Route1 (TSXV:ROI) awarded US$25M purchase agreement by U.S. Fish and Wildlife Service Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Digital security company Route1 Inc. (TSXV:ROI) awarded a blanket purchase agreement it values at US$25 million by the U.S. Fish and Wildlife Service.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Digital security company Route1 Inc. (TSXV:ROI) awarded a blanket purchase agreement it values at US$25 million by the U.S. Fish and Wildlife Service.
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.
Route1 (TSXV:ROI) awarded US$25M purchase agreement by U.S. Fish and Wildlife Service Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Digital security company Route1 Inc. (TSXV:ROI) awarded a blanket purchase agreement it values at US$25 million by the U.S. Fish and Wildlife Service.
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.
Research In Motion (TSX:RIM) shares crash and burn over revised outlook Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Investors punished BlackBerry maker Research In Motion (TSX:RIM) Friday, April 29, 2011 knocking its shares down more than 13 per cent, one day after the Canadian technology company lowered its first-quarter outlook.
The surprise revision also prompted analysts to downgrade their outlook of the company.
The shares of the Waterloo, Ont.-based company, known for its BlackBerry handheld device, were off $7.33, or 13.6 per cent, at $46.50 on the Toronto Stock Exchange after touching a low of $46.26 near the start of the session.
The sell-off comes one day after the company said that it shipped fewer BlackBerry smartphones than it expected.
As a result, the company now expects earnings per share for the quarter ending May 28 to be in the range of between $1.30 US and $1.37, down from its March 24 outlook of between $1.47 and $1.55.
The firm said the number of BlackBerrys shipped is now expected to be at the lower end of the range of 13.5 million to 14.5 million it forecast in March.
RIM also said it was seeing “a shift in the expected mix of devices shipped toward handsets with lower average selling prices.”
The company also said revenue would be slightly below the range of $5.2 billion to $5.6 billion it predicted in March.
“Shipments of BlackBerry PlayBook in the quarter continue to be in line with our previous expectations,” the company said in a release, “and we have not experienced any significant supply disruptions in [the quarter] due to the impact of the Japan earthquake.”
RIM said it still expects to achieve full year earnings per share of about $7.50.
The revised outlook came one week after rival Apple Inc. reported a record quarter, with a stunning 18.65 million iPhones shipped.
The latest misstep prompted analysts to re-think coverage of the company which until recently was the darling of the technology sector.
National Bank Financial analyst Kris Thompson said he’s “throwing in the towel for now” and can’t recommend the stock due to RIM’s “poor execution” on new devices.
“Consumers are not listening nor waiting,” Thompson wrote in a research note. “RIM does not seem to be up to the challenge. Consumers are voting with their dollars, and they’re being spent in Apple stores and on Google’s Android platform.”
Thompson downgraded his expectations for RIM’s stock price to around $55.
And RBC Capital Markets analyst Mike Abramsky, who had previously pegged RIM as an outperforming stock with a target price of $90, lowered his valuation to $50.
“We were wrong, as misexecution has undermined sentiment recovery,” he said.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Investors punished BlackBerry maker Research In Motion (TSX:RIM) Friday, April 29, 2011 knocking its shares down more than 13 per cent, one day after the Canadian technology company lowered its first-quarter outlook.
The surprise revision also prompted analysts to downgrade their outlook of the company.
The shares of the Waterloo, Ont.-based company, known for its BlackBerry handheld device, were off $7.33, or 13.6 per cent, at $46.50 on the Toronto Stock Exchange after touching a low of $46.26 near the start of the session.
The sell-off comes one day after the company said that it shipped fewer BlackBerry smartphones than it expected.
As a result, the company now expects earnings per share for the quarter ending May 28 to be in the range of between $1.30 US and $1.37, down from its March 24 outlook of between $1.47 and $1.55.
The firm said the number of BlackBerrys shipped is now expected to be at the lower end of the range of 13.5 million to 14.5 million it forecast in March.
RIM also said it was seeing “a shift in the expected mix of devices shipped toward handsets with lower average selling prices.”
The company also said revenue would be slightly below the range of $5.2 billion to $5.6 billion it predicted in March.
“Shipments of BlackBerry PlayBook in the quarter continue to be in line with our previous expectations,” the company said in a release, “and we have not experienced any significant supply disruptions in [the quarter] due to the impact of the Japan earthquake.”
RIM said it still expects to achieve full year earnings per share of about $7.50.
The revised outlook came one week after rival Apple Inc. reported a record quarter, with a stunning 18.65 million iPhones shipped.
The latest misstep prompted analysts to re-think coverage of the company which until recently was the darling of the technology sector.
National Bank Financial analyst Kris Thompson said he’s “throwing in the towel for now” and can’t recommend the stock due to RIM’s “poor execution” on new devices.
“Consumers are not listening nor waiting,” Thompson wrote in a research note. “RIM does not seem to be up to the challenge. Consumers are voting with their dollars, and they’re being spent in Apple stores and on Google’s Android platform.”
Thompson downgraded his expectations for RIM’s stock price to around $55.
And RBC Capital Markets analyst Mike Abramsky, who had previously pegged RIM as an outperforming stock with a target price of $90, lowered his valuation to $50.
“We were wrong, as misexecution has undermined sentiment recovery,” he said.
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.
Research In Motion (TSX:RIM) shares crash and burn over revised outlook Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Investors punished BlackBerry maker Research In Motion (TSX:RIM) Friday, April 29, 2011 knocking its shares down more than 13 per cent, one day after the Canadian technology company lowered its first-quarter outlook.
The surprise revision also prompted analysts to downgrade their outlook of the company.
The shares of the Waterloo, Ont.-based company, known for its BlackBerry handheld device, were off $7.33, or 13.6 per cent, at $46.50 on the Toronto Stock Exchange after touching a low of $46.26 near the start of the session.
The sell-off comes one day after the company said that it shipped fewer BlackBerry smartphones than it expected.
As a result, the company now expects earnings per share for the quarter ending May 28 to be in the range of between $1.30 US and $1.37, down from its March 24 outlook of between $1.47 and $1.55.
The firm said the number of BlackBerrys shipped is now expected to be at the lower end of the range of 13.5 million to 14.5 million it forecast in March.
RIM also said it was seeing “a shift in the expected mix of devices shipped toward handsets with lower average selling prices.”
The company also said revenue would be slightly below the range of $5.2 billion to $5.6 billion it predicted in March.
“Shipments of BlackBerry PlayBook in the quarter continue to be in line with our previous expectations,” the company said in a release, “and we have not experienced any significant supply disruptions in [the quarter] due to the impact of the Japan earthquake.”
RIM said it still expects to achieve full year earnings per share of about $7.50.
The revised outlook came one week after rival Apple Inc. reported a record quarter, with a stunning 18.65 million iPhones shipped.
The latest misstep prompted analysts to re-think coverage of the company which until recently was the darling of the technology sector.
National Bank Financial analyst Kris Thompson said he’s “throwing in the towel for now” and can’t recommend the stock due to RIM’s “poor execution” on new devices.
“Consumers are not listening nor waiting,” Thompson wrote in a research note. “RIM does not seem to be up to the challenge. Consumers are voting with their dollars, and they’re being spent in Apple stores and on Google’s Android platform.”
Thompson downgraded his expectations for RIM’s stock price to around $55.
And RBC Capital Markets analyst Mike Abramsky, who had previously pegged RIM as an outperforming stock with a target price of $90, lowered his valuation to $50.
“We were wrong, as misexecution has undermined sentiment recovery,” he said.
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.
TSX pushes into red; Research in Motion is a major drag Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports The Toronto stock market sank into the red at midday Friday as a double-digit drop in shares of market heavyweight Research in Motion weighed on the main index after it announced a gloomy outlook.
The S&P/TSX composite index was down 21.2 points to 13,873.2 after earlier posting slight gains. The information technology sector led decliners, down 2.3 per cent, outweighing gains in nearly every other sector. The TSX Venture Exchange fell 6.9 points to 2,239.32.
The way the TSX is closing the week — fluctuating between positive and negative territory — is appropriate given that the market has struggled to find direction for the past few days, said John Kurgan, senior markets strategist at Lind-Waldock.
Investors have been digesting a slew of largely positive earnings as well as some disappointing economic data from both sides of the border. In addition, Friday marks the last trading day of the month, contributing to a pick up in resource stocks, which had been trading lower for most of the week.
“There might be perhaps a little bit of window dressing going on,” Kurgan said.
“They may have dressed it up a little bit or added a few more positions because metals have been advancing nicely … and that’s all it would take to move some of these stocks a little bit.”
The loonie gained 0.21 of a cent to 105.36 cents US as the greenback slid against most other major currencies on expectations that the Federal Reserve will keep interest rates low to nourish U.S. economic growth despite rising oil and food prices.
It had fallen against the U.S. dollar earlier after Statistics Canada released a report saying real gross domestic product fell 0.2 per cent in February on the heels of a 0.5 per cent increase in January.
Most economists had expected GDP would remain flat after consecutive 0.5 per cent gains in December and January. However, there seemed to be minimal concern that February’s results were a sign of a wider slowdown to come.
“Canada’s winning streak hasn’t been broken—the economy just took a pause after a heated expansion,” said Emanuella Enenajor, an economist at CIBC World Markets.
First-quarter GDP should still come close to four per cent if there is a rebound in March.
Oil moved ahead 22 cents to US$113.08 a barrel on the New York Mercantile Exchange. Gold prices surged $12.70 to US$1,543.90. Copper was down nine cents to $4.16 as concerns persist that China could move to slow growth, which could hamper resource demand.
The TSX mining sector was up 1.2 per cent. The energy sector added 0.2 per cent.
However, shares in BlackBerry-maker Research in Motion (TSX:RIM) were down more than 13 per cent in morning trading as investors responded to the company reducing its financial guidance.
RIM’s stock pulled back 13.3 per cent or $7.18 to $46.65 on the Toronto stock market.
On Thursday, after stock markets closed, the company cut its guidance based on lower than expected shipments of BlackBerry smartphones and reduced average selling prices for the devices.
The financial sector was also in the red, down 0.12 per cent with shares in Toronto-Dominion Bank (TSX:TD) down six cents to $81.53.
In Canadian corporate earnings, pipeline company TransCanada Corp. (TSX:TRP) first-quarter net income rises 39 per cent to $465 million from year-ago $334 million. Shares gained 17 cents to $40.52.
Lundin Mining Corp (TSX:LUN) shares were up 10.3 per cent or 86 cents to $9.20 after trading resumed Friday morning after being halted at market open in response to a report that it is considering a takeover offer from a Chinese consortium. However, it said only that it was continuing a previously announced process to explore its strategic options.
Wall Street markets mostly moved ahead after another round of positive earnings from major U.S. companies.
The Dow Jones industrial average rose 45.2 points to 12,808.5, while the Nasdaq fell 2.97 points to 2,869.56. The S&P index was up 0.9 points to 1,361.4.
Fresh data from the U.S. Commerce Department showed personal incomes rose 0.5 per cent last month and consumer spending increased 0.6 per cent. But after adjusting for inflation, spending rose a much more subdued 0.2 per cent and after-tax incomes were essentially flat.
U.S. data released Thursday showed the world’s biggest economy lost steam in the first three months of the year. That helped push oil prices to near $112 a barrel and pushed the dollar down against the Canadian dollar, the yen and the euro.
In Europe, London’s FTSE was closed for the British royal wedding. Germany’s DAX was ahead 0.5 per cent while France’s CAC 40 was 0.01 per cent higher.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports The Toronto stock market sank into the red at midday Friday as a double-digit drop in shares of market heavyweight Research in Motion weighed on the main index after it announced a gloomy outlook.
The S&P/TSX composite index was down 21.2 points to 13,873.2 after earlier posting slight gains. The information technology sector led decliners, down 2.3 per cent, outweighing gains in nearly every other sector. The TSX Venture Exchange fell 6.9 points to 2,239.32.
The way the TSX is closing the week — fluctuating between positive and negative territory — is appropriate given that the market has struggled to find direction for the past few days, said John Kurgan, senior markets strategist at Lind-Waldock.
Investors have been digesting a slew of largely positive earnings as well as some disappointing economic data from both sides of the border. In addition, Friday marks the last trading day of the month, contributing to a pick up in resource stocks, which had been trading lower for most of the week.
“There might be perhaps a little bit of window dressing going on,” Kurgan said.
“They may have dressed it up a little bit or added a few more positions because metals have been advancing nicely … and that’s all it would take to move some of these stocks a little bit.”
The loonie gained 0.21 of a cent to 105.36 cents US as the greenback slid against most other major currencies on expectations that the Federal Reserve will keep interest rates low to nourish U.S. economic growth despite rising oil and food prices.
It had fallen against the U.S. dollar earlier after Statistics Canada released a report saying real gross domestic product fell 0.2 per cent in February on the heels of a 0.5 per cent increase in January.
Most economists had expected GDP would remain flat after consecutive 0.5 per cent gains in December and January. However, there seemed to be minimal concern that February’s results were a sign of a wider slowdown to come.
“Canada’s winning streak hasn’t been broken—the economy just took a pause after a heated expansion,” said Emanuella Enenajor, an economist at CIBC World Markets.
First-quarter GDP should still come close to four per cent if there is a rebound in March.
Oil moved ahead 22 cents to US$113.08 a barrel on the New York Mercantile Exchange. Gold prices surged $12.70 to US$1,543.90. Copper was down nine cents to $4.16 as concerns persist that China could move to slow growth, which could hamper resource demand.
The TSX mining sector was up 1.2 per cent. The energy sector added 0.2 per cent.
However, shares in BlackBerry-maker Research in Motion (TSX:RIM) were down more than 13 per cent in morning trading as investors responded to the company reducing its financial guidance.
RIM’s stock pulled back 13.3 per cent or $7.18 to $46.65 on the Toronto stock market.
On Thursday, after stock markets closed, the company cut its guidance based on lower than expected shipments of BlackBerry smartphones and reduced average selling prices for the devices.
The financial sector was also in the red, down 0.12 per cent with shares in Toronto-Dominion Bank (TSX:TD) down six cents to $81.53.
In Canadian corporate earnings, pipeline company TransCanada Corp. (TSX:TRP) first-quarter net income rises 39 per cent to $465 million from year-ago $334 million. Shares gained 17 cents to $40.52.
Lundin Mining Corp (TSX:LUN) shares were up 10.3 per cent or 86 cents to $9.20 after trading resumed Friday morning after being halted at market open in response to a report that it is considering a takeover offer from a Chinese consortium. However, it said only that it was continuing a previously announced process to explore its strategic options.
Wall Street markets mostly moved ahead after another round of positive earnings from major U.S. companies.
The Dow Jones industrial average rose 45.2 points to 12,808.5, while the Nasdaq fell 2.97 points to 2,869.56. The S&P index was up 0.9 points to 1,361.4.
Fresh data from the U.S. Commerce Department showed personal incomes rose 0.5 per cent last month and consumer spending increased 0.6 per cent. But after adjusting for inflation, spending rose a much more subdued 0.2 per cent and after-tax incomes were essentially flat.
U.S. data released Thursday showed the world’s biggest economy lost steam in the first three months of the year. That helped push oil prices to near $112 a barrel and pushed the dollar down against the Canadian dollar, the yen and the euro.
In Europe, London’s FTSE was closed for the British royal wedding. Germany’s DAX was ahead 0.5 per cent while France’s CAC 40 was 0.01 per cent higher.
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.
TSX pushes into red; Research in Motion is a major drag Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports The Toronto stock market sank into the red at midday Friday as a double-digit drop in shares of market heavyweight Research in Motion weighed on the main index after it announced a gloomy outlook.
The S&P/TSX composite index was down 21.2 points to 13,873.2 after earlier posting slight gains. The information technology sector led decliners, down 2.3 per cent, outweighing gains in nearly every other sector. The TSX Venture Exchange fell 6.9 points to 2,239.32.
The way the TSX is closing the week — fluctuating between positive and negative territory — is appropriate given that the market has struggled to find direction for the past few days, said John Kurgan, senior markets strategist at Lind-Waldock.
Investors have been digesting a slew of largely positive earnings as well as some disappointing economic data from both sides of the border. In addition, Friday marks the last trading day of the month, contributing to a pick up in resource stocks, which had been trading lower for most of the week.
“There might be perhaps a little bit of window dressing going on,” Kurgan said.
“They may have dressed it up a little bit or added a few more positions because metals have been advancing nicely … and that’s all it would take to move some of these stocks a little bit.”
The loonie gained 0.21 of a cent to 105.36 cents US as the greenback slid against most other major currencies on expectations that the Federal Reserve will keep interest rates low to nourish U.S. economic growth despite rising oil and food prices.
It had fallen against the U.S. dollar earlier after Statistics Canada released a report saying real gross domestic product fell 0.2 per cent in February on the heels of a 0.5 per cent increase in January.
Most economists had expected GDP would remain flat after consecutive 0.5 per cent gains in December and January. However, there seemed to be minimal concern that February’s results were a sign of a wider slowdown to come.
“Canada’s winning streak hasn’t been broken—the economy just took a pause after a heated expansion,” said Emanuella Enenajor, an economist at CIBC World Markets.
First-quarter GDP should still come close to four per cent if there is a rebound in March.
Oil moved ahead 22 cents to US$113.08 a barrel on the New York Mercantile Exchange. Gold prices surged $12.70 to US$1,543.90. Copper was down nine cents to $4.16 as concerns persist that China could move to slow growth, which could hamper resource demand.
The TSX mining sector was up 1.2 per cent. The energy sector added 0.2 per cent.
However, shares in BlackBerry-maker Research in Motion (TSX:RIM) were down more than 13 per cent in morning trading as investors responded to the company reducing its financial guidance.
RIM’s stock pulled back 13.3 per cent or $7.18 to $46.65 on the Toronto stock market.
On Thursday, after stock markets closed, the company cut its guidance based on lower than expected shipments of BlackBerry smartphones and reduced average selling prices for the devices.
The financial sector was also in the red, down 0.12 per cent with shares in Toronto-Dominion Bank (TSX:TD) down six cents to $81.53.
In Canadian corporate earnings, pipeline company TransCanada Corp. (TSX:TRP) first-quarter net income rises 39 per cent to $465 million from year-ago $334 million. Shares gained 17 cents to $40.52.
Lundin Mining Corp (TSX:LUN) shares were up 10.3 per cent or 86 cents to $9.20 after trading resumed Friday morning after being halted at market open in response to a report that it is considering a takeover offer from a Chinese consortium. However, it said only that it was continuing a previously announced process to explore its strategic options.
Wall Street markets mostly moved ahead after another round of positive earnings from major U.S. companies.
The Dow Jones industrial average rose 45.2 points to 12,808.5, while the Nasdaq fell 2.97 points to 2,869.56. The S&P index was up 0.9 points to 1,361.4.
Fresh data from the U.S. Commerce Department showed personal incomes rose 0.5 per cent last month and consumer spending increased 0.6 per cent. But after adjusting for inflation, spending rose a much more subdued 0.2 per cent and after-tax incomes were essentially flat.
U.S. data released Thursday showed the world’s biggest economy lost steam in the first three months of the year. That helped push oil prices to near $112 a barrel and pushed the dollar down against the Canadian dollar, the yen and the euro.
In Europe, London’s FTSE was closed for the British royal wedding. Germany’s DAX was ahead 0.5 per cent while France’s CAC 40 was 0.01 per cent higher.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Motorola Mobility Holdings Inc. (NYSE: MMI ), the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday April 28, 2011 that it narrowed its loss in the first quarter as it nearly doubled shipments of smartphones.
Motorola Mobility posted a loss of $81 million, or 27 cents per share, for the January to March period. That compares with a loss of $212 million, or 72 cents per share, a year ago.
Excluding stock-based compensation and amortization of intangibles, the loss was eight cents per share, less than the 11 cents per share analysts surveyed by FactSet had expected, on average.
Revenue was $3.03 billion, up 22 per cent from a year ago, and beat analyst estimates at $2.84 billion.
The Libertyville, Ill.-based company said mobile devices revenue totalled $2.1 billion, up 30 per cent from the year-ago quarter. Motorola Mobility shipped 9.3 million of these products during the period, including 4.1 million smart phones and over 250,000 tablet computers.
The company rolled out a number of mobile products in the first three months of the year, including its Xoom tablet, which runs on the tablet-geared version of Google Inc.’s Android operating software, and the Atrix smartphone, which can also connect to a laptop dock to function as a computer.
Revenue from the company’s home unit, which makes various consumer electronics, climbed 8 per cent to $904 million.
For the current quarter, Motorola Mobility expects to break even or earn as much as 12 cents per share, excluding one-time items. Analysts are hoping for an adjusted profit of 12 cents per share.
Motorola Mobility shares rose 56 cents, or 2.3 per cent, to $24.50 in extended trading. The stock had finished regular trading up 37 cents at $23.99.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Motorola Mobility Holdings Inc. (NYSE: MMI ), the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday April 28, 2011 that it narrowed its loss in the first quarter as it nearly doubled shipments of smartphones.
Motorola Mobility posted a loss of $81 million, or 27 cents per share, for the January to March period. That compares with a loss of $212 million, or 72 cents per share, a year ago.
Excluding stock-based compensation and amortization of intangibles, the loss was eight cents per share, less than the 11 cents per share analysts surveyed by FactSet had expected, on average.
Revenue was $3.03 billion, up 22 per cent from a year ago, and beat analyst estimates at $2.84 billion.
The Libertyville, Ill.-based company said mobile devices revenue totalled $2.1 billion, up 30 per cent from the year-ago quarter. Motorola Mobility shipped 9.3 million of these products during the period, including 4.1 million smart phones and over 250,000 tablet computers.
The company rolled out a number of mobile products in the first three months of the year, including its Xoom tablet, which runs on the tablet-geared version of Google Inc.’s Android operating software, and the Atrix smartphone, which can also connect to a laptop dock to function as a computer.
Revenue from the company’s home unit, which makes various consumer electronics, climbed 8 per cent to $904 million.
For the current quarter, Motorola Mobility expects to break even or earn as much as 12 cents per share, excluding one-time items. Analysts are hoping for an adjusted profit of 12 cents per share.
Motorola Mobility shares rose 56 cents, or 2.3 per cent, to $24.50 in extended trading. The stock had finished regular trading up 37 cents at $23.99.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Motorola Mobility Holdings Inc. (NYSE: MMI ), the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday April 28, 2011 that it narrowed its loss in the first quarter as it nearly doubled shipments of smartphones.
Motorola Mobility posted a loss of $81 million, or 27 cents per share, for the January to March period. That compares with a loss of $212 million, or 72 cents per share, a year ago.
Excluding stock-based compensation and amortization of intangibles, the loss was eight cents per share, less than the 11 cents per share analysts surveyed by FactSet had expected, on average.
Revenue was $3.03 billion, up 22 per cent from a year ago, and beat analyst estimates at $2.84 billion.
The Libertyville, Ill.-based company said mobile devices revenue totalled $2.1 billion, up 30 per cent from the year-ago quarter. Motorola Mobility shipped 9.3 million of these products during the period, including 4.1 million smart phones and over 250,000 tablet computers.
The company rolled out a number of mobile products in the first three months of the year, including its Xoom tablet, which runs on the tablet-geared version of Google Inc.’s Android operating software, and the Atrix smartphone, which can also connect to a laptop dock to function as a computer.
Revenue from the company’s home unit, which makes various consumer electronics, climbed 8 per cent to $904 million.
For the current quarter, Motorola Mobility expects to break even or earn as much as 12 cents per share, excluding one-time items. Analysts are hoping for an adjusted profit of 12 cents per share.
Motorola Mobility shares rose 56 cents, or 2.3 per cent, to $24.50 in extended trading. The stock had finished regular trading up 37 cents at $23.99.
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.
Toronto stock market closes marginally in the green as commodities finish higher Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports The Toronto stock market closed in the green with a razor-thing gain Thursday as commodity prices ended the session higher and traders awaited Canadian economic growth data.
The S&P/TSX composite index added 1.83 points to 13,884.4 after it bounced between positive and negative territory all day. The TSX Venture Exchange lost 5.1 points to 2,246.22.
Shortly after the market closed, Research in Motion (TSX:RIM) reduced its guidance due to lower selling prices for its smartphones in a highly competitive market.
In after-hours trading in New York, RIM’s shares fell $5.53 to US$51.06, down nearly 10 per cent from the close of official trading ahead of the announcement.
The BlackBerry maker said i now expects fully diluted earnings per share to be in the range of $1.30 to $1.37, lower than the range of US$1.47 of US $1.55 previously forecasted. It cited lower demand for its smartphones.
Earlier, the Canadian dollar lost 0.07 of a cent to 105.15 cents US as the greenback fell against most other major currencies a day after the U.S. Federal Reserve announced it had no near-term intentions of changing its emergency low interest rate from near zero and after data showed slower U.S. economic growth.
Commodities were higher, with the price of oil ahead 10 cents to US$112.86 after earlier approaching $114 a barrel on the New York Mercantile Exchange. Gold rose $14.10 to US$1,531.20 per ounce, reaching a new record high for the third day this week. Copper was up two cents at US$4.25 a pound.
The U.S. government said the economy grew at a 1.8 per cent annual rate in the January-March quarter. That’s the weakest showing since last spring when the European debt crisis reduced growth to a 1.7 per cent pace, and a slower pace than many economists had been expecting.
Investors have adopted a wait-and-see attitude and are holding back given that this week is heavy with economic data, said Paul Vaillancourt, vice-president at Canadian Wealth Management in Calgary.
He expects Canadian GDP figures set to be released Friday to show that the economy continues to grow. Consensus estimates peg February GDP flat compared to January.
“People are on the sidelines a little bit waiting to see if the recovery is as strong as people hope,” Vaillancourt said.
“You’re going to start to see some pretty big blowout numbers, starting with energy this quarter but certainly next quarter.”
Investors may also be taking profits ahead of the last trading day of the month, on Friday.
Meanwhile, energy and mining stocks are not performing as well as they had been previously despite a continued rise in commodity prices because some investors question whether prices can hold at such elevated levels, he said.
“Investors have lopped of 10 per cent or more off these energy and mining stocks that have been the darlings for the last couple of quarters and we’ll need to see continued solid earnings.”
The energy sector was up 0.4 per cent, while the mining sector was the biggest drag on the TSX, down one per cent. The gold-heavy materials sector also slumped into the red Thursday afternoon, down 0.8 per cent, despite the new record high.
The industrials sector, up one per cent, and the information technology sector, up 0.8 per cent led the index higher.
Several key Canadian companies reported earnings that beat analyst expectations, including Potash Corp. of Saskatchewan (TSX:POT), which said its first-quarter profits hit a record $732 million. Still, its shares fell $1.49 to $52.69.
Other outperformers included the Jean Coutu Group Inc. (TSX:PJC.A), whose shares rose 14 cents to $10.59, and Domtar Inc. (TSX:UFS), up $1.64 at $87.89.
Canadian Oil Sands Ltd. (TSX:COS) reported after market close that its first-quarter profit rose to $324 million from a year-earlier $176 million on improved production and higher oil prices. Shares closed up 31 cents at $31.66.
Imax Corp. (TSX:IMX) reported just before market close that its latest financial results missed analyst estimates but the company raised its 2011 outlook. Its net loss was US$1 million, or two cents per diluted share. Analysts had been expecting a net profit of nine cents per share. Shares were up six per cent or $1.79 to $32.55.
Wall Street markets closed at a 2011 high despite modest economic growth in the U.S.
The Dow Jones industrial average added 72.35 points to 12,763.31. The Nasdaq index was up 2.65 points at 2,872.53 while the Standard & Poor’s 500 index gained 4.82 points to 1,360.48.
In other U.S. economic news, the National Association of Realtors’ pending home sales index showed sales agreements for homes rose 5.1 per cent last month to a reading of 94.1. Sales were uneven across the country and were not enough to signal a rebound in the housing market.
Corporate earnings from U.S. companies were mixed.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports The Toronto stock market closed in the green with a razor-thing gain Thursday as commodity prices ended the session higher and traders awaited Canadian economic growth data.
The S&P/TSX composite index added 1.83 points to 13,884.4 after it bounced between positive and negative territory all day. The TSX Venture Exchange lost 5.1 points to 2,246.22.
Shortly after the market closed, Research in Motion (TSX:RIM) reduced its guidance due to lower selling prices for its smartphones in a highly competitive market.
In after-hours trading in New York, RIM’s shares fell $5.53 to US$51.06, down nearly 10 per cent from the close of official trading ahead of the announcement.
The BlackBerry maker said i now expects fully diluted earnings per share to be in the range of $1.30 to $1.37, lower than the range of US$1.47 of US $1.55 previously forecasted. It cited lower demand for its smartphones.
Earlier, the Canadian dollar lost 0.07 of a cent to 105.15 cents US as the greenback fell against most other major currencies a day after the U.S. Federal Reserve announced it had no near-term intentions of changing its emergency low interest rate from near zero and after data showed slower U.S. economic growth.
Commodities were higher, with the price of oil ahead 10 cents to US$112.86 after earlier approaching $114 a barrel on the New York Mercantile Exchange. Gold rose $14.10 to US$1,531.20 per ounce, reaching a new record high for the third day this week. Copper was up two cents at US$4.25 a pound.
The U.S. government said the economy grew at a 1.8 per cent annual rate in the January-March quarter. That’s the weakest showing since last spring when the European debt crisis reduced growth to a 1.7 per cent pace, and a slower pace than many economists had been expecting.
Investors have adopted a wait-and-see attitude and are holding back given that this week is heavy with economic data, said Paul Vaillancourt, vice-president at Canadian Wealth Management in Calgary.
He expects Canadian GDP figures set to be released Friday to show that the economy continues to grow. Consensus estimates peg February GDP flat compared to January.
“People are on the sidelines a little bit waiting to see if the recovery is as strong as people hope,” Vaillancourt said.
“You’re going to start to see some pretty big blowout numbers, starting with energy this quarter but certainly next quarter.”
Investors may also be taking profits ahead of the last trading day of the month, on Friday.
Meanwhile, energy and mining stocks are not performing as well as they had been previously despite a continued rise in commodity prices because some investors question whether prices can hold at such elevated levels, he said.
“Investors have lopped of 10 per cent or more off these energy and mining stocks that have been the darlings for the last couple of quarters and we’ll need to see continued solid earnings.”
The energy sector was up 0.4 per cent, while the mining sector was the biggest drag on the TSX, down one per cent. The gold-heavy materials sector also slumped into the red Thursday afternoon, down 0.8 per cent, despite the new record high.
The industrials sector, up one per cent, and the information technology sector, up 0.8 per cent led the index higher.
Several key Canadian companies reported earnings that beat analyst expectations, including Potash Corp. of Saskatchewan (TSX:POT), which said its first-quarter profits hit a record $732 million. Still, its shares fell $1.49 to $52.69.
Other outperformers included the Jean Coutu Group Inc. (TSX:PJC.A), whose shares rose 14 cents to $10.59, and Domtar Inc. (TSX:UFS), up $1.64 at $87.89.
Canadian Oil Sands Ltd. (TSX:COS) reported after market close that its first-quarter profit rose to $324 million from a year-earlier $176 million on improved production and higher oil prices. Shares closed up 31 cents at $31.66.
Imax Corp. (TSX:IMX) reported just before market close that its latest financial results missed analyst estimates but the company raised its 2011 outlook. Its net loss was US$1 million, or two cents per diluted share. Analysts had been expecting a net profit of nine cents per share. Shares were up six per cent or $1.79 to $32.55.
Wall Street markets closed at a 2011 high despite modest economic growth in the U.S.
The Dow Jones industrial average added 72.35 points to 12,763.31. The Nasdaq index was up 2.65 points at 2,872.53 while the Standard & Poor’s 500 index gained 4.82 points to 1,360.48.
In other U.S. economic news, the National Association of Realtors’ pending home sales index showed sales agreements for homes rose 5.1 per cent last month to a reading of 94.1. Sales were uneven across the country and were not enough to signal a rebound in the housing market.
Corporate earnings from U.S. companies were mixed.
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.
Toronto stock market closes marginally in the green as commodities finish higher Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports The Toronto stock market closed in the green with a razor-thing gain Thursday as commodity prices ended the session higher and traders awaited Canadian economic growth data.
The S&P/TSX composite index added 1.83 points to 13,884.4 after it bounced between positive and negative territory all day. The TSX Venture Exchange lost 5.1 points to 2,246.22.
Shortly after the market closed, Research in Motion (TSX:RIM) reduced its guidance due to lower selling prices for its smartphones in a highly competitive market.
In after-hours trading in New York, RIM’s shares fell $5.53 to US$51.06, down nearly 10 per cent from the close of official trading ahead of the announcement.
The BlackBerry maker said i now expects fully diluted earnings per share to be in the range of $1.30 to $1.37, lower than the range of US$1.47 of US $1.55 previously forecasted. It cited lower demand for its smartphones.
Earlier, the Canadian dollar lost 0.07 of a cent to 105.15 cents US as the greenback fell against most other major currencies a day after the U.S. Federal Reserve announced it had no near-term intentions of changing its emergency low interest rate from near zero and after data showed slower U.S. economic growth.
Commodities were higher, with the price of oil ahead 10 cents to US$112.86 after earlier approaching $114 a barrel on the New York Mercantile Exchange. Gold rose $14.10 to US$1,531.20 per ounce, reaching a new record high for the third day this week. Copper was up two cents at US$4.25 a pound.
The U.S. government said the economy grew at a 1.8 per cent annual rate in the January-March quarter. That’s the weakest showing since last spring when the European debt crisis reduced growth to a 1.7 per cent pace, and a slower pace than many economists had been expecting.
Investors have adopted a wait-and-see attitude and are holding back given that this week is heavy with economic data, said Paul Vaillancourt, vice-president at Canadian Wealth Management in Calgary.
He expects Canadian GDP figures set to be released Friday to show that the economy continues to grow. Consensus estimates peg February GDP flat compared to January.
“People are on the sidelines a little bit waiting to see if the recovery is as strong as people hope,” Vaillancourt said.
“You’re going to start to see some pretty big blowout numbers, starting with energy this quarter but certainly next quarter.”
Investors may also be taking profits ahead of the last trading day of the month, on Friday.
Meanwhile, energy and mining stocks are not performing as well as they had been previously despite a continued rise in commodity prices because some investors question whether prices can hold at such elevated levels, he said.
“Investors have lopped of 10 per cent or more off these energy and mining stocks that have been the darlings for the last couple of quarters and we’ll need to see continued solid earnings.”
The energy sector was up 0.4 per cent, while the mining sector was the biggest drag on the TSX, down one per cent. The gold-heavy materials sector also slumped into the red Thursday afternoon, down 0.8 per cent, despite the new record high.
The industrials sector, up one per cent, and the information technology sector, up 0.8 per cent led the index higher.
Several key Canadian companies reported earnings that beat analyst expectations, including Potash Corp. of Saskatchewan (TSX:POT), which said its first-quarter profits hit a record $732 million. Still, its shares fell $1.49 to $52.69.
Other outperformers included the Jean Coutu Group Inc. (TSX:PJC.A), whose shares rose 14 cents to $10.59, and Domtar Inc. (TSX:UFS), up $1.64 at $87.89.
Canadian Oil Sands Ltd. (TSX:COS) reported after market close that its first-quarter profit rose to $324 million from a year-earlier $176 million on improved production and higher oil prices. Shares closed up 31 cents at $31.66.
Imax Corp. (TSX:IMX) reported just before market close that its latest financial results missed analyst estimates but the company raised its 2011 outlook. Its net loss was US$1 million, or two cents per diluted share. Analysts had been expecting a net profit of nine cents per share. Shares were up six per cent or $1.79 to $32.55.
Wall Street markets closed at a 2011 high despite modest economic growth in the U.S.
The Dow Jones industrial average added 72.35 points to 12,763.31. The Nasdaq index was up 2.65 points at 2,872.53 while the Standard & Poor’s 500 index gained 4.82 points to 1,360.48.
In other U.S. economic news, the National Association of Realtors’ pending home sales index showed sales agreements for homes rose 5.1 per cent last month to a reading of 94.1. Sales were uneven across the country and were not enough to signal a rebound in the housing market.
Corporate earnings from U.S. companies were mixed.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Dominion Lending Centres Clearlease announces this exciting growth opportunity is ideal for the individual who enjoys an entrepreneurial attitude and wants no limits on the amount of income that can be earned. If you are a creative individual, self-starter, and desire the opportunity to advance to a sales management position, then this could be the opportunity you’ve been looking for. Our compensation plan is extremely generous with no cap on income – it is simply based on the profitable business you bring in.
We are a fast-growing, independent equipment leasing company with an exceptional reputation and secure and varied funding sources. We typically write transactions from $2,000 to $500,000. We are vendor-oriented, with most of our business coming from the office equipment and computer marketplace, but we welcome those individuals who have a following in other industries such as printing, machinery, communications, etc.Current Employment Opportunities Available in Leasing:
At Dominion Lending Centres Clearlease, we offer an environment that allows our team members to be creative, independent thinkers, and contribute directly to the growth of the Company. We work extremely hard, but believe it is important for work to be fun and fulfilling, too.
If you are looking to be part of a great team of people and build a successful career with a fast-growing entrepreneurial organization, then Dominion Lending Centres Clearlease could be the right place for you.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Dominion Lending Centres Clearlease announces this exciting growth opportunity is ideal for the individual who enjoys an entrepreneurial attitude and wants no limits on the amount of income that can be earned. If you are a creative individual, self-starter, and desire the opportunity to advance to a sales management position, then this could be the opportunity you’ve been looking for. Our compensation plan is extremely generous with no cap on income – it is simply based on the profitable business you bring in.
We are a fast-growing, independent equipment leasing company with an exceptional reputation and secure and varied funding sources. We typically write transactions from $2,000 to $500,000. We are vendor-oriented, with most of our business coming from the office equipment and computer marketplace, but we welcome those individuals who have a following in other industries such as printing, machinery, communications, etc.Current Employment Opportunities Available in Leasing:
At Dominion Lending Centres Clearlease, we offer an environment that allows our team members to be creative, independent thinkers, and contribute directly to the growth of the Company. We work extremely hard, but believe it is important for work to be fun and fulfilling, too.
If you are looking to be part of a great team of people and build a successful career with a fast-growing entrepreneurial organization, then Dominion Lending Centres Clearlease could be the right place for you.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Dominion Lending Centres Clearlease announces this exciting growth opportunity is ideal for the individual who enjoys an entrepreneurial attitude and wants no limits on the amount of income that can be earned. If you are a creative individual, self-starter, and desire the opportunity to advance to a sales management position, then this could be the opportunity you’ve been looking for. Our compensation plan is extremely generous with no cap on income – it is simply based on the profitable business you bring in.
We are a fast-growing, independent equipment leasing company with an exceptional reputation and secure and varied funding sources. We typically write transactions from $2,000 to $500,000. We are vendor-oriented, with most of our business coming from the office equipment and computer marketplace, but we welcome those individuals who have a following in other industries such as printing, machinery, communications, etc.Current Employment Opportunities Available in Leasing:
At Dominion Lending Centres Clearlease, we offer an environment that allows our team members to be creative, independent thinkers, and contribute directly to the growth of the Company. We work extremely hard, but believe it is important for work to be fun and fulfilling, too.
If you are looking to be part of a great team of people and build a successful career with a fast-growing entrepreneurial organization, then Dominion Lending Centres Clearlease could be the right place for you.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Dominion Lending Centres Clearlease announces this exciting growth opportunity is ideal for the individual who enjoys an entrepreneurial attitude and wants no limits on the amount of income that can be earned. If you are a creative individual, self-starter, and desire the opportunity to advance to a sales management position, then this could be the opportunity you’ve been looking for. Our compensation plan is extremely generous with no cap on income – it is simply based on the profitable business you bring in.
We are a fast-growing, independent equipment leasing company with an exceptional reputation and secure and varied funding sources. We typically write transactions from $2,000 to $500,000. We are vendor-oriented, with most of our business coming from the office equipment and computer marketplace, but we welcome those individuals who have a following in other industries such as printing, machinery, communications, etc.Current Employment Opportunities Available in Leasing:
At Dominion Lending Centres Clearlease, we offer an environment that allows our team members to be creative, independent thinkers, and contribute directly to the growth of the Company. We work extremely hard, but believe it is important for work to be fun and fulfilling, too.
If you are looking to be part of a great team of people and build a successful career with a fast-growing entrepreneurial organization, then Dominion Lending Centres Clearlease could be the right place for you.
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.
Agnico-Eagle Mines Ltd. (TSX:AEM) 73 per cent rev increase and doubles Q1 profits Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports Higher gold, silver, zinc and copper prices helped Agnico-Eagle Mines Ltd. (TSX:AEM) more than double its first-quarter profit and increase revenue by 73 per cent, the Toronto-based company said Thursday.
Agnico-Eagle, which reports in U.S. currency, had $45.3 million of net income before adjustments, or 27 cents per share. Revenue was $418 million from all sources, with all but $6 million from mining operations.
Adjusted net income was $76.5 million or 45 cents per share, after excluding foreign currency loss, stock option expense, a $3.1-million expense related to a fire in March at a major mine and a gain from the sale of investments.
Analysts polled by Thomson Reuters had predicted earnings per share of 50 cents per share.
The fire, in the kitchen at Agnico-Eagle’s new Meadowbank mine in Nunavut, reduced the number of staff and slashed production at the operations.
The company also said March 29, about two weeks after the fire, that its 2011 annual production target was being lowered to between 1.08 million and 1.15 million ounces of gold from the previous range of 1.13 million to 1.23 million.
Agnico-Eagle said Thursday that Meadowbank was back to its full production rate. It’s expected to produce 310,000 ounces of gold this year, down from the previous estimate of 360,000 ounces.
In the first quarter of 2010, Agnico-Eagle reported net income of $22.3 million, or $14 cents per share.
Agnico-Eagle has operations in Canada, the United States, Mexico and Finland.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports Higher gold, silver, zinc and copper prices helped Agnico-Eagle Mines Ltd. (TSX:AEM) more than double its first-quarter profit and increase revenue by 73 per cent, the Toronto-based company said Thursday.
Agnico-Eagle, which reports in U.S. currency, had $45.3 million of net income before adjustments, or 27 cents per share. Revenue was $418 million from all sources, with all but $6 million from mining operations.
Adjusted net income was $76.5 million or 45 cents per share, after excluding foreign currency loss, stock option expense, a $3.1-million expense related to a fire in March at a major mine and a gain from the sale of investments.
Analysts polled by Thomson Reuters had predicted earnings per share of 50 cents per share.
The fire, in the kitchen at Agnico-Eagle’s new Meadowbank mine in Nunavut, reduced the number of staff and slashed production at the operations.
The company also said March 29, about two weeks after the fire, that its 2011 annual production target was being lowered to between 1.08 million and 1.15 million ounces of gold from the previous range of 1.13 million to 1.23 million.
Agnico-Eagle said Thursday that Meadowbank was back to its full production rate. It’s expected to produce 310,000 ounces of gold this year, down from the previous estimate of 360,000 ounces.
In the first quarter of 2010, Agnico-Eagle reported net income of $22.3 million, or $14 cents per share.
Agnico-Eagle has operations in Canada, the United States, Mexico and Finland.
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.
Agnico-Eagle Mines Ltd. (TSX:AEM) 73 per cent rev increase and doubles Q1 profits Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports Higher gold, silver, zinc and copper prices helped Agnico-Eagle Mines Ltd. (TSX:AEM) more than double its first-quarter profit and increase revenue by 73 per cent, the Toronto-based company said Thursday.
Agnico-Eagle, which reports in U.S. currency, had $45.3 million of net income before adjustments, or 27 cents per share. Revenue was $418 million from all sources, with all but $6 million from mining operations.
Adjusted net income was $76.5 million or 45 cents per share, after excluding foreign currency loss, stock option expense, a $3.1-million expense related to a fire in March at a major mine and a gain from the sale of investments.
Analysts polled by Thomson Reuters had predicted earnings per share of 50 cents per share.
The fire, in the kitchen at Agnico-Eagle’s new Meadowbank mine in Nunavut, reduced the number of staff and slashed production at the operations.
The company also said March 29, about two weeks after the fire, that its 2011 annual production target was being lowered to between 1.08 million and 1.15 million ounces of gold from the previous range of 1.13 million to 1.23 million.
Agnico-Eagle said Thursday that Meadowbank was back to its full production rate. It’s expected to produce 310,000 ounces of gold this year, down from the previous estimate of 360,000 ounces.
In the first quarter of 2010, Agnico-Eagle reported net income of $22.3 million, or $14 cents per share.
Agnico-Eagle has operations in Canada, the United States, Mexico and Finland.
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.
Swift Resources (TSXV:SWR.V) announced Second Tranche placement Placement Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Swift Resources Inc. (TSXV:SWR.V) is announced that further to the Company’s news release dated April 1, 2011, the Company has closed the Second Tranche of its non-brokered private placement for Non Flow through Units (“NFT”). TSX approval is pending. The total placement consisted of a total of 1,940,000 NFT Units at a price of $0.10 per share for gross proceeds of $194,000.
Each Non NFT unit consists of one share and one share purchase warrant, with each warrant exercisable to acquire an additional share for a period of 2 years from the closing date at an exercise price of $0.15.
All securities issued will be subject to a four-month hold period. Finder’s fees may be payable in accordance with the policies of the TSX.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports Swift Resources Inc. (TSXV:SWR.V) is announced that further to the Company’s news release dated April 1, 2011, the Company has closed the Second Tranche of its non-brokered private placement for Non Flow through Units (“NFT”). TSX approval is pending. The total placement consisted of a total of 1,940,000 NFT Units at a price of $0.10 per share for gross proceeds of $194,000.
Each Non NFT unit consists of one share and one share purchase warrant, with each warrant exercisable to acquire an additional share for a period of 2 years from the closing date at an exercise price of $0.15.
All securities issued will be subject to a four-month hold period. Finder’s fees may be payable in accordance with the policies of the TSX.
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.
Swift Resources (TSXV:SWR.V) announced Second Tranche placement Placement Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports Swift Resources Inc. (TSXV:SWR.V) is announced that further to the Company’s news release dated April 1, 2011, the Company has closed the Second Tranche of its non-brokered private placement for Non Flow through Units (“NFT”). TSX approval is pending. The total placement consisted of a total of 1,940,000 NFT Units at a price of $0.10 per share for gross proceeds of $194,000.
Each Non NFT unit consists of one share and one share purchase warrant, with each warrant exercisable to acquire an additional share for a period of 2 years from the closing date at an exercise price of $0.15.
All securities issued will be subject to a four-month hold period. Finder’s fees may be payable in accordance with the policies of the TSX.
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.
AgriMarine Holdings Inc. (TSXV:FSH.V)(Other OTC:AGMHF.PK)(Frankfurt:A2G.F) announced $12 million placement Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports AgriMarine Holdings Inc. (TSXV:FSH.V)(Other OTC:AGMHF.PK)(Frankfurt:A2G.F) recently announced a private placement for gross proceeds of up to $12 million. The Financing will be conducted on a commercially reasonable best effort basis led by Canaccord Genuity Corp. and Cormark Securities Inc. (the “Agents”).
Each Unit will be priced at $0.35 and will consist of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at an exercise price $0.50 for a period of 36 months following the closing of the Financing.
The net proceeds from the Financing will be used for tank development, working capital and general corporate purposes.
Finder’s fees may be payable in connection with a portion of the private placement, in accordance with TSX Venture Exchange policies. Closing of the Private Placement is scheduled for the week of May 23, 2011, subject to the approval of the TSX Venture Exchange and the satisfaction of other customary closing conditions.
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
VANCOUVER, BRITISH COLUMBIA – (April 28, 2011) Clearlease Reports AgriMarine Holdings Inc. (TSXV:FSH.V)(Other OTC:AGMHF.PK)(Frankfurt:A2G.F) recently announced a private placement for gross proceeds of up to $12 million. The Financing will be conducted on a commercially reasonable best effort basis led by Canaccord Genuity Corp. and Cormark Securities Inc. (the “Agents”).
Each Unit will be priced at $0.35 and will consist of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at an exercise price $0.50 for a period of 36 months following the closing of the Financing.
The net proceeds from the Financing will be used for tank development, working capital and general corporate purposes.
Finder’s fees may be payable in connection with a portion of the private placement, in accordance with TSX Venture Exchange policies. Closing of the Private Placement is scheduled for the week of May 23, 2011, subject to the approval of the TSX Venture Exchange and the satisfaction of other customary closing conditions.
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.
AgriMarine Holdings Inc. (TSXV:FSH.V)(Other OTC:AGMHF.PK)(Frankfurt:A2G.F) announced $12 million placement Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 29, 2011) Clearlease Reports AgriMarine Holdings Inc. (TSXV:FSH.V)(Other OTC:AGMHF.PK)(Frankfurt:A2G.F) recently announced a private placement for gross proceeds of up to $12 million. The Financing will be conducted on a commercially reasonable best effort basis led by Canaccord Genuity Corp. and Cormark Securities Inc. (the “Agents”).
Each Unit will be priced at $0.35 and will consist of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at an exercise price $0.50 for a period of 36 months following the closing of the Financing.
The net proceeds from the Financing will be used for tank development, working capital and general corporate purposes.
Finder’s fees may be payable in connection with a portion of the private placement, in accordance with TSX Venture Exchange policies. Closing of the Private Placement is scheduled for the week of May 23, 2011, subject to the approval of the TSX Venture Exchange and the satisfaction of other customary closing conditions.
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.
