Dominion Lending Centres Clearlease Reports TSX set for lower open amid lower commodities, but positive Canadian jobs data

Dominion Lending Centres Clearlease Reports TSX set for lower open amid lower commodities, but positive Canadian jobs data

Dominion Lending Centres Clearlease Reports TSX set for lower open amid lower commodities, but positive Canadian jobs data

VANCOUVER, BC – (May 6, 2011) Clearlease Reports The Toronto stock market was poised for a slightly lower open as commodities began to rise after Canadian and U.S. jobs figures from April came in stronger than expected.

The Canadian dollar added 0.75 of a cent to 104.03 US after Statistics Canada reported that Canada’s economy created an impressive 58,300 jobs last month.

Almost all of those jobs were in Ontario, and a big portion of them were part-time. It was enough to bring the unemployment rate down to 7.6 per cent, matching the lowest jobless level since the early months of the recession.

Economists had expected a more modest 20,000 pick-up following a weak March. But they also noted that a higher number was in the offing due to possible one-time hiring for the federal election.

Meanwhile, figures from the U.S. showed the American economy added 244,000 jobs in April, in the third straight month of solid hiring. However, the unemployment rate ticked up to nine per cent.

Wall Street appeared headed for a higher opening, with Dow Jones industrial futures up 98 points to 12,888 and S&P 500 futures 9.6 points to 1,343.60 while Nasdaq futures gained 18 points to 2,397.

Gold prices added $1.20 to US$1482.60 an ounce, while copper lost two cents to $4.01 a pound.

Crude prices lost $1.25 to $98.55 a barrel — extending a weeklong sell-off on investor concern that slowing U.S. economic growth will undermine demand for crude. That was down sharply from a 2 1/2-year high of almost US$115 late last week and the biggest one-day percentage drop in more than two years.

Signs that the U.S. economic recovery is slowing dragged down oil prices, which hurts the energy companies whose fortunes depend on them. Oil tumbled nearly seven per cent Thursday on a sharp rise in the US dollar and a jump in applications for unemployment benefits.

Britain’s FTSE 100 rose 0.2 per cent to 5,997.03. Germany’s DAX rose 0.4 per cent to 7,402.51 while France’s CAC-40 was flat at 4,042.79.

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 set for lower open amid lower commodities, but positive Canadian jobs data

VANCOUVER, BC – (May 6, 2011) Clearlease Reports The Toronto stock market was poised for a slightly lower open as commodities began to rise after Canadian and U.S. jobs figures from April came in stronger than expected.

The Canadian dollar added 0.75 of a cent to 104.03 US after Statistics Canada reported that Canada’s economy created an impressive 58,300 jobs last month.

Almost all of those jobs were in Ontario, and a big portion of them were part-time. It was enough to bring the unemployment rate down to 7.6 per cent, matching the lowest jobless level since the early months of the recession.

Economists had expected a more modest 20,000 pick-up following a weak March. But they also noted that a higher number was in the offing due to possible one-time hiring for the federal election.

Meanwhile, figures from the U.S. showed the American economy added 244,000 jobs in April, in the third straight month of solid hiring. However, the unemployment rate ticked up to nine per cent.

Wall Street appeared headed for a higher opening, with Dow Jones industrial futures up 98 points to 12,888 and S&P 500 futures 9.6 points to 1,343.60 while Nasdaq futures gained 18 points to 2,397.

Gold prices added $1.20 to US$1482.60 an ounce, while copper lost two cents to $4.01 a pound.

Crude prices lost $1.25 to $98.55 a barrel — extending a weeklong sell-off on investor concern that slowing U.S. economic growth will undermine demand for crude. That was down sharply from a 2 1/2-year high of almost US$115 late last week and the biggest one-day percentage drop in more than two years.

Signs that the U.S. economic recovery is slowing dragged down oil prices, which hurts the energy companies whose fortunes depend on them. Oil tumbled nearly seven per cent Thursday on a sharp rise in the US dollar and a jump in applications for unemployment benefits.

Britain’s FTSE 100 rose 0.2 per cent to 5,997.03. Germany’s DAX rose 0.4 per cent to 7,402.51 while France’s CAC-40 was flat at 4,042.79.

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 set for lower open amid lower commodities, but positive Canadian jobs data

VANCOUVER, BC – (May 6, 2011) Clearlease Reports The Toronto stock market was poised for a slightly lower open as commodities began to rise after Canadian and U.S. jobs figures from April came in stronger than expected.

The Canadian dollar added 0.75 of a cent to 104.03 US after Statistics Canada reported that Canada’s economy created an impressive 58,300 jobs last month.

Almost all of those jobs were in Ontario, and a big portion of them were part-time. It was enough to bring the unemployment rate down to 7.6 per cent, matching the lowest jobless level since the early months of the recession.

Economists had expected a more modest 20,000 pick-up following a weak March. But they also noted that a higher number was in the offing due to possible one-time hiring for the federal election.

Meanwhile, figures from the U.S. showed the American economy added 244,000 jobs in April, in the third straight month of solid hiring. However, the unemployment rate ticked up to nine per cent.

Wall Street appeared headed for a higher opening, with Dow Jones industrial futures up 98 points to 12,888 and S&P 500 futures 9.6 points to 1,343.60 while Nasdaq futures gained 18 points to 2,397.

Gold prices added $1.20 to US$1482.60 an ounce, while copper lost two cents to $4.01 a pound.

Crude prices lost $1.25 to $98.55 a barrel — extending a weeklong sell-off on investor concern that slowing U.S. economic growth will undermine demand for crude. That was down sharply from a 2 1/2-year high of almost US$115 late last week and the biggest one-day percentage drop in more than two years.

Signs that the U.S. economic recovery is slowing dragged down oil prices, which hurts the energy companies whose fortunes depend on them. Oil tumbled nearly seven per cent Thursday on a sharp rise in the US dollar and a jump in applications for unemployment benefits.

Britain’s FTSE 100 rose 0.2 per cent to 5,997.03. Germany’s DAX rose 0.4 per cent to 7,402.51 while France’s CAC-40 was flat at 4,042.79.

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 Loonie gains more than a cent on strong jobs figures in U.S. and Canada

Dominion Lending Centres Clearlease Reports Loonie gains more than a cent on strong jobs figures in U.S. and Canada

Dominion Lending Centres Clearlease Reports Loonie gains more than a cent on strong jobs figures in U.S. and Canada

VANCOUVER, BC – (May 5, 2011) Clearlease Reports The Canadian dollar regained some ground Friday that it lost in the previous session as Canadian and U.S. job figures came in above expectations.

The loonie was up 1.10 cents to 104.38 cents US after a Statistics Canada report showed Canada’s economy stepped up a gear in April, pumping out a surprisingly strong 58,300 jobs.

Almost all of the jobs were in the province of Ontario and a big portion of them part-time.The impressive gain in the headline number was enough to trim the unemployment rate to 7.6 per cent, down 0.1 per cent from the previous month, matching the lowest jobless level since the early months of the recession.

April’s gains bring the year-over-year increase in employment to 283,000.

Although the headline number exaggerates the strength of the labour market, the monthly pick-up was nonetheless impressive.

Economists had expected a more modest 20,000 gain following a weak March, although they left themselves open to an upside surprise for possible one-time hiring for the federal election.

“April’s headline result is certainly impressive, and suggests that the Canadian recovery is managing to grind forward despite the many slings and arrows flung at the North American economy in recent months,” said Douglas Porter, deputy chief economist at BMO Capital Markets.

“However, the details were not quite as impressive, and jobs may have got a least a small temporary boost from the election. As a result, this likely won’t make much impact on the Bank of Canada’s view of the world.”

In the U.S., employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate rose to nine per cent in part because some people resumed looking for work.

The Labor Department says the economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs — the most since February 2006.

The data suggests businesses are confidence in the economy despite weak growth earlier this year. Still, unemployment increased slightly from the 8.8 per cent in March. It was the first increase since November.

Meanwhile, commodity prices narrowed slides seen in Thursday trading.

Gold prices added $1.20 to US$1482.60 an ounce, while copper lost two cents to $4.01 a pound.

Crude prices lost $1.25 to $98.55 a barrel — extending a weeklong sell-off on investor concern that slowing U.S. economic growth will undermine demand for crude. That was down sharply from a 2 1/2-year high of almost US$115 late last week and the biggest one-day percentage drop in more than two years.

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 Loonie gains more than a cent on strong jobs figures in U.S. and Canada

VANCOUVER, BC – (May 6, 2011) Clearlease Reports The Canadian dollar regained some ground Friday that it lost in the previous session as Canadian and U.S. job figures came in above expectations.

The loonie was up 1.10 cents to 104.38 cents US after a Statistics Canada report showed Canada’s economy stepped up a gear in April, pumping out a surprisingly strong 58,300 jobs.

Almost all of the jobs were in the province of Ontario and a big portion of them part-time.The impressive gain in the headline number was enough to trim the unemployment rate to 7.6 per cent, down 0.1 per cent from the previous month, matching the lowest jobless level since the early months of the recession.

April’s gains bring the year-over-year increase in employment to 283,000.

Although the headline number exaggerates the strength of the labour market, the monthly pick-up was nonetheless impressive.

Economists had expected a more modest 20,000 gain following a weak March, although they left themselves open to an upside surprise for possible one-time hiring for the federal election.

“April’s headline result is certainly impressive, and suggests that the Canadian recovery is managing to grind forward despite the many slings and arrows flung at the North American economy in recent months,” said Douglas Porter, deputy chief economist at BMO Capital Markets.

“However, the details were not quite as impressive, and jobs may have got a least a small temporary boost from the election. As a result, this likely won’t make much impact on the Bank of Canada’s view of the world.”

In the U.S., employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate rose to nine per cent in part because some people resumed looking for work.

The Labor Department says the economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs — the most since February 2006.

The data suggests businesses are confidence in the economy despite weak growth earlier this year. Still, unemployment increased slightly from the 8.8 per cent in March. It was the first increase since November.

Meanwhile, commodity prices narrowed slides seen in Thursday trading.

Gold prices added $1.20 to US$1482.60 an ounce, while copper lost two cents to $4.01 a pound.

Crude prices lost $1.25 to $98.55 a barrel — extending a weeklong sell-off on investor concern that slowing U.S. economic growth will undermine demand for crude. That was down sharply from a 2 1/2-year high of almost US$115 late last week and the biggest one-day percentage drop in more than two years.

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 Loonie gains more than a cent on strong jobs figures in U.S. and Canada

VANCOUVER, BC – (May 5, 2011) Clearlease Reports The Canadian dollar regained some ground Friday that it lost in the previous session as Canadian and U.S. job figures came in above expectations.

The loonie was up 1.10 cents to 104.38 cents US after a Statistics Canada report showed Canada’s economy stepped up a gear in April, pumping out a surprisingly strong 58,300 jobs.

Almost all of the jobs were in the province of Ontario and a big portion of them part-time.The impressive gain in the headline number was enough to trim the unemployment rate to 7.6 per cent, down 0.1 per cent from the previous month, matching the lowest jobless level since the early months of the recession.

April’s gains bring the year-over-year increase in employment to 283,000.

Although the headline number exaggerates the strength of the labour market, the monthly pick-up was nonetheless impressive.

Economists had expected a more modest 20,000 gain following a weak March, although they left themselves open to an upside surprise for possible one-time hiring for the federal election.

“April’s headline result is certainly impressive, and suggests that the Canadian recovery is managing to grind forward despite the many slings and arrows flung at the North American economy in recent months,” said Douglas Porter, deputy chief economist at BMO Capital Markets.

“However, the details were not quite as impressive, and jobs may have got a least a small temporary boost from the election. As a result, this likely won’t make much impact on the Bank of Canada’s view of the world.”

In the U.S., employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate rose to nine per cent in part because some people resumed looking for work.

The Labor Department says the economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs — the most since February 2006.

The data suggests businesses are confidence in the economy despite weak growth earlier this year. Still, unemployment increased slightly from the 8.8 per cent in March. It was the first increase since November.

Meanwhile, commodity prices narrowed slides seen in Thursday trading.

Gold prices added $1.20 to US$1482.60 an ounce, while copper lost two cents to $4.01 a pound.

Crude prices lost $1.25 to $98.55 a barrel — extending a weeklong sell-off on investor concern that slowing U.S. economic growth will undermine demand for crude. That was down sharply from a 2 1/2-year high of almost US$115 late last week and the biggest one-day percentage drop in more than two years.

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 Abu Dhabi's Aabar to invest $1B in Glencore IPO, making it largest cornerstone investor

Dominion Lending Centres Clearlease Reports Abu Dhabi’s Aabar to invest $1B in Glencore IPO, making it largest cornerstone investor

Dominion Lending Centres Clearlease Reports Abu Dhabi’s Aabar to invest $1B in Glencore IPO, making it largest cornerstone investor

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Abu Dhabi-based investment fund Aabar Investments PJS says it will invest as much as $1 billion in commodities giant Glencore International PLC’s partial share float later this month.

Aabar, which has big stakes in automaker Daimler and Italian bank UniCredit, said in a release Wednesday it was confirming an $850 million investment in Glencore, with an intention to invest an additional $150 million in the share offering.

Aabar said it would make the investment fund the largest cornerstone investor in the IPO.

Swiss-based Glencore’s IPO later this month could value the company at $61 billion, and the commodities firm is said to be looking for cornerstone investors. The IPO is expected to raise about $10 billion and will be done through two floatations.

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 Abu Dhabi's Aabar to invest $1B in Glencore IPO, making it largest cornerstone investor

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Abu Dhabi-based investment fund Aabar Investments PJS says it will invest as much as $1 billion in commodities giant Glencore International PLC’s partial share float later this month.

Aabar, which has big stakes in automaker Daimler and Italian bank UniCredit, said in a release Wednesday it was confirming an $850 million investment in Glencore, with an intention to invest an additional $150 million in the share offering.

Aabar said it would make the investment fund the largest cornerstone investor in the IPO.

Swiss-based Glencore’s IPO later this month could value the company at $61 billion, and the commodities firm is said to be looking for cornerstone investors. The IPO is expected to raise about $10 billion and will be done through two floatations.

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 Abu Dhabi’s Aabar to invest $1B in Glencore IPO, making it largest cornerstone investor

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Abu Dhabi-based investment fund Aabar Investments PJS says it will invest as much as $1 billion in commodities giant Glencore International PLC’s partial share float later this month.

Aabar, which has big stakes in automaker Daimler and Italian bank UniCredit, said in a release Wednesday it was confirming an $850 million investment in Glencore, with an intention to invest an additional $150 million in the share offering.

Aabar said it would make the investment fund the largest cornerstone investor in the IPO.

Swiss-based Glencore’s IPO later this month could value the company at $61 billion, and the commodities firm is said to be looking for cornerstone investors. The IPO is expected to raise about $10 billion and will be done through two floatations.

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 Wal-Mart Stores (NYSE: WMT ) remains Top US companies posted third-largest profit gain in history of Fortune 500

Dominion Lending Centres Clearlease Reports Wal-Mart Stores (NYSE: WMT ) remains Top US companies posted third-largest profit gain in history of Fortune 500

Dominion Lending Centres Clearlease Reports Wal-Mart Stores (NYSE: WMT ) remains Top US companies posted third-largest profit gain in history of Fortune 500

VANCOUVER, BC – (May 6, 2011) Clearlease Reports Wal-Mart Stores Inc. remains atop the Fortune 500 list even as it struggled to keep its U.S. customers coming in the door.

The world’s largest retailer held onto the top spot for the second year in a row thanks to gains at its international stores. The company’s U.S. division has had seven straight quarters of declines in revenue at stores open at least a year compared with the same periods the year before.

Fortune Magazine, which ranked companies based on revenue for 2010, released its annual list on Thursday. It was filled with examples of how rising fuel prices are affecting the economy. Wal-Mart was followed by the three largest American oil companies: Exxon Mobil Corp., Chevron Corp. and ConocoPhillips.

Fortune said that America’s top companies profited by boosting productivity and cutting jobs. Like Wal-Mart, they also relied on growing operations overseas. The strategy helped them increase earnings 81 per cent to $318 billion. That’s the third-largest combined profit gain in the list’s history. The largest jump in profit came in 2004, when Fortune 500 companies reported a more than six-fold increase in earnings. Companies that made last year’s list increased profits by more than four-fold.

Fannie Mae jumped from 81st last year to round out this year’s top 5 companies, though the rise was mostly due to new accounting rules and continued support from the federal government. The housing finance giant also faces an investigation by the Securities and Exchange Commission, which is looking into statements that former CEO Daniel Mudd made about the mortgage giant’s exposure to risky loans.

The top 10 companies also included General Electric Co., Berkshire Hathaway Inc., General Motors Co., Bank of America Corp. and Ford Motor Corp.

Ten companies cracked the list for the first time this year. Nineteen others, including Chrysler and Fidelity National Information Services, returned to the Fortune 500 this year.

The list now includes just one newspaper company, Gannett Co. Inc., at No. 415. A decade ago, five newspaper companies were among the top 500.

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 Wal-Mart Stores (NYSE: WMT ) remains Top US companies posted third-largest profit gain in history of Fortune 500

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Wal-Mart Stores Inc. remains atop the Fortune 500 list even as it struggled to keep its U.S. customers coming in the door.

The world’s largest retailer held onto the top spot for the second year in a row thanks to gains at its international stores. The company’s U.S. division has had seven straight quarters of declines in revenue at stores open at least a year compared with the same periods the year before.

Fortune Magazine, which ranked companies based on revenue for 2010, released its annual list on Thursday. It was filled with examples of how rising fuel prices are affecting the economy. Wal-Mart was followed by the three largest American oil companies: Exxon Mobil Corp., Chevron Corp. and ConocoPhillips.

Fortune said that America’s top companies profited by boosting productivity and cutting jobs. Like Wal-Mart, they also relied on growing operations overseas. The strategy helped them increase earnings 81 per cent to $318 billion. That’s the third-largest combined profit gain in the list’s history. The largest jump in profit came in 2004, when Fortune 500 companies reported a more than six-fold increase in earnings. Companies that made last year’s list increased profits by more than four-fold.

Fannie Mae jumped from 81st last year to round out this year’s top 5 companies, though the rise was mostly due to new accounting rules and continued support from the federal government. The housing finance giant also faces an investigation by the Securities and Exchange Commission, which is looking into statements that former CEO Daniel Mudd made about the mortgage giant’s exposure to risky loans.

The top 10 companies also included General Electric Co., Berkshire Hathaway Inc., General Motors Co., Bank of America Corp. and Ford Motor Corp.

Ten companies cracked the list for the first time this year. Nineteen others, including Chrysler and Fidelity National Information Services, returned to the Fortune 500 this year.

The list now includes just one newspaper company, Gannett Co. Inc., at No. 415. A decade ago, five newspaper companies were among the top 500.

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 Wal-Mart Stores (NYSE: WMT ) remains Top US companies posted third-largest profit gain in history of Fortune 500

VANCOUVER, BC – (May 6, 2011) Clearlease Reports Wal-Mart Stores Inc. remains atop the Fortune 500 list even as it struggled to keep its U.S. customers coming in the door.

The world’s largest retailer held onto the top spot for the second year in a row thanks to gains at its international stores. The company’s U.S. division has had seven straight quarters of declines in revenue at stores open at least a year compared with the same periods the year before.

Fortune Magazine, which ranked companies based on revenue for 2010, released its annual list on Thursday. It was filled with examples of how rising fuel prices are affecting the economy. Wal-Mart was followed by the three largest American oil companies: Exxon Mobil Corp., Chevron Corp. and ConocoPhillips.

Fortune said that America’s top companies profited by boosting productivity and cutting jobs. Like Wal-Mart, they also relied on growing operations overseas. The strategy helped them increase earnings 81 per cent to $318 billion. That’s the third-largest combined profit gain in the list’s history. The largest jump in profit came in 2004, when Fortune 500 companies reported a more than six-fold increase in earnings. Companies that made last year’s list increased profits by more than four-fold.

Fannie Mae jumped from 81st last year to round out this year’s top 5 companies, though the rise was mostly due to new accounting rules and continued support from the federal government. The housing finance giant also faces an investigation by the Securities and Exchange Commission, which is looking into statements that former CEO Daniel Mudd made about the mortgage giant’s exposure to risky loans.

The top 10 companies also included General Electric Co., Berkshire Hathaway Inc., General Motors Co., Bank of America Corp. and Ford Motor Corp.

Ten companies cracked the list for the first time this year. Nineteen others, including Chrysler and Fidelity National Information Services, returned to the Fortune 500 this year.

The list now includes just one newspaper company, Gannett Co. Inc., at No. 415. A decade ago, five newspaper companies were among the top 500.

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 Estee Lauder's (NYSE: EL ) net income doubles as revenue rises fast overseas

Dominion Lending Centres Clearlease Reports Estee Lauder’s (NYSE: EL ) net income doubles as revenue rises fast overseas

Dominion Lending Centres Clearlease Reports Estee Lauder’s (NYSE: EL ) net income doubles as revenue rises fast overseas

VANCOUVER, BC – (May 6, 2011) Clearlease Reports Estee Lauder’s (NYSE: EL ) Strong overseas sales and continuing cost-cutting helped more than double third-quarter net income at cosmetics seller Estee Lauder, the company said Thursday May 5, 2011.

The company raised its forecast for full-year earnings as it reported net income of $125 million, or 62 cents per share, for the quarter that ended in March. That’s more than double the $58 million, or 28 cents per share, it reported a year earlier.

Estee Lauder Companies Inc. sells higher-end makeup, perfumes and skin care products under brands including Clinique, Bobbi Brown and Donna Karan. In an interview with The Associated Press, CEO Fabrizio Freda said he believes that confidence is improving in the U.S., at least among the more-affluent customers that his company targets.

“They’re buying, and they seem to be more interested in quality and service, and we are being rewarded by this new trend,” Freda said.

Emerging markets including Brazil, China and South Africa helped drive sales, Freda said, though demand softened in some Western European countries such as Portugal and Spain.

Freda said rising prices for commodities such as fuel or wood pulp were “not particularly relevant” to Estee Lauder. He said he doesn’t plan to raise prices above inflation trends. Many retailers and consumer product makers are charging their customers more in an effort to offset the higher commodity costs.

Oppenheimer & Co. analyst Joe Altobello said Estee Lauder is benefiting from new products as well as a healthy upper-income consumer. New products include skin creams that are supposed to reduce wrinkles and dark spots.

But Altobello said he believed the company’s shares had already priced in those benefits, and he left his “perform” rating unchanged.

Estee Lauder’s shares rose $1.13, a little more than 1 per cent, to $96.94 by mid-day.

Excluding one-time items, the company said it earned 71 cents per share, beating analysts’ average forecast for 57 cents per share, according to FactSet.

Revenue rose 16 per cent to $2.17 billion, beating analysts’ average forecast for $2.04 billion.

Makeup sales rose faster than skin care, hair care and perfume, partly because of Estee Lauder’s purchase last summer of Smashbox.

Estee Lauder said its revenue rose 20 per cent in Europe, the Middle East and Africa, and it expects strong growth to continue in those regions. It was more cautious about the Americas, where sales rose 12 per cent overall.

Online sales in the U.S. and Latin America increased by double digits, the company said. In Africa, the company sells only in South Africa. In the Middle East, it sells in more-developed countries such as the United Arab Emirates.

Estee Lauder introduced an aggressive cost-cutting plan in 2009, the depths of the recession, that includes cutting jobs, slashing inventory and outsourcing. The company expects to record a charge of $60 million to $70 million for the year to account for the changes.

In the third quarter, Estee Lauder recorded a charge of $36 million to reflect the declining value of its Ojon hair care brand.

Estee Lauder raised its forecast for full-year earnings to $3.55 to $3.65 per share, excluding one-time items. In March, it predicted earnings of $3.20 to $3.43 per share for the year.

Freda said the company’s broad portfolio helps.

The company expects to increase advertising through June as it launches new products.

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 Estee Lauder's (NYSE: EL ) net income doubles as revenue rises fast overseas

VANCOUVER, BC – (May 6, 2011) Clearlease Reports Estee Lauder’s (NYSE: EL ) Strong overseas sales and continuing cost-cutting helped more than double third-quarter net income at cosmetics seller Estee Lauder, the company said Thursday May 5, 2011.

The company raised its forecast for full-year earnings as it reported net income of $125 million, or 62 cents per share, for the quarter that ended in March. That’s more than double the $58 million, or 28 cents per share, it reported a year earlier.

Estee Lauder Companies Inc. sells higher-end makeup, perfumes and skin care products under brands including Clinique, Bobbi Brown and Donna Karan. In an interview with The Associated Press, CEO Fabrizio Freda said he believes that confidence is improving in the U.S., at least among the more-affluent customers that his company targets.

“They’re buying, and they seem to be more interested in quality and service, and we are being rewarded by this new trend,” Freda said.

Emerging markets including Brazil, China and South Africa helped drive sales, Freda said, though demand softened in some Western European countries such as Portugal and Spain.

Freda said rising prices for commodities such as fuel or wood pulp were “not particularly relevant” to Estee Lauder. He said he doesn’t plan to raise prices above inflation trends. Many retailers and consumer product makers are charging their customers more in an effort to offset the higher commodity costs.

Oppenheimer & Co. analyst Joe Altobello said Estee Lauder is benefiting from new products as well as a healthy upper-income consumer. New products include skin creams that are supposed to reduce wrinkles and dark spots.

But Altobello said he believed the company’s shares had already priced in those benefits, and he left his “perform” rating unchanged.

Estee Lauder’s shares rose $1.13, a little more than 1 per cent, to $96.94 by mid-day.

Excluding one-time items, the company said it earned 71 cents per share, beating analysts’ average forecast for 57 cents per share, according to FactSet.

Revenue rose 16 per cent to $2.17 billion, beating analysts’ average forecast for $2.04 billion.

Makeup sales rose faster than skin care, hair care and perfume, partly because of Estee Lauder’s purchase last summer of Smashbox.

Estee Lauder said its revenue rose 20 per cent in Europe, the Middle East and Africa, and it expects strong growth to continue in those regions. It was more cautious about the Americas, where sales rose 12 per cent overall.

Online sales in the U.S. and Latin America increased by double digits, the company said. In Africa, the company sells only in South Africa. In the Middle East, it sells in more-developed countries such as the United Arab Emirates.

Estee Lauder introduced an aggressive cost-cutting plan in 2009, the depths of the recession, that includes cutting jobs, slashing inventory and outsourcing. The company expects to record a charge of $60 million to $70 million for the year to account for the changes.

In the third quarter, Estee Lauder recorded a charge of $36 million to reflect the declining value of its Ojon hair care brand.

Estee Lauder raised its forecast for full-year earnings to $3.55 to $3.65 per share, excluding one-time items. In March, it predicted earnings of $3.20 to $3.43 per share for the year.

Freda said the company’s broad portfolio helps.

The company expects to increase advertising through June as it launches new products.

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 Estee Lauder’s (NYSE: EL ) net income doubles as revenue rises fast overseas

VANCOUVER, BC – (May 6, 2011) Clearlease Reports Estee Lauder’s (NYSE: EL ) Strong overseas sales and continuing cost-cutting helped more than double third-quarter net income at cosmetics seller Estee Lauder, the company said Thursday May 5, 2011.

The company raised its forecast for full-year earnings as it reported net income of $125 million, or 62 cents per share, for the quarter that ended in March. That’s more than double the $58 million, or 28 cents per share, it reported a year earlier.

Estee Lauder Companies Inc. sells higher-end makeup, perfumes and skin care products under brands including Clinique, Bobbi Brown and Donna Karan. In an interview with The Associated Press, CEO Fabrizio Freda said he believes that confidence is improving in the U.S., at least among the more-affluent customers that his company targets.

“They’re buying, and they seem to be more interested in quality and service, and we are being rewarded by this new trend,” Freda said.

Emerging markets including Brazil, China and South Africa helped drive sales, Freda said, though demand softened in some Western European countries such as Portugal and Spain.

Freda said rising prices for commodities such as fuel or wood pulp were “not particularly relevant” to Estee Lauder. He said he doesn’t plan to raise prices above inflation trends. Many retailers and consumer product makers are charging their customers more in an effort to offset the higher commodity costs.

Oppenheimer & Co. analyst Joe Altobello said Estee Lauder is benefiting from new products as well as a healthy upper-income consumer. New products include skin creams that are supposed to reduce wrinkles and dark spots.

But Altobello said he believed the company’s shares had already priced in those benefits, and he left his “perform” rating unchanged.

Estee Lauder’s shares rose $1.13, a little more than 1 per cent, to $96.94 by mid-day.

Excluding one-time items, the company said it earned 71 cents per share, beating analysts’ average forecast for 57 cents per share, according to FactSet.

Revenue rose 16 per cent to $2.17 billion, beating analysts’ average forecast for $2.04 billion.

Makeup sales rose faster than skin care, hair care and perfume, partly because of Estee Lauder’s purchase last summer of Smashbox.

Estee Lauder said its revenue rose 20 per cent in Europe, the Middle East and Africa, and it expects strong growth to continue in those regions. It was more cautious about the Americas, where sales rose 12 per cent overall.

Online sales in the U.S. and Latin America increased by double digits, the company said. In Africa, the company sells only in South Africa. In the Middle East, it sells in more-developed countries such as the United Arab Emirates.

Estee Lauder introduced an aggressive cost-cutting plan in 2009, the depths of the recession, that includes cutting jobs, slashing inventory and outsourcing. The company expects to record a charge of $60 million to $70 million for the year to account for the changes.

In the third quarter, Estee Lauder recorded a charge of $36 million to reflect the declining value of its Ojon hair care brand.

Estee Lauder raised its forecast for full-year earnings to $3.55 to $3.65 per share, excluding one-time items. In March, it predicted earnings of $3.20 to $3.43 per share for the year.

Freda said the company’s broad portfolio helps.

The company expects to increase advertising through June as it launches new products.

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 Great-West Lifeco Inc. (TSX:GWO) Q1 2011 profits fell to $415M from $428M

Dominion Lending Centres Clearlease Reports Great-West Lifeco Inc. (TSX:GWO) Q1 2011 profits fell to $415M from $428M

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Great-West Lifeco Inc. (TSX:GWO), one of Canada’s largest insurance companies, took a big charge for earthquake and tsunami losses in Japan, which eroded its net profits in the latest quarter.

The Winnipeg company says it generated net earnings attributable to common shareholders of $415 million or 43.8 cents a share in the first quarter ended March 31.

That compares with earnings of $428 million or 45.2 cents last year.

Included in the results was the establishment of catastrophe provisions, relating to the earthquake events in Japan and New Zealand. Those provisions impacted earnings by $75 million or eight cents a share.

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 Great-West Lifeco Inc. (TSX:GWO) Q1 2011 profits fell to $415M from $428M

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Great-West Lifeco Inc. (TSX:GWO), one of Canada’s largest insurance companies, took a big charge for earthquake and tsunami losses in Japan, which eroded its net profits in the latest quarter.

The Winnipeg company says it generated net earnings attributable to common shareholders of $415 million or 43.8 cents a share in the first quarter ended March 31.

That compares with earnings of $428 million or 45.2 cents last year.

Included in the results was the establishment of catastrophe provisions, relating to the earthquake events in Japan and New Zealand. Those provisions impacted earnings by $75 million or eight cents a share.

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 Great-West Lifeco Inc. (TSX:GWO) Q1 2011 profits fell to $415M from $428M

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Great-West Lifeco Inc. (TSX:GWO), one of Canada’s largest insurance companies, took a big charge for earthquake and tsunami losses in Japan, which eroded its net profits in the latest quarter.

The Winnipeg company says it generated net earnings attributable to common shareholders of $415 million or 43.8 cents a share in the first quarter ended March 31.

That compares with earnings of $428 million or 45.2 cents last year.

Included in the results was the establishment of catastrophe provisions, relating to the earthquake events in Japan and New Zealand. Those provisions impacted earnings by $75 million or eight cents a share.

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 Loonie lower, oil slides amid poor U.S. data, fallout from silver price tumble

Dominion Lending Centres Clearlease Reports Loonie lower, oil slides amid poor U.S. data, fallout from silver price tumble

Dominion Lending Centres Clearlease Reports Loonie lower, oil slides amid poor U.S. data, fallout from silver price tumble

VANCOUVER, BC – (May 5, 2011) Clearlease Reports The Canadian dollar was down almost a full US cent Thursday at midday as oil prices continued to slide amid worries about the U.S. economy and volatility spreading across many commodity sectors.

The currency lost 0.98 of a cent to 103.31 cents US, adding up to a drop of more than two cents this week as prices have also fallen sharply for gold, silver and copper.

The June crude contract on the New York Mercantile Exchange dropped $3.64 to US$105.60 a barrel, down from a 2½-year high above US$114 late last week.

Metal prices also retreated with the June gold contract on the Nymex down $18.50 to US$1,496.80.

Silver prices also continued to tumble with the July silver contract in New York down $2.92 to US$36.47 an ounce.

The drop came after the main U.S. metals exchange announced further hikes to margin requirements, or the money needed to put up to trade the previous metal.

The latest hike amounts to an 84 per cent increase in margin requirements in two weeks by CME Group Ltd., spread over four separate changes.

Silver prices are down over 20 per cent this week and analysts say volatility in the sector has spread to other areas since investors have been forced to sell other securities to meet higher margin calls. Silver had surged from under US$31 an ounce late last year to almost US$50 at the end of last week

Worries about U.S economic growth have grown this week, reflecting a disappointing read on employment growth and much lower than expected expansion in the service sector. The poor economic news had helped push oil down almost US$2 on Wednesday.

And on Thursday, the U.S. Labour Department reported that claims for unemployment insurance surged to 474,000 last week from 431,000. The U.S. government is scheduled to announce April non-farm payroll numbers Friday.

Traders are also looking ahead to the release of Canadian employment data for April on Friday. Economists expect that about 20,000 jobs were created last month.

Meanwhile, the European Central Bank left its key interest rate unchanged at 1.25 per cent after raising rates a quarter-point last month from the record low of one per cent and has made it clear that more increases are coming to contain inflation.

The Bank of England announced it was keeping its key interest rate at a record low of 0.5 per cent amid sluggish economic growth and a surprise drop in the inflation rate.

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 Loonie lower, oil slides amid poor U.S. data, fallout from silver price tumble

VANCOUVER, BC – (May 5, 2011) Clearlease Reports The Canadian dollar was down almost a full US cent Thursday at midday as oil prices continued to slide amid worries about the U.S. economy and volatility spreading across many commodity sectors.

The currency lost 0.98 of a cent to 103.31 cents US, adding up to a drop of more than two cents this week as prices have also fallen sharply for gold, silver and copper.

The June crude contract on the New York Mercantile Exchange dropped $3.64 to US$105.60 a barrel, down from a 2½-year high above US$114 late last week.

Metal prices also retreated with the June gold contract on the Nymex down $18.50 to US$1,496.80.

Silver prices also continued to tumble with the July silver contract in New York down $2.92 to US$36.47 an ounce.

The drop came after the main U.S. metals exchange announced further hikes to margin requirements, or the money needed to put up to trade the previous metal.

The latest hike amounts to an 84 per cent increase in margin requirements in two weeks by CME Group Ltd., spread over four separate changes.

Silver prices are down over 20 per cent this week and analysts say volatility in the sector has spread to other areas since investors have been forced to sell other securities to meet higher margin calls. Silver had surged from under US$31 an ounce late last year to almost US$50 at the end of last week

Worries about U.S economic growth have grown this week, reflecting a disappointing read on employment growth and much lower than expected expansion in the service sector. The poor economic news had helped push oil down almost US$2 on Wednesday.

And on Thursday, the U.S. Labour Department reported that claims for unemployment insurance surged to 474,000 last week from 431,000. The U.S. government is scheduled to announce April non-farm payroll numbers Friday.

Traders are also looking ahead to the release of Canadian employment data for April on Friday. Economists expect that about 20,000 jobs were created last month.

Meanwhile, the European Central Bank left its key interest rate unchanged at 1.25 per cent after raising rates a quarter-point last month from the record low of one per cent and has made it clear that more increases are coming to contain inflation.

The Bank of England announced it was keeping its key interest rate at a record low of 0.5 per cent amid sluggish economic growth and a surprise drop in the inflation rate.

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 Loonie lower, oil slides amid poor U.S. data, fallout from silver price tumble

VANCOUVER, BC – (May 5, 2011) Clearlease Reports The Canadian dollar was down almost a full US cent Thursday at midday as oil prices continued to slide amid worries about the U.S. economy and volatility spreading across many commodity sectors.

The currency lost 0.98 of a cent to 103.31 cents US, adding up to a drop of more than two cents this week as prices have also fallen sharply for gold, silver and copper.

The June crude contract on the New York Mercantile Exchange dropped $3.64 to US$105.60 a barrel, down from a 2½-year high above US$114 late last week.

Metal prices also retreated with the June gold contract on the Nymex down $18.50 to US$1,496.80.

Silver prices also continued to tumble with the July silver contract in New York down $2.92 to US$36.47 an ounce.

The drop came after the main U.S. metals exchange announced further hikes to margin requirements, or the money needed to put up to trade the previous metal.

The latest hike amounts to an 84 per cent increase in margin requirements in two weeks by CME Group Ltd., spread over four separate changes.

Silver prices are down over 20 per cent this week and analysts say volatility in the sector has spread to other areas since investors have been forced to sell other securities to meet higher margin calls. Silver had surged from under US$31 an ounce late last year to almost US$50 at the end of last week

Worries about U.S economic growth have grown this week, reflecting a disappointing read on employment growth and much lower than expected expansion in the service sector. The poor economic news had helped push oil down almost US$2 on Wednesday.

And on Thursday, the U.S. Labour Department reported that claims for unemployment insurance surged to 474,000 last week from 431,000. The U.S. government is scheduled to announce April non-farm payroll numbers Friday.

Traders are also looking ahead to the release of Canadian employment data for April on Friday. Economists expect that about 20,000 jobs were created last month.

Meanwhile, the European Central Bank left its key interest rate unchanged at 1.25 per cent after raising rates a quarter-point last month from the record low of one per cent and has made it clear that more increases are coming to contain inflation.

The Bank of England announced it was keeping its key interest rate at a record low of 0.5 per cent amid sluggish economic growth and a surprise drop in the inflation rate.

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 Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter

Dominion Lending Centres Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarterDominion Lending Centres Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarterDominion Lending Centres Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter

Dominion Lending Centres Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter, up from $98 million a year ago.

The oil and gas producer said the profit amounted to 63 cents per share, compared with 23 cents per share in the first quarter of 2010.

Oil and gas sales before royalties totalled $856 million, compared with $815 million in the same quarter last year.

Total production averaged 166,135 barrels of oil equivalent per day, up from 164,587 barrels in the first three months of 2010.

Penn West, which reorganized from a trust structure this year, has conventional oil operations in Alberta and Saskatchewan.

Last year, the company landed joint ventures with two major Asian investors to develop assets that would have otherwise laid dormant.

China Investment Corp. has agreed to invest $1.25 billion to move the company’s Peace River oilsands holdings ahead and Penn West has also signed a deal to form a 50-50 joint venture with a unit of Japan’s Mitsubishi Corp. to exploit its northeastern B.C. natural gas properties.

Mitsubishi, Japan’s largest general trading company, agreed to commit $850 million to the joint venture — $250 million in cash to acquire a half stake in the assets and $600 million for capital and development funding.

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 Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter, up from $98 million a year ago.

The oil and gas producer said the profit amounted to 63 cents per share, compared with 23 cents per share in the first quarter of 2010.

Oil and gas sales before royalties totalled $856 million, compared with $815 million in the same quarter last year.

Total production averaged 166,135 barrels of oil equivalent per day, up from 164,587 barrels in the first three months of 2010.

Penn West, which reorganized from a trust structure this year, has conventional oil operations in Alberta and Saskatchewan.

Last year, the company landed joint ventures with two major Asian investors to develop assets that would have otherwise laid dormant.

China Investment Corp. has agreed to invest $1.25 billion to move the company’s Peace River oilsands holdings ahead and Penn West has also signed a deal to form a 50-50 joint venture with a unit of Japan’s Mitsubishi Corp. to exploit its northeastern B.C. natural gas properties.

Mitsubishi, Japan’s largest general trading company, agreed to commit $850 million to the joint venture — $250 million in cash to acquire a half stake in the assets and $600 million for capital and development funding.

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 Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarterDominion Lending Centres Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter

VANCOUVER, BC – (May 5, 2011) Clearlease Reports Penn West Petroleum Ltd. (TSX:PWT) said Thursday it earned $291 million in its latest quarter, up from $98 million a year ago.

The oil and gas producer said the profit amounted to 63 cents per share, compared with 23 cents per share in the first quarter of 2010.

Oil and gas sales before royalties totalled $856 million, compared with $815 million in the same quarter last year.

Total production averaged 166,135 barrels of oil equivalent per day, up from 164,587 barrels in the first three months of 2010.

Penn West, which reorganized from a trust structure this year, has conventional oil operations in Alberta and Saskatchewan.

Last year, the company landed joint ventures with two major Asian investors to develop assets that would have otherwise laid dormant.

China Investment Corp. has agreed to invest $1.25 billion to move the company’s Peace River oilsands holdings ahead and Penn West has also signed a deal to form a 50-50 joint venture with a unit of Japan’s Mitsubishi Corp. to exploit its northeastern B.C. natural gas properties.

Mitsubishi, Japan’s largest general trading company, agreed to commit $850 million to the joint venture — $250 million in cash to acquire a half stake in the assets and $600 million for capital and development funding.

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 European Markets Fall As Lenders Slide

Dominion Lending Centres Clearlease Reports European Markets Fall As Lenders SlideDominion Lending Centres Clearlease Reports European Markets Fall As Lenders SlideDominion Lending Centres Clearlease Reports European Markets Fall As Lenders Slide

Dominion Lending Centres Clearlease Reports Reports European Markets Fall As Lenders Slide

VANCOUVER, BC – (May 5, 2011) Clearlease the European markets are in negative territory in afternoon trading Thursday, dragged down by lenders, ahead of the monetary policy decision from the European Central Bank. Sentiment was impacted by mixed earnings news and falling U.S. futures, as concerns about economic recovery discouraged risk-appetite.

The Euro Stoxx 50 index of euro zone blue chippers is losing 1.22 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is receding 0.88 percent.

The German DAX is declining 0.77 percent, and the French CAC 40 is slipping 1.17 percent. The UK’s FTSE 100 is dropping 0.79 percent, while Switzerland’s SMI is retreating 0.91 percent.

In Frankfurt, insurer Allianz is falling 3.7 percent, followed by BMW, which is down 1.5 percent. Cheuvreux reduced its rating on BMW to “Underperform” from “Outperform.” Meanwhile, Credit Suisse raised its price target on the stock to 80 euros from 70 euros.

Other car manufacturers Daimler and Volkswagen are declining 1.3 percent and 0.7 percent, respectively. However, truckmaker MAN is rising 0.8 percent.

Commerzbank is losing 1.6 percent and Deutsche Bank is falling 0.3 percent.

EON is down 1.3 percent after the utility reaffirmed its full year earnings view.

Adidas is gaining 4.2 percent. The sports goods giant upped its sales outlook for the year as first-quarter profit increased from last year. Personal care products maker Beiersdorf, which reported a rise in first-quarter profit, is gaining 1.6 percent.

Insurer Munich Re and detergent maker Henkel are rising 1.2 percent and 1.1 percent, respectively. Goldman Sachs raised its price target on Henkel to 50.10 euros from 49.30 euros.

Lender Societe Generale is declining 4.1 percent in Paris after reporting a drop in first-quarter profit. Credit Agricole and Natixis are notably lower. BNP Paribas is losing 0.5 percent

Car manufacturers Renault and Peugeot are receding 2.7 percent and 2.1 percent, respectively.

Cement giant Lafarge, which reported a loss for the first quarter, is modestly higher.

In London, Lloyds Banking Group is plunging 9.1 percent. The lender reported a hefty loss for the first quarter. Royal Bank of Scotland is declining 4.4 percent and Barclays is losing 2.1 percent.

Vedanta Resources is dropping 4.6 percent, despite reporting a surge in full year profit. Fresnillo, Kazakhmys, Xstrata, Anglo American, Rio Tinto and BHP Billiton are losing between 3.3 percent and 1.4 percent. However, Randgold Resources, which reported a surge in first-quarter profit, is up 0.6 percent.

In economic news, the U.K. service sector growth eased sharply in April following March’s surge, data from Markit Economics showed. The Purchasing Managers’ Index for the service sector fell to 54.3 from 57.1 in March. Economists had expected it to fall to 56 in April.

Meanwhile, the Bank of England left its key interest rate unchanged at a historic low of 0.5 percent again as expected and maintained the size of the quantitative easing at GBP 200 billion.

Across Asia/Pacific, markets had a mixed outing. Australia’s All Ordinaries added 0.31 percent and China’s Shanghai Composite Index gained 0.26 percent, while Hong Kong’s Hang Seng retreated 0.24 percent.

In the U.S., futures point to a negative open on Wall Street. In the previous session, the Dow fell 0.7 percent, the Nasdaq slipped 0.5 percent and the S&P 500 dropped 0.7 percent.

Crude for June delivery is sliding $2.25 to $106.99 per barrel and June gold is losing $12 to $1503.3 a troy ounce.

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 European Markets Fall As Lenders Slide

VANCOUVER, BC – (May 5, 2011) Clearlease the European markets are in negative territory in afternoon trading Thursday, dragged down by lenders, ahead of the monetary policy decision from the European Central Bank. Sentiment was impacted by mixed earnings news and falling U.S. futures, as concerns about economic recovery discouraged risk-appetite.

The Euro Stoxx 50 index of euro zone blue chippers is losing 1.22 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is receding 0.88 percent.

The German DAX is declining 0.77 percent, and the French CAC 40 is slipping 1.17 percent. The UK’s FTSE 100 is dropping 0.79 percent, while Switzerland’s SMI is retreating 0.91 percent.

In Frankfurt, insurer Allianz is falling 3.7 percent, followed by BMW, which is down 1.5 percent. Cheuvreux reduced its rating on BMW to “Underperform” from “Outperform.” Meanwhile, Credit Suisse raised its price target on the stock to 80 euros from 70 euros.

Other car manufacturers Daimler and Volkswagen are declining 1.3 percent and 0.7 percent, respectively. However, truckmaker MAN is rising 0.8 percent.

Commerzbank is losing 1.6 percent and Deutsche Bank is falling 0.3 percent.

EON is down 1.3 percent after the utility reaffirmed its full year earnings view.

Adidas is gaining 4.2 percent. The sports goods giant upped its sales outlook for the year as first-quarter profit increased from last year. Personal care products maker Beiersdorf, which reported a rise in first-quarter profit, is gaining 1.6 percent.

Insurer Munich Re and detergent maker Henkel are rising 1.2 percent and 1.1 percent, respectively. Goldman Sachs raised its price target on Henkel to 50.10 euros from 49.30 euros.

Lender Societe Generale is declining 4.1 percent in Paris after reporting a drop in first-quarter profit. Credit Agricole and Natixis are notably lower. BNP Paribas is losing 0.5 percent

Car manufacturers Renault and Peugeot are receding 2.7 percent and 2.1 percent, respectively.

Cement giant Lafarge, which reported a loss for the first quarter, is modestly higher.

In London, Lloyds Banking Group is plunging 9.1 percent. The lender reported a hefty loss for the first quarter. Royal Bank of Scotland is declining 4.4 percent and Barclays is losing 2.1 percent.

Vedanta Resources is dropping 4.6 percent, despite reporting a surge in full year profit. Fresnillo, Kazakhmys, Xstrata, Anglo American, Rio Tinto and BHP Billiton are losing between 3.3 percent and 1.4 percent. However, Randgold Resources, which reported a surge in first-quarter profit, is up 0.6 percent.

In economic news, the U.K. service sector growth eased sharply in April following March’s surge, data from Markit Economics showed. The Purchasing Managers’ Index for the service sector fell to 54.3 from 57.1 in March. Economists had expected it to fall to 56 in April.

Meanwhile, the Bank of England left its key interest rate unchanged at a historic low of 0.5 percent again as expected and maintained the size of the quantitative easing at GBP 200 billion.

Across Asia/Pacific, markets had a mixed outing. Australia’s All Ordinaries added 0.31 percent and China’s Shanghai Composite Index gained 0.26 percent, while Hong Kong’s Hang Seng retreated 0.24 percent.

In the U.S., futures point to a negative open on Wall Street. In the previous session, the Dow fell 0.7 percent, the Nasdaq slipped 0.5 percent and the S&P 500 dropped 0.7 percent.

Crude for June delivery is sliding $2.25 to $106.99 per barrel and June gold is losing $12 to $1503.3 a troy ounce.

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

Dominion Lending Centres Clearlease Reports Reports European Markets Fall As Lenders Slide

VANCOUVER, BC – (May 5, 2011) Clearlease the European markets are in negative territory in afternoon trading Thursday, dragged down by lenders, ahead of the monetary policy decision from the European Central Bank. Sentiment was impacted by mixed earnings news and falling U.S. futures, as concerns about economic recovery discouraged risk-appetite.

The Euro Stoxx 50 index of euro zone blue chippers is losing 1.22 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is receding 0.88 percent.

The German DAX is declining 0.77 percent, and the French CAC 40 is slipping 1.17 percent. The UK’s FTSE 100 is dropping 0.79 percent, while Switzerland’s SMI is retreating 0.91 percent.

In Frankfurt, insurer Allianz is falling 3.7 percent, followed by BMW, which is down 1.5 percent. Cheuvreux reduced its rating on BMW to “Underperform” from “Outperform.” Meanwhile, Credit Suisse raised its price target on the stock to 80 euros from 70 euros.

Other car manufacturers Daimler and Volkswagen are declining 1.3 percent and 0.7 percent, respectively. However, truckmaker MAN is rising 0.8 percent.

Commerzbank is losing 1.6 percent and Deutsche Bank is falling 0.3 percent.

EON is down 1.3 percent after the utility reaffirmed its full year earnings view.

Adidas is gaining 4.2 percent. The sports goods giant upped its sales outlook for the year as first-quarter profit increased from last year. Personal care products maker Beiersdorf, which reported a rise in first-quarter profit, is gaining 1.6 percent.

Insurer Munich Re and detergent maker Henkel are rising 1.2 percent and 1.1 percent, respectively. Goldman Sachs raised its price target on Henkel to 50.10 euros from 49.30 euros.

Lender Societe Generale is declining 4.1 percent in Paris after reporting a drop in first-quarter profit. Credit Agricole and Natixis are notably lower. BNP Paribas is losing 0.5 percent

Car manufacturers Renault and Peugeot are receding 2.7 percent and 2.1 percent, respectively.

Cement giant Lafarge, which reported a loss for the first quarter, is modestly higher.

In London, Lloyds Banking Group is plunging 9.1 percent. The lender reported a hefty loss for the first quarter. Royal Bank of Scotland is declining 4.4 percent and Barclays is losing 2.1 percent.

Vedanta Resources is dropping 4.6 percent, despite reporting a surge in full year profit. Fresnillo, Kazakhmys, Xstrata, Anglo American, Rio Tinto and BHP Billiton are losing between 3.3 percent and 1.4 percent. However, Randgold Resources, which reported a surge in first-quarter profit, is up 0.6 percent.

In economic news, the U.K. service sector growth eased sharply in April following March’s surge, data from Markit Economics showed. The Purchasing Managers’ Index for the service sector fell to 54.3 from 57.1 in March. Economists had expected it to fall to 56 in April.

Meanwhile, the Bank of England left its key interest rate unchanged at a historic low of 0.5 percent again as expected and maintained the size of the quantitative easing at GBP 200 billion.

Across Asia/Pacific, markets had a mixed outing. Australia’s All Ordinaries added 0.31 percent and China’s Shanghai Composite Index gained 0.26 percent, while Hong Kong’s Hang Seng retreated 0.24 percent.

In the U.S., futures point to a negative open on Wall Street. In the previous session, the Dow fell 0.7 percent, the Nasdaq slipped 0.5 percent and the S&P 500 dropped 0.7 percent.

Crude for June delivery is sliding $2.25 to $106.99 per barrel and June gold is losing $12 to $1503.3 a troy ounce.

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 stocks remain mostly lower in mid-morning trading on Thursday

Dominion Lending Centres Clearlease Reports stocks remain mostly lower in mid-morning trading on Thursday

VANCOUVER, BC – (May 5, 2011) Clearlease Reports After showing a notable move to the downside at the open, stocks remain mostly lower in mid-morning trading on Thursday. The markets have reacted negatively to some disappointing jobs data, although selling pressure has waned from earlier in the session.

While the Nasdaq has bounced off its lows and briefly turned positive, the Dow and the S&P 500 are firmly in the red. The Dow is down 78.18 points or 0.6 percent at 12,645.40 and the S&P 500 is down 7.14 points or 0.5 percent at 1,340.18, while the Nasdaq is down 5.62 points or 0.2 percent at 2,822.61

The steep drop seen at the start of trading came following the release of a report from the Labor Department showing that initial jobless claims unexpectedly jumped to an eight-month high in the week ended April 30th.

The report showed that initial jobless claims rose by 43,000 to 474,000 from the previous week’s revised figure of 431,000. The increase surprised economists, who had expected jobless claims to fall to 410,000 from the 429,000 originally reported for the previous week.

While Labor Department officials cited unusual factors that contributed to the unexpected increase in claims, the data has still added to recent concerns about the monthly jobs report due to be released on Friday. The closely watched report is expected to show the addition of 185,000 jobs in April.

Traders largely shrugged off the release of a separate Labor Department report showing a bigger than expected increase in labor productivity in the first quarter. The report also showed that labor costs rose by more than anticipated.

On the earnings front, auto giant General Motors (GM) is down by 2.5 percent despite reporting first quarter net income that surged up to $3.2 billion or $1.77 per share from $865 million or $0.55 per share in the year-ago quarter. The profit growth came as revenues increased by 15 percent to $36.2 billion.

Excluding items, GM reported earnings for the quarter of $0.95 per share compared to analyst estimates for earnings of $0.91 per share. The company also said that it expects its full year 2011 adjusted earnings to show “solid improvement” compared to 2010.

Meanwhile, shares of Cigna (CI) are up by 2.6 percent after the insurer reported first quarter adjusted earnings of $1.37 per share on revenues of $5.41 billion, while analysts expected earnings of $1.09 per share on $5.45 billion in revenue.

The company also forecast full year adjusted earnings of $4.65 to $5 per share compared to estimates for $4.73 per share.

Sector News

With the price of crude oil falling sharply on the day, considerable weakness is visible among oil producer stocks. The NYSE Arca Oil Index is currently down by 1.4 percent, pulling back further off last Friday’s nearly three-year closing high.

The weakness in the sector comes as crude for June delivery has fallen $4.13 to $105.11 a barrel, extending the recent downward move since reaching a two and a half year high last Friday.

Gold stocks have also come under pressure on the day, moving lower along with the price of the precious metal. With gold for June delivery falling by $9.30 to $1,506 an ounce, the NYSE Arca Gold Bugs Index is currently down by 1.9 percent.

While weakness is also visible among financial and pharmaceutical stocks, the steep drop by the price of crude oil has contributed to significant strength in the oil-sensitive airline sector. After reaching a nearly two-month intraday high in earlier trading, the NYSE Arca Airline Index is currently up by 1.4 percent.

Trucking and networking stocks are also seeing notable strength on the day, with the Dow Jones Trucking Index and the NYSE Arca Networking Index advancing by 1.3 percent and 1 percent, respectively.

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 stocks remain mostly lower in mid-morning trading on Thursday

VANCOUVER, BC – (May 5, 2011) Clearlease Reports After showing a notable move to the downside at the open, stocks remain mostly lower in mid-morning trading on Thursday. The markets have reacted negatively to some disappointing jobs data, although selling pressure has waned from earlier in the session.

While the Nasdaq has bounced off its lows and briefly turned positive, the Dow and the S&P 500 are firmly in the red. The Dow is down 78.18 points or 0.6 percent at 12,645.40 and the S&P 500 is down 7.14 points or 0.5 percent at 1,340.18, while the Nasdaq is down 5.62 points or 0.2 percent at 2,822.61

The steep drop seen at the start of trading came following the release of a report from the Labor Department showing that initial jobless claims unexpectedly jumped to an eight-month high in the week ended April 30th.

The report showed that initial jobless claims rose by 43,000 to 474,000 from the previous week’s revised figure of 431,000. The increase surprised economists, who had expected jobless claims to fall to 410,000 from the 429,000 originally reported for the previous week.

While Labor Department officials cited unusual factors that contributed to the unexpected increase in claims, the data has still added to recent concerns about the monthly jobs report due to be released on Friday. The closely watched report is expected to show the addition of 185,000 jobs in April.

Traders largely shrugged off the release of a separate Labor Department report showing a bigger than expected increase in labor productivity in the first quarter. The report also showed that labor costs rose by more than anticipated.

On the earnings front, auto giant General Motors (GM) is down by 2.5 percent despite reporting first quarter net income that surged up to $3.2 billion or $1.77 per share from $865 million or $0.55 per share in the year-ago quarter. The profit growth came as revenues increased by 15 percent to $36.2 billion.

Excluding items, GM reported earnings for the quarter of $0.95 per share compared to analyst estimates for earnings of $0.91 per share. The company also said that it expects its full year 2011 adjusted earnings to show “solid improvement” compared to 2010.

Meanwhile, shares of Cigna (CI) are up by 2.6 percent after the insurer reported first quarter adjusted earnings of $1.37 per share on revenues of $5.41 billion, while analysts expected earnings of $1.09 per share on $5.45 billion in revenue.

The company also forecast full year adjusted earnings of $4.65 to $5 per share compared to estimates for $4.73 per share.

Sector News

With the price of crude oil falling sharply on the day, considerable weakness is visible among oil producer stocks. The NYSE Arca Oil Index is currently down by 1.4 percent, pulling back further off last Friday’s nearly three-year closing high.

The weakness in the sector comes as crude for June delivery has fallen $4.13 to $105.11 a barrel, extending the recent downward move since reaching a two and a half year high last Friday.

Gold stocks have also come under pressure on the day, moving lower along with the price of the precious metal. With gold for June delivery falling by $9.30 to $1,506 an ounce, the NYSE Arca Gold Bugs Index is currently down by 1.9 percent.

While weakness is also visible among financial and pharmaceutical stocks, the steep drop by the price of crude oil has contributed to significant strength in the oil-sensitive airline sector. After reaching a nearly two-month intraday high in earlier trading, the NYSE Arca Airline Index is currently up by 1.4 percent.

Trucking and networking stocks are also seeing notable strength on the day, with the Dow Jones Trucking Index and the NYSE Arca Networking Index advancing by 1.3 percent and 1 percent, respectively.

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 stocks remain mostly lower in mid-morning trading on Thursday

VANCOUVER, BC – (May 5, 2011) Clearlease Reports After showing a notable move to the downside at the open, stocks remain mostly lower in mid-morning trading on Thursday. The markets have reacted negatively to some disappointing jobs data, although selling pressure has waned from earlier in the session.

While the Nasdaq has bounced off its lows and briefly turned positive, the Dow and the S&P 500 are firmly in the red. The Dow is down 78.18 points or 0.6 percent at 12,645.40 and the S&P 500 is down 7.14 points or 0.5 percent at 1,340.18, while the Nasdaq is down 5.62 points or 0.2 percent at 2,822.61

The steep drop seen at the start of trading came following the release of a report from the Labor Department showing that initial jobless claims unexpectedly jumped to an eight-month high in the week ended April 30th.

The report showed that initial jobless claims rose by 43,000 to 474,000 from the previous week’s revised figure of 431,000. The increase surprised economists, who had expected jobless claims to fall to 410,000 from the 429,000 originally reported for the previous week.

While Labor Department officials cited unusual factors that contributed to the unexpected increase in claims, the data has still added to recent concerns about the monthly jobs report due to be released on Friday. The closely watched report is expected to show the addition of 185,000 jobs in April.

Traders largely shrugged off the release of a separate Labor Department report showing a bigger than expected increase in labor productivity in the first quarter. The report also showed that labor costs rose by more than anticipated.

On the earnings front, auto giant General Motors (GM) is down by 2.5 percent despite reporting first quarter net income that surged up to $3.2 billion or $1.77 per share from $865 million or $0.55 per share in the year-ago quarter. The profit growth came as revenues increased by 15 percent to $36.2 billion.

Excluding items, GM reported earnings for the quarter of $0.95 per share compared to analyst estimates for earnings of $0.91 per share. The company also said that it expects its full year 2011 adjusted earnings to show “solid improvement” compared to 2010.

Meanwhile, shares of Cigna (CI) are up by 2.6 percent after the insurer reported first quarter adjusted earnings of $1.37 per share on revenues of $5.41 billion, while analysts expected earnings of $1.09 per share on $5.45 billion in revenue.

The company also forecast full year adjusted earnings of $4.65 to $5 per share compared to estimates for $4.73 per share.

Sector News

With the price of crude oil falling sharply on the day, considerable weakness is visible among oil producer stocks. The NYSE Arca Oil Index is currently down by 1.4 percent, pulling back further off last Friday’s nearly three-year closing high.

The weakness in the sector comes as crude for June delivery has fallen $4.13 to $105.11 a barrel, extending the recent downward move since reaching a two and a half year high last Friday.

Gold stocks have also come under pressure on the day, moving lower along with the price of the precious metal. With gold for June delivery falling by $9.30 to $1,506 an ounce, the NYSE Arca Gold Bugs Index is currently down by 1.9 percent.

While weakness is also visible among financial and pharmaceutical stocks, the steep drop by the price of crude oil has contributed to significant strength in the oil-sensitive airline sector. After reaching a nearly two-month intraday high in earlier trading, the NYSE Arca Airline Index is currently up by 1.4 percent.

Trucking and networking stocks are also seeing notable strength on the day, with the Dow Jones Trucking Index and the NYSE Arca Networking Index advancing by 1.3 percent and 1 percent, respectively.

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