile, major news sites are getting less than 1 per cent of their traffic from Twitter, even though it had about 175 million accounts last year.

Among those studied by Pew, only the Los Angeles Times’ website got more traffic from Twitter than Facebook . Twitter accounted for 3.5 per cent of the online traffic to the Los Angeles Times, compared with slightly more than 2 per cent from Facebook .

The Drudge Report, a site started during the 1990s, is a far more significant traffic source for news sites than Twitter, according to the Pew study.

The Pew report is based on an analysis of Internet traffic data compiled by the research firm Nielsen Co. during the first nine months of last year.

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 Canadian dollar rises, prices for crude oil and metals head higher

Dominion Lending Centres Clearlease Reports Canadian dollar rises, prices for crude oil and metals head higher

Dominion Lending Centres Clearlease Reports Canadian dollar rises, prices for crude oil and metals head higher

VANCOUVER, BC – (May 9, 2011) Clearlease Reports A generally weaker U.S. dollar and a recovery in commodity prices pushed the Canadian dollar higher Monday.

The currency rose 0.24 of a cent to 103.65 cents US after a selloff in commodities sent the currency down about 2.4 cents US last week.

However, prices for oil and metals improved Monday after a solid U.S. employment report on Friday eased worries about the pace of the American economic recovery.

The U.S. economy created 268,000 jobs in April, the most since February 2006 and well above the 185,000 jobs that analysts had predicted.

Oil prices jumped as improved hopes for the U.S. economy helped lower fears of much lower demand. The June crude contract on the New York Mercantile Exchange climbed $2.92 to US$100.10 a barrel after plunging almost US$17 or 14 per cent last week.

Other commodities advanced as the June gold contract on the Nymex rose $13.70 to US$1,505.30 an ounce while the July copper contract in New York was up seven cents to US$4.05 a pound.

Commodity prices tumbled last week amid higher margin levels for silver and worries about the pace of the economic recovery.

The Canadian currency was slightly off the highs of the morning amid some negative data from the housing sector.

Canada Mortgage and Housing Corp. reported that housing starts fell to 179,000 in April, down from 185,000, a trend some analysts suggested could continue.

“We expect housing starts to continue to soften as home prices stagnate in light of forthcoming interest rate hikes and an anticipated slower second half of the year,” said Krishen Rangasamy, an economist with CIBC World Markets, adding the drop could be as large as 10 per cent.

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 Canadian dollar rises, prices for crude oil and metals head higher

VANCOUVER, BC – (May 9, 2011) Clearlease Reports A generally weaker U.S. dollar and a recovery in commodity prices pushed the Canadian dollar higher Monday.

The currency rose 0.24 of a cent to 103.65 cents US after a selloff in commodities sent the currency down about 2.4 cents US last week.

However, prices for oil and metals improved Monday after a solid U.S. employment report on Friday eased worries about the pace of the American economic recovery.

The U.S. economy created 268,000 jobs in April, the most since February 2006 and well above the 185,000 jobs that analysts had predicted.

Oil prices jumped as improved hopes for the U.S. economy helped lower fears of much lower demand. The June crude contract on the New York Mercantile Exchange climbed $2.92 to US$100.10 a barrel after plunging almost US$17 or 14 per cent last week.

Other commodities advanced as the June gold contract on the Nymex rose $13.70 to US$1,505.30 an ounce while the July copper contract in New York was up seven cents to US$4.05 a pound.

Commodity prices tumbled last week amid higher margin levels for silver and worries about the pace of the economic recovery.

The Canadian currency was slightly off the highs of the morning amid some negative data from the housing sector.

Canada Mortgage and Housing Corp. reported that housing starts fell to 179,000 in April, down from 185,000, a trend some analysts suggested could continue.

“We expect housing starts to continue to soften as home prices stagnate in light of forthcoming interest rate hikes and an anticipated slower second half of the year,” said Krishen Rangasamy, an economist with CIBC World Markets, adding the drop could be as large as 10 per cent.

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 Canadian dollar rises, prices for crude oil and metals head higher

VANCOUVER, BC – (May 9, 2011) Clearlease Reports A generally weaker U.S. dollar and a recovery in commodity prices pushed the Canadian dollar higher Monday.

The currency rose 0.24 of a cent to 103.65 cents US after a selloff in commodities sent the currency down about 2.4 cents US last week.

However, prices for oil and metals improved Monday after a solid U.S. employment report on Friday eased worries about the pace of the American economic recovery.

The U.S. economy created 268,000 jobs in April, the most since February 2006 and well above the 185,000 jobs that analysts had predicted.

Oil prices jumped as improved hopes for the U.S. economy helped lower fears of much lower demand. The June crude contract on the New York Mercantile Exchange climbed $2.92 to US$100.10 a barrel after plunging almost US$17 or 14 per cent last week.

Other commodities advanced as the June gold contract on the Nymex rose $13.70 to US$1,505.30 an ounce while the July copper contract in New York was up seven cents to US$4.05 a pound.

Commodity prices tumbled last week amid higher margin levels for silver and worries about the pace of the economic recovery.

The Canadian currency was slightly off the highs of the morning amid some negative data from the housing sector.

Canada Mortgage and Housing Corp. reported that housing starts fell to 179,000 in April, down from 185,000, a trend some analysts suggested could continue.

“We expect housing starts to continue to soften as home prices stagnate in light of forthcoming interest rate hikes and an anticipated slower second half of the year,” said Krishen Rangasamy, an economist with CIBC World Markets, adding the drop could be as large as 10 per cent.

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 McDonald's sales metric up 6 per cent in April on McCafe beverages, breakfast and the Big Mac

Dominion Lending Centres Clearlease Reports McDonald’s sales metric up 6 per cent in April on McCafe beverages, breakfast and the Big Mac

Dominion Lending Centres Clearlease Reports McDonald’s sales metric up 6 per cent in April on McCafe beverages, breakfast and the Big Mac

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Strong sales of McDonald’s McCafe drinks and breakfast items in April drove a key revenue measurement up 6 per cent worldwide.

The world’s biggest hamburger chain said Monday that in the U.S., revenue at company-owned and franchised restaurants open at least 13 months climbed 4 per cent.

The figures are a snapshot of food revenue and don’t include franchise fees and rents that make up part of McDonald’s corporate revenue.

Results were even better overseas. The figure rose 6.5 per cent for Europe and Asia/Pacific, the Middle East and Africa.

Revenue at stores open at least a year is a key gauge of a restaurant operator’s health because it excludes results from stores opened or closed during the year..

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 McDonald's sales metric up 6 per cent in April on McCafe beverages, breakfast and the Big Mac

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Strong sales of McDonald’s McCafe drinks and breakfast items in April drove a key revenue measurement up 6 per cent worldwide.

The world’s biggest hamburger chain said Monday that in the U.S., revenue at company-owned and franchised restaurants open at least 13 months climbed 4 per cent.

The figures are a snapshot of food revenue and don’t include franchise fees and rents that make up part of McDonald’s corporate revenue.

Results were even better overseas. The figure rose 6.5 per cent for Europe and Asia/Pacific, the Middle East and Africa.

Revenue at stores open at least a year is a key gauge of a restaurant operator’s health because it excludes results from stores opened or closed during the year..

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 McDonald’s sales metric up 6 per cent in April on McCafe beverages, breakfast and the Big Mac

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Strong sales of McDonald’s McCafe drinks and breakfast items in April drove a key revenue measurement up 6 per cent worldwide.

The world’s biggest hamburger chain said Monday that in the U.S., revenue at company-owned and franchised restaurants open at least 13 months climbed 4 per cent.

The figures are a snapshot of food revenue and don’t include franchise fees and rents that make up part of McDonald’s corporate revenue.

Results were even better overseas. The figure rose 6.5 per cent for Europe and Asia/Pacific, the Middle East and Africa.

Revenue at stores open at least a year is a key gauge of a restaurant operator’s health because it excludes results from stores opened or closed during the year..

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 heads for positive open, solid U.S. jobs data sends commodities higher

Dominion Lending Centres Clearlease Reports TSX heads for positive open, solid U.S. jobs data sends commodities higherDominion Lending Centres Clearlease Reports TSX heads for positive open, solid U.S. jobs data sends commodities higherDominion Lending Centres Clearlease Reports TSX heads for positive open, solid U.S. jobs data sends commodities higher

Dominion Lending Centres Clearlease Reports TSX heads for positive open, solid U.S. jobs data sends commodities higher

VANCOUVER, BC – (May 9, 2011) Clearlease Reports The Toronto stock market headed for a stronger open Monday as a positive American employment report helped commodity prices claw back some of last week’s steep losses while investors took in major acquisition news from the retail sector.

Canadian Tire (TSX:CTC.A) is buying Forzani Group Ltd. (TSX:FGL), the company behind major sporting goods retailers like Sport Chek and Athletes World in a deal worth $771 million. The transaction is valued at $26.50 per share, which is a 50 per cent premium on the closing price of Forzani’s stock on Friday.

Higher prices for oil and copper helped push the Canadian dollar up 0.34 of a cent to 103.75 cents US.

U.S. futures pointed to a solid open after data on Friday showed that the U.S. economy created 268,000 jobs in April, the most since February 2006. Taking into account job cuts of government workers, the economy added a total of 244,000 jobs overall last month, well above the 185,000 jobs that analysts had predicted and easing worries that the economic recovery was faltering.

The Dow Jones industrial futures rose 49 points to 12,618, the Nasdaq futures gained 14.50 points to 2,388 while the S&P 500 futures were up 4.2 points to 1,338.8.

Oil prices jumped as improved hopes over the U.S. economic recovery helped lower fears of much lower demand for such products. The June crude contract on the New York Mercantile Exchange climbed $2.92 to US$100.10 a barrel after plunging almost US$17 or 14 per cent last week.

Other commodities advanced as the June gold contract on the Nymex rose $13.70 to US$1,505.30 an ounce while the July copper contract in New York was up seven cents to US$4.05 a pound.

Commodity prices tumbled last week amid higher margin levels for silver and worries about the pace of the economic recovery. The selloff helped send the TSX down 2.7 per cent last week, leaving the main index up about 100 points from where it started 2011.

In earnings news, Silver Wheaton Corp. (TSX:SLW) said first-quarter net earnings grew 142 per cent to US$122.2 million from $50.6 million a year earlier. Revenue jumped to a record $158.2 million from $85.9 million.

Earlier in Asia, Hong Kong’s Hang Seng rose 0.8 per cent while Australia’s S&P/ASX 200 added 0.3 per cent.

But Japan’s Nikkei 225 stock average fell 0.7 per cent.

Mainland Chinese shares edged higher as investors snapped up bargains after last week’s big losses.

The benchmark Shanghai Composite Index gained 0.3 per cent and the Shenzhen Composite Index gained 0.7 per cent.

European bourses were lower as investors fretted over whether Greece will need a second financial bailout in just over a year.

EU officials this weekend acknowledged that Greece may need more help. Many investors, however, think that a restructuring of Greece’s debt is inevitable. That would mean holders of Greek bonds will have to accept that the value of their assets are not what they thought they were when they first bought them.

London’s FTSE 100 index declined 0.55 per cent, Frankfurt’s DAX was down 0.93 per cent and the Paris CAC 40 was off 1.04 per cent.

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 heads for positive open, solid U.S. jobs data sends commodities higher

VANCOUVER, BC – (May 9, 2011) Clearlease Reports The Toronto stock market headed for a stronger open Monday as a positive American employment report helped commodity prices claw back some of last week’s steep losses while investors took in major acquisition news from the retail sector.

Canadian Tire (TSX:CTC.A) is buying Forzani Group Ltd. (TSX:FGL), the company behind major sporting goods retailers like Sport Chek and Athletes World in a deal worth $771 million. The transaction is valued at $26.50 per share, which is a 50 per cent premium on the closing price of Forzani’s stock on Friday.

Higher prices for oil and copper helped push the Canadian dollar up 0.34 of a cent to 103.75 cents US.

U.S. futures pointed to a solid open after data on Friday showed that the U.S. economy created 268,000 jobs in April, the most since February 2006. Taking into account job cuts of government workers, the economy added a total of 244,000 jobs overall last month, well above the 185,000 jobs that analysts had predicted and easing worries that the economic recovery was faltering.

The Dow Jones industrial futures rose 49 points to 12,618, the Nasdaq futures gained 14.50 points to 2,388 while the S&P 500 futures were up 4.2 points to 1,338.8.

Oil prices jumped as improved hopes over the U.S. economic recovery helped lower fears of much lower demand for such products. The June crude contract on the New York Mercantile Exchange climbed $2.92 to US$100.10 a barrel after plunging almost US$17 or 14 per cent last week.

Other commodities advanced as the June gold contract on the Nymex rose $13.70 to US$1,505.30 an ounce while the July copper contract in New York was up seven cents to US$4.05 a pound.

Commodity prices tumbled last week amid higher margin levels for silver and worries about the pace of the economic recovery. The selloff helped send the TSX down 2.7 per cent last week, leaving the main index up about 100 points from where it started 2011.

In earnings news, Silver Wheaton Corp. (TSX:SLW) said first-quarter net earnings grew 142 per cent to US$122.2 million from $50.6 million a year earlier. Revenue jumped to a record $158.2 million from $85.9 million.

Earlier in Asia, Hong Kong’s Hang Seng rose 0.8 per cent while Australia’s S&P/ASX 200 added 0.3 per cent.

But Japan’s Nikkei 225 stock average fell 0.7 per cent.

Mainland Chinese shares edged higher as investors snapped up bargains after last week’s big losses.

The benchmark Shanghai Composite Index gained 0.3 per cent and the Shenzhen Composite Index gained 0.7 per cent.

European bourses were lower as investors fretted over whether Greece will need a second financial bailout in just over a year.

EU officials this weekend acknowledged that Greece may need more help. Many investors, however, think that a restructuring of Greece’s debt is inevitable. That would mean holders of Greek bonds will have to accept that the value of their assets are not what they thought they were when they first bought them.

London’s FTSE 100 index declined 0.55 per cent, Frankfurt’s DAX was down 0.93 per cent and the Paris CAC 40 was off 1.04 per cent.

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 heads for positive open, solid U.S. jobs data sends commodities higher

VANCOUVER, BC – (May 9, 2011) Clearlease Reports The Toronto stock market headed for a stronger open Monday as a positive American employment report helped commodity prices claw back some of last week’s steep losses while investors took in major acquisition news from the retail sector.

Canadian Tire (TSX:CTC.A) is buying Forzani Group Ltd. (TSX:FGL), the company behind major sporting goods retailers like Sport Chek and Athletes World in a deal worth $771 million. The transaction is valued at $26.50 per share, which is a 50 per cent premium on the closing price of Forzani’s stock on Friday.

Higher prices for oil and copper helped push the Canadian dollar up 0.34 of a cent to 103.75 cents US.

U.S. futures pointed to a solid open after data on Friday showed that the U.S. economy created 268,000 jobs in April, the most since February 2006. Taking into account job cuts of government workers, the economy added a total of 244,000 jobs overall last month, well above the 185,000 jobs that analysts had predicted and easing worries that the economic recovery was faltering.

The Dow Jones industrial futures rose 49 points to 12,618, the Nasdaq futures gained 14.50 points to 2,388 while the S&P 500 futures were up 4.2 points to 1,338.8.

Oil prices jumped as improved hopes over the U.S. economic recovery helped lower fears of much lower demand for such products. The June crude contract on the New York Mercantile Exchange climbed $2.92 to US$100.10 a barrel after plunging almost US$17 or 14 per cent last week.

Other commodities advanced as the June gold contract on the Nymex rose $13.70 to US$1,505.30 an ounce while the July copper contract in New York was up seven cents to US$4.05 a pound.

Commodity prices tumbled last week amid higher margin levels for silver and worries about the pace of the economic recovery. The selloff helped send the TSX down 2.7 per cent last week, leaving the main index up about 100 points from where it started 2011.

In earnings news, Silver Wheaton Corp. (TSX:SLW) said first-quarter net earnings grew 142 per cent to US$122.2 million from $50.6 million a year earlier. Revenue jumped to a record $158.2 million from $85.9 million.

Earlier in Asia, Hong Kong’s Hang Seng rose 0.8 per cent while Australia’s S&P/ASX 200 added 0.3 per cent.

But Japan’s Nikkei 225 stock average fell 0.7 per cent.

Mainland Chinese shares edged higher as investors snapped up bargains after last week’s big losses.

The benchmark Shanghai Composite Index gained 0.3 per cent and the Shenzhen Composite Index gained 0.7 per cent.

European bourses were lower as investors fretted over whether Greece will need a second financial bailout in just over a year.

EU officials this weekend acknowledged that Greece may need more help. Many investors, however, think that a restructuring of Greece’s debt is inevitable. That would mean holders of Greek bonds will have to accept that the value of their assets are not what they thought they were when they first bought them.

London’s FTSE 100 index declined 0.55 per cent, Frankfurt’s DAX was down 0.93 per cent and the Paris CAC 40 was off 1.04 per cent.

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 Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

Dominion Lending Centres Clearlease Reports Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

Dominion Lending Centres Clearlease Reports Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Bombardier Transportation has signed a framework agreement with Siemens AG for a US$3-billion share of a large German high-speed rail contract May 9, 2011.

The Berlin-based railway division of Bombardier Inc. (TSX:BBD.B) will become a partner to develop and supply components for up to 300 ICx high speed trains for Deutsche Bahn.

Two orders for 220 trains would be worth US$3 billion to Bombardier.

The framework agreement also includes an option for up to 80 additional trains that could be ordered until 2030.

Production will start in the summer of 2013.

Bombardier will supply Siemens with body shells, trailer bogies and complete final assembly of coaches.

The head of Bombardier’s passenger division said the technical solutions developed by the company will make a significant contribution to the project. For example, the aerodynamics and weight of the steel body shells will reduce energy consumption.

“The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project,” said Stephane Rambaud-Measson.

Bombardier’s work will be completed at its sites in Gorlitz, Hennigsdorf and Siegen, Germany.

More than 100,000 Bombardier trains are in operation in over 60 countries around the world. The train and plane manufacturer has annual revenue of some US$17.7 billion.

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 Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Bombardier Transportation has signed a framework agreement with Siemens AG for a US$3-billion share of a large German high-speed rail contract May 9, 2011.

The Berlin-based railway division of Bombardier Inc. (TSX:BBD.B) will become a partner to develop and supply components for up to 300 ICx high speed trains for Deutsche Bahn.

Two orders for 220 trains would be worth US$3 billion to Bombardier.

The framework agreement also includes an option for up to 80 additional trains that could be ordered until 2030.

Production will start in the summer of 2013.

Bombardier will supply Siemens with body shells, trailer bogies and complete final assembly of coaches.

The head of Bombardier’s passenger division said the technical solutions developed by the company will make a significant contribution to the project. For example, the aerodynamics and weight of the steel body shells will reduce energy consumption.

“The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project,” said Stephane Rambaud-Measson.

Bombardier’s work will be completed at its sites in Gorlitz, Hennigsdorf and Siegen, Germany.

More than 100,000 Bombardier trains are in operation in over 60 countries around the world. The train and plane manufacturer has annual revenue of some US$17.7 billion.

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 Bombardier (TSX:BBD.B) partners with Siemens for US$3B share of German rail contract

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Bombardier Transportation has signed a framework agreement with Siemens AG for a US$3-billion share of a large German high-speed rail contract May 9, 2011.

The Berlin-based railway division of Bombardier Inc. (TSX:BBD.B) will become a partner to develop and supply components for up to 300 ICx high speed trains for Deutsche Bahn.

Two orders for 220 trains would be worth US$3 billion to Bombardier.

The framework agreement also includes an option for up to 80 additional trains that could be ordered until 2030.

Production will start in the summer of 2013.

Bombardier will supply Siemens with body shells, trailer bogies and complete final assembly of coaches.

The head of Bombardier’s passenger division said the technical solutions developed by the company will make a significant contribution to the project. For example, the aerodynamics and weight of the steel body shells will reduce energy consumption.

“The ICx will have a decisive influence on the future of long-distance travel in Germany and will be a showcase project,” said Stephane Rambaud-Measson.

Bombardier’s work will be completed at its sites in Gorlitz, Hennigsdorf and Siegen, Germany.

More than 100,000 Bombardier trains are in operation in over 60 countries around the world. The train and plane manufacturer has annual revenue of some US$17.7 billion.

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 Brownstone Energy (TSXV:BWN.V) Puts Canaguay #1 Well on Production in Colombia

Dominion Lending Centres Clearlease Reports Brownstone Energy (TSXV:BWN.V) Puts Canaguay #1 Well on Production in Colombia

Dominion Lending Centres Clearlease Reports Brownstone Energy (TSXV:BWN.V) Puts Canaguay #1 Well on Production in Colombia

VANCOUVER, BC – (May 7, 2011) Clearlease Reports Brownstone Energy Inc. (TSXV:BWN.V) is pleased to provide the following update on operations in Colombia.

Canaguaro Block, Llanos Basin

Brownstone has been advised by the operator of the Canaguaro Block that installation of long term production testing equipment at the Canaguay #1 well has been completed and that long term production testing of the well has commenced. During commissioning, the well produced oil at various rates, and most recently, the Canaguay #1 well produced from the Mirador formation through the new facilities at a rate in excess of 2,000 barrels of oil per day (“bopd”) with a 0.2% water cut. The optimal production rate for the Mirador reservoir and facilities will be determined by the results of the long term production test. Long term trucking and sale agreements have been signed for oil produced at Canaguay #1.

Brownstone has met its obligations to earn its 25% working interest in the Canaguaro Block.

Block 27

Brownstone and its partners have defined drilling locations on the first two of five separate structures, based on the interpretation of the previously completed 3D seismic survey. An additional follow-up development location has been selected on one of the structures dependant on success. Brownstone and its partners continue to wait on required environmental permits before construction of the locations can commence; and anticipates commencing construction and drilling in the 3rd quarter, 2011.

The wells have a planned depth of approximately 10,000 feet and will test prospective oil bearing intervals in the Carbonera, Mirador and Une Formations.

A follow-up 54 square kilometer 3D seismic acquisition program has commenced in the south eastern portion of the block to further define additional potential drilling locations. The 3D seismic acquisition program is expected to be completed in the 2nd quarter, with the drilling of an additional 10,000 foot well before year-end, dependant on the results of the follow-up 3D seismic.

Brownstone has a 50% paying interest (45.275% working interest before pay out, 34.25% working interest after payout) in Block 27.

Block 21

Brownstone and its partners have also completed 75% of the 83 square kilometer 3D seismic survey on Block 21. After processing and interpretation, the partners plan to drill 2 wells by the 1st quarter of 2012.

Brownstone is the operator of the block and has a 50% paying interest (45.5% working interest before pay out, 35% working interest after payout) in Block 21.

Block 36

The acquisition of 109 square kilometers of 3D seismic on Block 36 is approximately 75% complete; this program was delayed by weather and environmental difficulties. Drilling of one 15,000 foot well remains scheduled to occur by the end of 2011.

Brownstone has a 20% paying interest (18.2% working interest before pay out, 14% working interest after payout) in Block 36.

About Brownstone

Brownstone Energy Inc. is a Canadian-based, energy focused company with direct interests in oil and gas exploration projects, including varying interests in 5 off-shore Israel concessions and in 4 Colombian blocks in the Llanos basin, as well as other oil and gas interests worldwide. By owning and managing a diversified portfolio of energy-based projects, Brownstone provides shareholders with a unique energy alternative. For additional information, please see Brownstone’s website: www.brownstoneenergy.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 Brownstone Energy (TSXV:BWN.V) Puts Canaguay #1 Well on Production in Colombia

VANCOUVER, BC – (May 9, 2011) Clearlease Reports Brownstone Energy Inc. (TSXV:BWN.V) is pleased to provide the following update on operations in Colombia.

Canaguaro Block, Llanos Basin

Brownstone has been advised by the operator of the Canaguaro Block that installation of long term production testing equipment at the Canaguay #1 well has been completed and that long term production testing of the well has commenced. During commissioning, the well produced oil at various rates, and most recently, the Canaguay #1 well produced from the Mirador formation through the new facilities at a rate in excess of 2,000 barrels of oil per day (“bopd”) with a 0.2% water cut. The optimal production rate for the Mirador reservoir and facilities will be determined by the results of the long term production test. Long term trucking and sale agreements have been signed for oil produced at Canaguay #1.

Brownstone has met its obligations to earn its 25% working interest in the Canaguaro Block.

Block 27

Brownstone and its partners have defined drilling locations on the first two of five separate structures, based on the interpretation of the previously completed 3D seismic survey. An additional follow-up development location has been selected on one of the structures dependant on success. Brownstone and its partners continue to wait on required environmental permits before construction of the locations can commence; and anticipates commencing construction and drilling in the 3rd quarter, 2011.

The wells have a planned depth of approximately 10,000 feet and will test prospective oil bearing intervals in the Carbonera, Mirador and Une Formations.

A follow-up 54 square kilometer 3D seismic acquisition program has commenced in the south eastern portion of the block to further define additional potential drilling locations. The 3D seismic acquisition program is expected to be completed in the 2nd quarter, with the drilling of an additional 10,000 foot well before year-end, dependant on the results of the follow-up 3D seismic.

Brownstone has a 50% paying interest (45.275% working interest before pay out, 34.25% working interest after payout) in Block 27.

Block 21

Brownstone and its partners have also completed 75% of the 83 square kilometer 3D seismic survey on Block 21. After processing and interpretation, the partners plan to drill 2 wells by the 1st quarter of 2012.

Brownstone is the operator of the block and has a 50% paying interest (45.5% working interest before pay out, 35% working interest after payout) in Block 21.

Block 36

The acquisition of 109 square kilometers of 3D seismic on Block 36 is approximately 75% complete; this program was delayed by weather and environmental difficulties. Drilling of one 15,000 foot well remains scheduled to occur by the end of 2011.

Brownstone has a 20% paying interest (18.2% working interest before pay out, 14% working interest after payout) in Block 36.

About Brownstone

Brownstone Energy Inc. is a Canadian-based, energy focused company with direct interests in oil and gas exploration projects, including varying interests in 5 off-shore Israel concessions and in 4 Colombian blocks in the Llanos basin, as well as other oil and gas interests worldwide. By owning and managing a diversified portfolio of energy-based projects, Brownstone provides shareholders with a unique energy alternative. For additional information, please see Brownstone’s website: www.brownstoneenergy.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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 Brownstone Energy (TSXV:BWN.V) Puts Canaguay #1 Well on Production in Colombia

VANCOUVER, BC – (May 7, 2011) Clearlease Reports Brownstone Energy Inc. (TSXV:BWN.V) is pleased to provide the following update on operations in Colombia.

Canaguaro Block, Llanos Basin

Brownstone has been advised by the operator of the Canaguaro Block that installation of long term production testing equipment at the Canaguay #1 well has been completed and that long term production testing of the well has commenced. During commissioning, the well produced oil at various rates, and most recently, the Canaguay #1 well produced from the Mirador formation through the new facilities at a rate in excess of 2,000 barrels of oil per day (“bopd”) with a 0.2% water cut. The optimal production rate for the Mirador reservoir and facilities will be determined by the results of the long term production test. Long term trucking and sale agreements have been signed for oil produced at Canaguay #1.

Brownstone has met its obligations to earn its 25% working interest in the Canaguaro Block.

Block 27

Brownstone and its partners have defined drilling locations on the first two of five separate structures, based on the interpretation of the previously completed 3D seismic survey. An additional follow-up development location has been selected on one of the structures dependant on success. Brownstone and its partners continue to wait on required environmental permits before construction of the locations can commence; and anticipates commencing construction and drilling in the 3rd quarter, 2011.

The wells have a planned depth of approximately 10,000 feet and will test prospective oil bearing intervals in the Carbonera, Mirador and Une Formations.

A follow-up 54 square kilometer 3D seismic acquisition program has commenced in the south eastern portion of the block to further define additional potential drilling locations. The 3D seismic acquisition program is expected to be completed in the 2nd quarter, with the drilling of an additional 10,000 foot well before year-end, dependant on the results of the follow-up 3D seismic.

Brownstone has a 50% paying interest (45.275% working interest before pay out, 34.25% working interest after payout) in Block 27.

Block 21

Brownstone and its partners have also completed 75% of the 83 square kilometer 3D seismic survey on Block 21. After processing and interpretation, the partners plan to drill 2 wells by the 1st quarter of 2012.

Brownstone is the operator of the block and has a 50% paying interest (45.5% working interest before pay out, 35% working interest after payout) in Block 21.

Block 36

The acquisition of 109 square kilometers of 3D seismic on Block 36 is approximately 75% complete; this program was delayed by weather and environmental difficulties. Drilling of one 15,000 foot well remains scheduled to occur by the end of 2011.

Brownstone has a 20% paying interest (18.2% working interest before pay out, 14% working interest after payout) in Block 36.

About Brownstone

Brownstone Energy Inc. is a Canadian-based, energy focused company with direct interests in oil and gas exploration projects, including varying interests in 5 off-shore Israel concessions and in 4 Colombian blocks in the Llanos basin, as well as other oil and gas interests worldwide. By owning and managing a diversified portfolio of energy-based projects, Brownstone provides shareholders with a unique energy alternative. For additional information, please see Brownstone’s website: www.brownstoneenergy.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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