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Dominion Lending Centres Clearlease Reports Canaccord Financial Inc. (TSX: CF, AIM: CF.) scheduled to release Q4 and fiscal 2011 financial information

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Canaccord Financial Inc. (TSX: CF, AIM: CF.) is scheduled to release its fourth quarter and fiscal 2011 year-end earnings and supplementary financial information on Tuesday, May 17, 2011, after market close on the TSX. Interested investors, the media and other stakeholders may review the earnings release and supplementary financial information at www.canaccordfinancial.com.

QUARTERLY CONFERENCE CALL AND WEBCAST:

Interested parties are invited to listen to Canaccord’s fourth quarter fiscal 2011 results conference call with analysts and institutional investors, via a live webcast or a toll free number. The conference call is scheduled for Wednesday, May 18, 2011 at 5:00 a.m. (Pacific Time), 8:00 a.m. (Eastern Time) and 1:00 p.m. (UK Time). At that time, senior executives will comment on the results for the fourth quarter and fiscal 2011 year and respond to questions from analysts and institutional investors.

The conference call may be accessed live and archived on a listen-only basis via the internet at: www.canaccordfinancial.com/EN/NewsEvents/Pages/Events.aspx

Analysts and institutional investors can call in via telephone at:

* 647-427-7450 (within Toronto)
* 1-888-231-8191 (toll free outside Toronto)
* 0-800-051-7107 (toll free from the United Kingdom)
* 10-800-714-1191 (toll free from Northern China)
* 10-800-140-1195 (toll free from Southern China)

Please request to participate in Canaccord Financial’s Q4/11 earnings call and enter passcode 59939918.

A replay of the conference call can be accessed after 8:00 a.m. (Pacific Time), 11:00 a.m. (Eastern Time) and 4:00 p.m. (UK Time) on May 18, 2011 until July 1, 2011 at 416-849-0833 or 1-800-642-1687 by entering passcode 59939918.

ABOUT CANACCORD FINANCIAL INC.:

Through its principal subsidiaries, Canaccord Financial Inc. is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and global capital markets. Since its establishment in 1950, Canaccord has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. Canaccord has 46 offices worldwide, including 32 Wealth Management offices located across Canada. Canaccord Genuity, the international capital markets division, operates in Canada, the U.S., the U.K., China and Barbados.

Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on AIM, a market operated by the London Stock Exchange.

Contacts

North American media:
Scott Davidson
Managing Director
Global Head of Marketing & Communications
Phone: 416-869-3875
Email: [email protected]

Investor relations inquiries:
Jamie Kokoska
Manager
Investor Relations & Communications
Phone: 416-869-3891
Email: [email protected]

London media:
Bobby Morse or Ben Romney
Buchanan Communications (London)
Phone: +44 (0) 207 466 5000
Email: [email protected]

Nominated Adviser and Joint Broker:
Marc Milmo or Carl Holmes
Charles Stanley Securities
Phone: +44 020 7149 6764
Email: [email protected]

Joint Broker:
Oliver Hearsey or Nick Triggs
Keefe
Bruyette & Woods Limited
Phone: +44 (0) 20 7663 5400
Email: [email protected]

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Canaccord Financial Inc. (TSX: CF, AIM: CF.) is scheduled to release its fourth quarter and fiscal 2011 year-end earnings and supplementary financial information on Tuesday, May 17, 2011, after market close on the TSX. Interested investors, the media and other stakeholders may review the earnings release and supplementary financial information at www.canaccordfinancial.com.

QUARTERLY CONFERENCE CALL AND WEBCAST:

Interested parties are invited to listen to Canaccord’s fourth quarter fiscal 2011 results conference call with analysts and institutional investors, via a live webcast or a toll free number. The conference call is scheduled for Wednesday, May 18, 2011 at 5:00 a.m. (Pacific Time), 8:00 a.m. (Eastern Time) and 1:00 p.m. (UK Time). At that time, senior executives will comment on the results for the fourth quarter and fiscal 2011 year and respond to questions from analysts and institutional investors.

The conference call may be accessed live and archived on a listen-only basis via the internet at: www.canaccordfinancial.com/EN/NewsEvents/Pages/Events.aspx

Analysts and institutional investors can call in via telephone at:

* 647-427-7450 (within Toronto)
* 1-888-231-8191 (toll free outside Toronto)
* 0-800-051-7107 (toll free from the United Kingdom)
* 10-800-714-1191 (toll free from Northern China)
* 10-800-140-1195 (toll free from Southern China)

Please request to participate in Canaccord Financial’s Q4/11 earnings call and enter passcode 59939918.

A replay of the conference call can be accessed after 8:00 a.m. (Pacific Time), 11:00 a.m. (Eastern Time) and 4:00 p.m. (UK Time) on May 18, 2011 until July 1, 2011 at 416-849-0833 or 1-800-642-1687 by entering passcode 59939918.

ABOUT CANACCORD FINANCIAL INC.:

Through its principal subsidiaries, Canaccord Financial Inc. is a leading independent, full-service financial services firm, with operations in two principal segments of the securities industry: wealth management and global capital markets. Since its establishment in 1950, Canaccord has been driven by an unwavering commitment to building lasting client relationships. We achieve this by generating value for our individual, institutional and corporate clients through comprehensive investment solutions, brokerage services and investment banking services. Canaccord has 46 offices worldwide, including 32 Wealth Management offices located across Canada. Canaccord Genuity, the international capital markets division, operates in Canada, the U.S., the U.K., China and Barbados.

Canaccord Financial Inc. is publicly traded under the symbol CF on the TSX and the symbol CF. on AIM, a market operated by the London Stock Exchange.

Contacts

North American media:
Scott Davidson
Managing Director
Global Head of Marketing & Communications
Phone: 416-869-3875
Email: [email protected]

Investor relations inquiries:
Jamie Kokoska
Manager
Investor Relations & Communications
Phone: 416-869-3891
Email: [email protected]

London media:
Bobby Morse or Ben Romney
Buchanan Communications (London)
Phone: +44 (0) 207 466 5000
Email: [email protected]

Nominated Adviser and Joint Broker:
Marc Milmo or Carl Holmes
Charles Stanley Securities
Phone: +44 020 7149 6764
Email: [email protected]

Joint Broker:
Oliver Hearsey or Nick Triggs
Keefe
Bruyette & Woods Limited
Phone: +44 (0) 20 7663 5400
Email: [email protected]

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

North American media:
Scott Davidson
Managing Director
Global Head of Marketing & Communications
Phone: 416-869-3875
Email: [email protected]

Investor relations inquiries:
Jamie Kokoska
Manager
Investor Relations & Communications
Phone: 416-869-3891
Email: [email protected]

London media:
Bobby Morse or Ben Romney
Buchanan Communications (London)
Phone: +44 (0) 207 466 5000
Email: [email protected]

Nominated Adviser and Joint Broker:
Marc Milmo or Carl Holmes
Charles Stanley Securities
Phone: +44 020 7149 6764
Email: [email protected]

Joint Broker:
Oliver Hearsey or Nick Triggs
Keefe
Bruyette & Woods Limited
Phone: +44 (0) 20 7663 5400
Email: [email protected]

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

Dominion Lending Centres Clearlease Reports European stocks slip after bin Laden killing

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Europe’s main stock markets slid on Tuesday, as London traders returned from a four-day holiday weekend and euphoria faded over the killing of al-Qaeda leader Osama bin Laden, analysts said.

London’s benchmark FTSE 100 index fell 0.17 percent to 6,059.80 points in late morning deals, erasing earlier gains. The market was closed on Friday for Britain’s royal wedding, and on Monday for a regular bank holiday.

In Paris on Tuesday, the CAC 40 index retreated 0.75 percent to 4,077.02 points and Frankfurt’s DAX 30 dipped 0.92 percent to 7,458.22.

French and German shares had risen on Monday in reaction, as traders sought riskier assets and mulled the possible effects on reducing instability in the world, notably in the Middle East.

“Investors are in risk-averse mode after yesterday’s euphoric market reaction to the death of Osama bin Laden by US special forces,” said analyst Kathleen Brooks at trading site Forex.com.

“Today stocks are lower and currencies at the riskier end of the FX spectrum have come under pressure as investors remain on the side lines.”

In a dramatic announcement, the White House revealed on Sunday that US forces had killed the al-Qaeda chief behind the September 11, 2001 attacks, at his secret compound in Pakistan.

“Bin Laden’s death has no clear implications for markets in my view and I am not sure that his death necessarily means a reduction in risk premia despite initial knee-jerk reactions,” said VTB Capital economist Neil MacKinnon.

On Thursday, investor attention will return to interest rate decisions in the eurozone and Britain.

The European Central Bank is expected to keep its key interest rate at 1.25 percent, but may signal a further increase amid climbing prices in the 17-nation eurozone.

And the Bank of England was forecast to keep its key lending rate at a record low 0.50 percent amid flat economic growth.

Market watchers remain concerned that the eurozone debt crisis might threaten Spain, in the wake of bailouts for Greece and Ireland, and negotiations on a rescue for Portugal.

“Stock markets are looking a bit hung over this morning,” GFT analyst David Morrison said on Tuesday.

“Any relief attached to the death of bin Laden has disappeared, and instead we are looking for a fresh catalyst to drive the markets higher.

“Equities are struggling, as traders are forced to confront the debt problems faced by the eurozone,” he added.

In earlier trading on Tuesday, Asian stocks also enjoyed a mixed performance amid gloom over European debt after Wall Street failed to provide any inspiration despite an initial bounce on news that bin Laden was dead.

Sydney fell 0.84 percent and Seoul dropped 1.27 percent, while Hong Kong scraped into positive territory. Tokyo was closed for the first day of a three-day holiday.

Across the Atlantic on Monday, Wall Street slipped as investors focused on weakness in the economy, despite news of bin Laden’s slaying.

The Dow Jones Industrial Average retreated by a marginal 0.02 percent to finish at 12,807.36 points.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Europe’s main stock markets slid on Tuesday, as London traders returned from a four-day holiday weekend and euphoria faded over the killing of al-Qaeda leader Osama bin Laden, analysts said.

London’s benchmark FTSE 100 index fell 0.17 percent to 6,059.80 points in late morning deals, erasing earlier gains. The market was closed on Friday for Britain’s royal wedding, and on Monday for a regular bank holiday.

In Paris on Tuesday, the CAC 40 index retreated 0.75 percent to 4,077.02 points and Frankfurt’s DAX 30 dipped 0.92 percent to 7,458.22.

French and German shares had risen on Monday in reaction, as traders sought riskier assets and mulled the possible effects on reducing instability in the world, notably in the Middle East.

“Investors are in risk-averse mode after yesterday’s euphoric market reaction to the death of Osama bin Laden by US special forces,” said analyst Kathleen Brooks at trading site Forex.com.

“Today stocks are lower and currencies at the riskier end of the FX spectrum have come under pressure as investors remain on the side lines.”

In a dramatic announcement, the White House revealed on Sunday that US forces had killed the al-Qaeda chief behind the September 11, 2001 attacks, at his secret compound in Pakistan.

“Bin Laden’s death has no clear implications for markets in my view and I am not sure that his death necessarily means a reduction in risk premia despite initial knee-jerk reactions,” said VTB Capital economist Neil MacKinnon.

On Thursday, investor attention will return to interest rate decisions in the eurozone and Britain.

The European Central Bank is expected to keep its key interest rate at 1.25 percent, but may signal a further increase amid climbing prices in the 17-nation eurozone.

And the Bank of England was forecast to keep its key lending rate at a record low 0.50 percent amid flat economic growth.

Market watchers remain concerned that the eurozone debt crisis might threaten Spain, in the wake of bailouts for Greece and Ireland, and negotiations on a rescue for Portugal.

“Stock markets are looking a bit hung over this morning,” GFT analyst David Morrison said on Tuesday.

“Any relief attached to the death of bin Laden has disappeared, and instead we are looking for a fresh catalyst to drive the markets higher.

“Equities are struggling, as traders are forced to confront the debt problems faced by the eurozone,” he added.

In earlier trading on Tuesday, Asian stocks also enjoyed a mixed performance amid gloom over European debt after Wall Street failed to provide any inspiration despite an initial bounce on news that bin Laden was dead.

Sydney fell 0.84 percent and Seoul dropped 1.27 percent, while Hong Kong scraped into positive territory. Tokyo was closed for the first day of a three-day holiday.

Across the Atlantic on Monday, Wall Street slipped as investors focused on weakness in the economy, despite news of bin Laden’s slaying.

The Dow Jones Industrial Average retreated by a marginal 0.02 percent to finish at 12,807.36 points.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Molson Coors first-quarter profits hit by post-Olympic letdown in Canada

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Molson Coors Brewing Co.’s profits fell in the first quarter as its Canadian operations suffered from a post-Olympic letdown.

The Montreal and Denver-based brewer’s net income fell 21 per cent to US$82.9 million on rising costs for ingredients and fuel.

That equalled 44 cents per share in the period ended March 26. That’s down from US$104.6 million, or 56 cents per share, last year.

The company, which reports in U.S. dollars, posted a $42.6 million gain in discontinued operations last year from a settlement of Brazilian indemnity liabilities.

Net profit from continuing operations increased 33 per cent to $82.6 million and underlying after-tax income grow 17.1 per cent to $81.6 million.

Molson Coors revenue excluding excise taxes rose four per cent to $690.4 million.

Analysts expected earnings of 44 cents per share on revenue of $690.5 million.

In Canada, its underlying pre-tax profit decreased by 7.7 per cent in Canadian dollars as higher prices and cost reductions were more than offset by volume declines and higher material costs.

A stronger Canadian dollar reduced the profit decrease by $1 million to $54.4 million.

Molson Coors Canadian market share dropped after its Canadian sales to retail decreased by 6.9 per cent, compared to a decrease of 5.8 per cent for the industry.

Volume gains in new brands were more than offset by declines in established brands. Coors Light suffered a mid-single digit sales decline, while Molson Canadian was down by low double digits.

The brewer said the declines were lower compared to gains from last year’s Winter Olympics, continued economic pressures and additional competitive promotional activity.

“While we faced particularly difficult volume comparisons in Canada a we cycled last year’s Vancouver Winter Olympics, our volume trends in the U.S., U.K. and International improved versus recent quarters,” CEO Peter Swinburn said in a news release.

He noted efforts to reduce costs exceeded its goals.

Canadian sales volume decreased by 5.9 per cent overall to 1.7 million hectolitres.

Mark Swartzberg of Stifel Nicolaus said the Canadian sales decrease was about double his forecast.

“In Canada, the company lost share and the lap (from the Vancouver Olympics) was more challenging than expected,” he wrote in a report.

In the United States, pretax income increased 7.6 per cent to $101.8 million due to strong MillerCoors results.

Its underlying net income excluding special items increased 8.7 per cent to $236 million driven by higher prices, cost control and $5.9 million from MillerCoors one-time receipt of $14 million a third party. Molson Coors owns 42 per cent of MillerCoors.

MillerCoors domestic sales to retail decreased 1.4 per cent due to challenges facing the industry, but the trend was an improvement from the five previous quarters.

Molson Coors employs 15,000 people at 18 breweries and operations in more than 30 countries.

It has a portfolio of more than 65 strategic and partner brands, including Coors, Coors Light, Molson Canadian, Carling, Blue Moon, Keystone and Richard ‘s.

The company has a large presence in Britain and in the United States through MillerCoors, a joint venture with SABMiller .

The Molson Coors Brewing Co. was formed in 2005 following the merger between North American family-run breweries Molson Inc. and the Adolph Coors Company.

Founded in 1786, Molson is the largest Canadian brewer with seven breweries, including boutique breweries Creemore and Granville Island Brewing, and 3,000 employees located across the country.

On the Toronto Stock Exchange , Molson Coors shares fell $1.15 or 2.5 per cent at C$44.47 in morning trading.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Molson Coors Brewing Co.’s profits fell in the first quarter as its Canadian operations suffered from a post-Olympic letdown.

The Montreal and Denver-based brewer’s net income fell 21 per cent to US$82.9 million on rising costs for ingredients and fuel.

That equalled 44 cents per share in the period ended March 26. That’s down from US$104.6 million, or 56 cents per share, last year.

The company, which reports in U.S. dollars, posted a $42.6 million gain in discontinued operations last year from a settlement of Brazilian indemnity liabilities.

Net profit from continuing operations increased 33 per cent to $82.6 million and underlying after-tax income grow 17.1 per cent to $81.6 million.

Molson Coors revenue excluding excise taxes rose four per cent to $690.4 million.

Analysts expected earnings of 44 cents per share on revenue of $690.5 million.

In Canada, its underlying pre-tax profit decreased by 7.7 per cent in Canadian dollars as higher prices and cost reductions were more than offset by volume declines and higher material costs.

A stronger Canadian dollar reduced the profit decrease by $1 million to $54.4 million.

Molson Coors Canadian market share dropped after its Canadian sales to retail decreased by 6.9 per cent, compared to a decrease of 5.8 per cent for the industry.

Volume gains in new brands were more than offset by declines in established brands. Coors Light suffered a mid-single digit sales decline, while Molson Canadian was down by low double digits.

The brewer said the declines were lower compared to gains from last year’s Winter Olympics, continued economic pressures and additional competitive promotional activity.

“While we faced particularly difficult volume comparisons in Canada a we cycled last year’s Vancouver Winter Olympics, our volume trends in the U.S., U.K. and International improved versus recent quarters,” CEO Peter Swinburn said in a news release.

He noted efforts to reduce costs exceeded its goals.

Canadian sales volume decreased by 5.9 per cent overall to 1.7 million hectolitres.

Mark Swartzberg of Stifel Nicolaus said the Canadian sales decrease was about double his forecast.

“In Canada, the company lost share and the lap (from the Vancouver Olympics) was more challenging than expected,” he wrote in a report.

In the United States, pretax income increased 7.6 per cent to $101.8 million due to strong MillerCoors results.

Its underlying net income excluding special items increased 8.7 per cent to $236 million driven by higher prices, cost control and $5.9 million from MillerCoors one-time receipt of $14 million a third party. Molson Coors owns 42 per cent of MillerCoors.

MillerCoors domestic sales to retail decreased 1.4 per cent due to challenges facing the industry, but the trend was an improvement from the five previous quarters.

Molson Coors employs 15,000 people at 18 breweries and operations in more than 30 countries.

It has a portfolio of more than 65 strategic and partner brands, including Coors, Coors Light, Molson Canadian, Carling, Blue Moon, Keystone and Richard ‘s.

The company has a large presence in Britain and in the United States through MillerCoors, a joint venture with SABMiller .

The Molson Coors Brewing Co. was formed in 2005 following the merger between North American family-run breweries Molson Inc. and the Adolph Coors Company.

Founded in 1786, Molson is the largest Canadian brewer with seven breweries, including boutique breweries Creemore and Granville Island Brewing, and 3,000 employees located across the country.

On the Toronto Stock Exchange , Molson Coors shares fell $1.15 or 2.5 per cent at C$44.47 in morning trading.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Investors Group adds Investors Canadian Corporate Bond Fund

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Investors Group has received regulatory approval to launch a fixed income offering. Investors Canadian Corporate Bond Fund will aim to provide current income by investing primarily in investment grade fixed income securities issued by Canadian corporations. The new mandate may also invest a portion of its assets in other securities such as high yield debt instruments and mortgages.

Investors Canadian Corporate Bond Fund is well suited for the current interest rate environment and will provide additional diversification opportunities for clients.

The fund is now available for sale to Canadian investors.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The Funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm), and Investors Group Securities Inc. (in Quebec, a firm in financial planning.)

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,600 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada’s premier financial services companies with over $134 billion in total assets under management.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Investors Group has received regulatory approval to launch a fixed income offering. Investors Canadian Corporate Bond Fund will aim to provide current income by investing primarily in investment grade fixed income securities issued by Canadian corporations. The new mandate may also invest a portion of its assets in other securities such as high yield debt instruments and mortgages.

Investors Canadian Corporate Bond Fund is well suited for the current interest rate environment and will provide additional diversification opportunities for clients.

The fund is now available for sale to Canadian investors.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The Funds are distributed across Canada by Investors Group Financial Services Inc., (in Quebec, a financial services firm), and Investors Group Securities Inc. (in Quebec, a firm in financial planning.)

Investors Group, founded in 1926, is a national leader in delivering personalized financial solutions to Canadians through a network of approximately 4,600 Consultants located throughout Canada. In addition to an exclusive family of mutual funds and other investment vehicles, Investors Group offers a wide range of insurance, securities, mortgage and other financial services. Investors Group is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada’s premier financial services companies with over $134 billion in total assets under management.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Berkshire Partners, Omers to buy Husky for $2.1 billion

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Private equity firms Berkshire Partners LLC and Omers Private Equity Inc struck a deal to buy Husky International from Canadian buyout shop Onex Corp for $2.1 billion.

Over the past year, there has been a flurry of secondary buyouts — when private equity firms sell assets to rival buyout firms — as firms are under pressure to invest billions of dollars raised during 2006 to 2008.

Onex and its affiliates bought Bolton, Ontario-based Husky with an equity investment of about $622 million in late 2007 and will get total net proceeds of $1.8 billion, it said in a statement. Onex’s portion of the proceeds is about $635 million.

The deal comes two weeks after Reuters reported that Berkshire Partners was in late-stage talks to buy the plastic molding equipment maker and that Bain Capital and several other private equity firms had also looked at the business, but walked away.

John Galt will continue to lead Husky, which is one of the world’s largest suppliers of injection molding equipment to make products such as bottles and caps for beverages, containers for food, medical components and consumer electronic parts.

“(Husky) is a global market leader in an industry that is poised to benefit from the growth in emerging markets,” Lisa Melchior, managing director of Omers, said in a statement.

Under Onex’s wing, Husky has reduced waste, shed non-core and non-performing assets, and re-invested with a focus on core customers, which has led to its operating profit more than doubling in the three years, Onex said.

Husky posted revenue of $1.1 billion in 2010, according to Onex’s website. The unit had earnings before interest, taxes, depreciation and amortization (EBITDA) of $197 million in the year ended September 30.

Boston-based Berkshire Partners typically does deals between $200 million and $2 billion, according to its website, while Toronto-based Omers has over $5.5 billion of investments under management.

The deal is expected to close early in the third quarter.

Shares of Toronto-based Onex closed at C$35.83 on Monday on the Toronto Stock Exchange.

Berkshire Partners and Omers said that affiliates of Goldman, Sachs & Co would provide financing and TD Securities Inc acted as their financial adviser.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Private equity firms Berkshire Partners LLC and Omers Private Equity Inc struck a deal to buy Husky International from Canadian buyout shop Onex Corp for $2.1 billion.

Over the past year, there has been a flurry of secondary buyouts — when private equity firms sell assets to rival buyout firms — as firms are under pressure to invest billions of dollars raised during 2006 to 2008.

Onex and its affiliates bought Bolton, Ontario-based Husky with an equity investment of about $622 million in late 2007 and will get total net proceeds of $1.8 billion, it said in a statement. Onex’s portion of the proceeds is about $635 million.

The deal comes two weeks after Reuters reported that Berkshire Partners was in late-stage talks to buy the plastic molding equipment maker and that Bain Capital and several other private equity firms had also looked at the business, but walked away.

John Galt will continue to lead Husky, which is one of the world’s largest suppliers of injection molding equipment to make products such as bottles and caps for beverages, containers for food, medical components and consumer electronic parts.

“(Husky) is a global market leader in an industry that is poised to benefit from the growth in emerging markets,” Lisa Melchior, managing director of Omers, said in a statement.

Under Onex’s wing, Husky has reduced waste, shed non-core and non-performing assets, and re-invested with a focus on core customers, which has led to its operating profit more than doubling in the three years, Onex said.

Husky posted revenue of $1.1 billion in 2010, according to Onex’s website. The unit had earnings before interest, taxes, depreciation and amortization (EBITDA) of $197 million in the year ended September 30.

Boston-based Berkshire Partners typically does deals between $200 million and $2 billion, according to its website, while Toronto-based Omers has over $5.5 billion of investments under management.

The deal is expected to close early in the third quarter.

Shares of Toronto-based Onex closed at C$35.83 on Monday on the Toronto Stock Exchange.

Berkshire Partners and Omers said that affiliates of Goldman, Sachs & Co would provide financing and TD Securities Inc acted as their financial adviser.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Reports Ritchie Bros. Auctioneers (TSX: RBA) earns US$16.6 million Q1 2011

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Ritchie Bros. Auctioneers Inc. (TSX: RBA), an auctioneer of industrial equipment, said May 3, 2011 it earned US$16.6 million in the first quarter of 2011.

That amounts to 16 cents per share earned in the three months ended March 31, up from US$12.7 million, or 12 cents per share in the comparable year-earlier period.

Auction revenues during the quarter totalled US$88.5 million, rising from US$83.5 million for the similar 2010 period.

During the quarter, the company conducted 37 industrial auctions in 11 countries throughout North America, Europe, the Middle East, Central America and Australia.

Ritchie Bros. sold more than US$223 million of equipment, trucks and other assets to online bidders during the first quarter of 2011, up 19 per cent from the comparable quarter in 2010.

In addition to growing revenue from its website, the company is undertaking a number of strategic initiatives to expand its business including adding customer finance, insurance and warranty services.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Ritchie Bros. Auctioneers Inc. (TSX: RBA), an auctioneer of industrial equipment, said May 3, 2011 it earned US$16.6 million in the first quarter of 2011.

That amounts to 16 cents per share earned in the three months ended March 31, up from US$12.7 million, or 12 cents per share in the comparable year-earlier period.

Auction revenues during the quarter totaled US$88.5 million, rising from US$83.5 million for the similar 2010 period.

During the quarter, the company conducted 37 industrial auctions in 11 countries throughout North America, Europe, the Middle East, Central America and Australia.

Ritchie Bros. sold more than US$223 million of equipment, trucks and other assets to online bidders during the first quarter of 2011, up 19 per cent from the comparable quarter in 2010.

In addition to growing revenue from its website, the company is undertaking a number of strategic initiatives to expand its business including adding customer finance, insurance and warranty services.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday, although selling pressure has been relatively subdued, limiting the downside for the markets. Nonetheless, the major averages are pulling back further off the multi-year intraday highs set in the previous session.

Profit taking has contributed to the initial weakness on Wall Street, as traders express some uncertainty about the ability of the markets to extend their recent upward move. A decrease in commodities prices is also generating some selling pressure.

Oil and gold stocks are seeing moderate weakness in early trading, moving lower along with their related commodities prices. Crude for June delivery is down $1.05 at $112.47 a barrel, while gold for June delivery is down $18.10 at $1,539 an ounce.

A majority of the other major sectors have also moved to the downside, although most are showing only modest downward moves. On the other hand, modest strength is visible among utilities stocks.

In earnings news, drug giant Pfizer (PFE) is seeing early weakness after the company reported first quarter adjusted earnings of $0.60 per share on revenues of $16.5 billion. Analysts had expected Pfizer to earn $0.59 per share on revenues of $16.65 billion.

Pfizer also reaffirmed its full year earnings guidance but lowered its revenue outlook for the year to $65.2 billion to $67.2 billion compared to its previous forecast for revenues of $66 billion to $68 billion.

Beazer Homes (BZH) is also trading lower after the homebuilder reported a second quarter loss from continuing operations of $0.74 per share, much wider than the loss of $0.47 per share expected by analysts. The company also reported weaker than expected revenues for the quarter.

Meanwhile, credit card giant Mastercard (MA) is moving to the upside after reporting first quarter earnings that rose to $4.29 per share, well above analyst estimates for earnings of $4.10 per share. Mastercard also reported stronger than expected revenue growth.

The major averages have fallen to new lows for the session in the past few minutes. The Dow is currently down 27.55 points or 0.2 percent at 12,779.81, the Nasdaq is down 10.13 points or 0.4 percent at 2,853.95 and the S&P 500 is down 4.63 points or 0.3 percent at 1,356.59.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday, although selling pressure has been relatively subdued, limiting the downside for the markets. Nonetheless, the major averages are pulling back further off the multi-year intraday highs set in the previous session.

Profit taking has contributed to the initial weakness on Wall Street, as traders express some uncertainty about the ability of the markets to extend their recent upward move. A decrease in commodities prices is also generating some selling pressure.

Oil and gold stocks are seeing moderate weakness in early trading, moving lower along with their related commodities prices. Crude for June delivery is down $1.05 at $112.47 a barrel, while gold for June delivery is down $18.10 at $1,539 an ounce.

A majority of the other major sectors have also moved to the downside, although most are showing only modest downward moves. On the other hand, modest strength is visible among utilities stocks.

In earnings news, drug giant Pfizer (PFE) is seeing early weakness after the company reported first quarter adjusted earnings of $0.60 per share on revenues of $16.5 billion. Analysts had expected Pfizer to earn $0.59 per share on revenues of $16.65 billion.

Pfizer also reaffirmed its full year earnings guidance but lowered its revenue outlook for the year to $65.2 billion to $67.2 billion compared to its previous forecast for revenues of $66 billion to $68 billion.

Beazer Homes (BZH) is also trading lower after the homebuilder reported a second quarter loss from continuing operations of $0.74 per share, much wider than the loss of $0.47 per share expected by analysts. The company also reported weaker than expected revenues for the quarter.

Meanwhile, credit card giant Mastercard (MA) is moving to the upside after reporting first quarter earnings that rose to $4.29 per share, well above analyst estimates for earnings of $4.10 per share. Mastercard also reported stronger than expected revenue growth.

The major averages have fallen to new lows for the session in the past few minutes. The Dow is currently down 27.55 points or 0.2 percent at 12,779.81, the Nasdaq is down 10.13 points or 0.4 percent at 2,853.95 and the S&P 500 is down 4.63 points or 0.3 percent at 1,356.59.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Equipment Lending, Equipment Leasing, Equipment Financing, Auto Financing and Commercial Funding

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports About Equipment Lending, Equipment Leasing, Equipment Financing, Auto Financing and Commercial Funding rates at all time low as of May 3, 2011.

* Dominion Lending Centres Clearlease Leasing is the leasing division within Dominion Lending Centres Inc.

* Our leasing programs provide up to 100% financing on business-related equipment.

* Leasing options include new equipment leasing; used equipment and vehicle leasing; customized solutions through vendor finance programs; and lease-backs –where the lender buys equipment from a business owner and the owner leases it back.

* Technology, heavy equipment and trailers, furniture and hospitality equipment, and manufacturing and industrial equipment are just a few examples of available leasing options.

* With access to multiple lending sources, Dominion Lending Centres’ Lease Professionals can cater to leasing deals for a variety of credit scenarios ranging from A to C credit quality.

* Because many of our Lease Professionals are often licensed mortgage agents, we can offer standard equipment leases and creatively structured solutions for seasonal, new or growing companies.

* Working with someone who is both a lease and mortgage expert enables you to even use commercial and residential mortgage and property credit line products, alone or in combination with lease financing, to help achieve the best solutions for your equipment acquisition needs.

* Our Lease Professionals can even break up large-dollar transactions into multiple leases across a number of funders to ease and simplify the approval process.

As always, if you have any questions about down payment options or your mortgage in general, Dominion Lending Centres Clearlease is here to help!

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports About Equipment Lending, Equipment Leasing, Equipment Financing, Auto Financing and Commercial Funding rates at all time low as of May 3, 2011.

* Dominion Lending Centres Clearlease Leasing is the leasing division within Dominion Lending Centres Inc.

* Our leasing programs provide up to 100% financing on business-related equipment.

* Leasing options include new equipment leasing; used equipment and vehicle leasing; customized solutions through vendor finance programs; and lease-backs –where the lender buys equipment from a business owner and the owner leases it back.

* Technology, heavy equipment and trailers, furniture and hospitality equipment, and manufacturing and industrial equipment are just a few examples of available leasing options.

* With access to multiple lending sources, Dominion Lending Centres’ Lease Professionals can cater to leasing deals for a variety of credit scenarios ranging from A to C credit quality.

* Because many of our Lease Professionals are often licensed mortgage agents, we can offer standard equipment leases and creatively structured solutions for seasonal, new or growing companies.

* Working with someone who is both a lease and mortgage expert enables you to even use commercial and residential mortgage and property credit line products, alone or in combination with lease financing, to help achieve the best solutions for your equipment acquisition needs.

* Our Lease Professionals can even break up large-dollar transactions into multiple leases across a number of funders to ease and simplify the approval process.

As always, if you have any questions about down payment options or your mortgage in general, Dominion Lending Centres Clearlease is here to help!

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports WestJet Airlines, Canada’s No. 2 carrier, post Q1 profit

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports WestJet Airlines Ltd , Canada’s No. 2 carrier, posted a big jump in its first-quarter profit, beating market estimates, as higher passenger traffic and fare increases offset a rise in fuel costs.

For the second quarter, the low-cost airline projected fuel costs, excluding hedging, of 95-98 Canadian cents per liter. Fuel costs were 85 Canadian cents in the first quarter.

WestJet, which shifted to reporting under International Financial Reporting Standards (IFRS) in the first quarter, said January-March profit rose to C$48.2 million, or 34 Canadian cents a share, from C$2.4 million, or 2 Canadian cents a share, a year earlier.

Last year’s results have been restated in accordance with IFRS, the company said.

The airline, whose main rival is Air Canada Inc , the country’s biggest airline, said revenue for the quarter rose 25 percent to C$772.4 million.

Analysts had expected earnings of 18 Canadian cents a share, on revenue of C$738.03 million, according to Thomson Reuters I/B/E/S.

WestJet said its traffic levels, measured in revenue passenger miles, rose 11.7 percent. Capacity measured in available seat miles rose 11.3 percent.

Revenue per available seat mile (RASM) — a key measure of topline performance for airlines — was up 12.1 percent in the first quarter. Load factor rose to 82 percent from 81.7 percent.

Costs per available seat mile (CASM) rose 4.5 percent in the quarter on the back of rising fuel costs, but declined 3.3 percent after fuel and employee profit-sharing expenses were stripped out.

WestJet is expecting adjusted CASM to be relatively flat in the first half of the year, over the last year.

Last week, the airline announced more flights and service perks on flights between Toronto, Montreal and Ottawa as it tries to lure more business passengers.

The airline’s stock is up about 1 percent this year, well ahead of Air Canada’s shares, which are down by a third, weighed in part by ongoing tough labor negotiations. WestJet shares closed at C$14.28 on Monday on the Toronto Stock Exchange.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports WestJet Airlines Ltd , Canada’s No. 2 carrier, posted a big jump in its first-quarter profit, beating market estimates, as higher passenger traffic and fare increases offset a rise in fuel costs.

For the second quarter, the low-cost airline projected fuel costs, excluding hedging, of 95-98 Canadian cents per liter. Fuel costs were 85 Canadian cents in the first quarter.

WestJet, which shifted to reporting under International Financial Reporting Standards (IFRS) in the first quarter, said January-March profit rose to C$48.2 million, or 34 Canadian cents a share, from C$2.4 million, or 2 Canadian cents a share, a year earlier.

Last year’s results have been restated in accordance with IFRS, the company said.

The airline, whose main rival is Air Canada Inc , the country’s biggest airline, said revenue for the quarter rose 25 percent to C$772.4 million.

Analysts had expected earnings of 18 Canadian cents a share, on revenue of C$738.03 million, according to Thomson Reuters I/B/E/S.

WestJet said its traffic levels, measured in revenue passenger miles, rose 11.7 percent. Capacity measured in available seat miles rose 11.3 percent.

Revenue per available seat mile (RASM) — a key measure of topline performance for airlines — was up 12.1 percent in the first quarter. Load factor rose to 82 percent from 81.7 percent.

Costs per available seat mile (CASM) rose 4.5 percent in the quarter on the back of rising fuel costs, but declined 3.3 percent after fuel and employee profit-sharing expenses were stripped out.

WestJet is expecting adjusted CASM to be relatively flat in the first half of the year, over the last year.

Last week, the airline announced more flights and service perks on flights between Toronto, Montreal and Ottawa as it tries to lure more business passengers.

The airline’s stock is up about 1 percent this year, well ahead of Air Canada’s shares, which are down by a third, weighed in part by ongoing tough labor negotiations. WestJet shares closed at C$14.28 on Monday on the Toronto Stock Exchange.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###

Dominion Lending Centres Clearlease Reports Suncor Energy(TSX:SU) Q1 net earnings of $1.028 billion

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Suncor Energy Inc. (TSX:SU) is reporting first quarter net earnings of $1.028 billion, or 65 cents per share.

That compares to net earnings of $779 million, or 50 cents per share in the corresponding quarter a year ago.

The results were announced hours after Canada’s largest energy company reported a 10 per cent increase in its quarterly dividend to 11 cents per common share.

The dividend will be payable June 24 to shareholders of record at the close of business on June 3. Based on its closing share prices of $44.01 on Monday, that would make the annual yield on the stock about one per cent.

“This is an appropriate and balanced increase that provides immediate rewards to our shareholders while we pursue our next phase of growth and drive future rewards,” chief financial officer Bart Demosky said in a release announcing the increase.

Analysts polled by Thomson Reuters have been, on average, expecting Suncor to report earnings of 77 cents per share on revenues of $10.26 billion in the quarter.

Suncor became Canada’s largest energy company when it merged with Petro-Canada in 2009. Through the transaction, it inherited oil assets in Libya. As conflict broke out in Libya in February, Suncor pulled its employees out of the North African country.

Suncor is the largest operator in the oilsands, with huge mining operations north of Fort McMurray, a 12 per cent interest in the Syncrude Canada Ltd. mine, a 41 per cent stake in the yet-to-be-developed Fort Hills mine and steam-driven operations at Firebag and Mackay river.

In December, Suncor inked a $1.75-billion deal with the Canadian division of France’s Total SA to work together in the oilsands.

The ownership structure at Fort Hills mining project has been shuffled around, leaving Suncor with a 40.8 per cent stake, Total with 39.2 per cent and Teck Resources Ltd. (TSX:TCK.B) with the 20 per cent.

Previously, Suncor had a 60 per cent interest in Fort Hills. Total grabbed its initial 20 per cent stake when it acquired UTS Energy Corp. last year.

In exchange, Suncor has 36.7 per cent of Total’s interest in the undeveloped Joslyn mine. Total will remain operator, with a 38.25 per cent stake, while Occidental Petroleum and Inpex hold the rest.

Total has also snagged a 49 per cent interest in the Voyageur upgrader, which Suncor shelved when the recession hit in late 2008.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Suncor Energy Inc. (TSX:SU) is reporting first quarter net earnings of $1.028 billion, or 65 cents per share.

That compares to net earnings of $779 million, or 50 cents per share in the corresponding quarter a year ago.

The results were announced hours after Canada’s largest energy company reported a 10 per cent increase in its quarterly dividend to 11 cents per common share.

The dividend will be payable June 24 to shareholders of record at the close of business on June 3. Based on its closing share prices of $44.01 on Monday, that would make the annual yield on the stock about one per cent.

“This is an appropriate and balanced increase that provides immediate rewards to our shareholders while we pursue our next phase of growth and drive future rewards,” chief financial officer Bart Demosky said in a release announcing the increase.

Analysts polled by Thomson Reuters have been, on average, expecting Suncor to report earnings of 77 cents per share on revenues of $10.26 billion in the quarter.

Suncor became Canada’s largest energy company when it merged with Petro-Canada in 2009. Through the transaction, it inherited oil assets in Libya. As conflict broke out in Libya in February, Suncor pulled its employees out of the North African country.

Suncor is the largest operator in the oilsands, with huge mining operations north of Fort McMurray, a 12 per cent interest in the Syncrude Canada Ltd. mine, a 41 per cent stake in the yet-to-be-developed Fort Hills mine and steam-driven operations at Firebag and Mackay river.

In December, Suncor inked a $1.75-billion deal with the Canadian division of France’s Total SA to work together in the oilsands.

The ownership structure at Fort Hills mining project has been shuffled around, leaving Suncor with a 40.8 per cent stake, Total with 39.2 per cent and Teck Resources Ltd. (TSX:TCK.B) with the 20 per cent.

Previously, Suncor had a 60 per cent interest in Fort Hills. Total grabbed its initial 20 per cent stake when it acquired UTS Energy Corp. last year.

In exchange, Suncor has 36.7 per cent of Total’s interest in the undeveloped Joslyn mine. Total will remain operator, with a 38.25 per cent stake, while Occidental Petroleum and Inpex hold the rest.

Total has also snagged a 49 per cent interest in the Voyageur upgrader, which Suncor shelved when the recession hit in late 2008.

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

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

About Dominion Lending Centres Clearlease

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

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

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

Contact DLC Clearlease.com:

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

###

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

###