Reports on Economy, Micron Technology (MU) and Best Buy (BBY)
Vancouver, B.C., Canada March 24, 2011 – Clearlease.com reports Stocks are seeing modest strength in mid-morning trading on Thursday as traders digest a mixed batch of U.S. economic news. The markets showed a notable move to the upside at the open but buying interest has waned since then amid lingering geopolitical concerns.
After failing to sustain their initial upward move, the major averages have given back some ground but remain positive. The Dow is currently up 27.82 points or 0.2 percent at 12,113.84, the Nasdaq is up 11.70 points or 0.4 percent at 2,710.00 and the S&P 500 is up 3.16 points or 0.2 percent at 1,300.70.
However, the Commerce Department released a separate report showing that orders for durable goods unexpectedly showed a notable decrease in the month of February, with the decrease due in large part to a steep drop in orders for machinery.
Durable goods orders fell by 0.9 percent in February following an upwardly revised 3.6 percent increase in January. Economists had expected orders to increase by 1.5 percent compared to the 3.2 percent increase that had been reported for the previous month.
Traders also continue to keep a close eye on developments overseas, including an emerging political crisis in Portugal, the ongoing nuclear crisis in Japan, and the military conflict in Libya.
Among individual stocks, shares of Micron Technology (MU) have surged up by 7 percent after the chip maker reported second quarter earnings that fell year-over-year but exceeded analyst estimates. The company also reported stronger than expected revenue growth.
Best Buy (BBY) is also rising by 2.4 percent after reporting better than expected fourth quarter adjusted earnings. However, the consumer electronics retailer also forecast fiscal 2012 adjusted earnings that were below analyst estimates.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving us your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . 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. Currently located in Vancouver, Surrey, Delta and Richmond B.C.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
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Vancouver, B.C., Canada March 24, 2011 – Clearlease.com reports Stocks are seeing modest strength in mid-morning trading on Thursday as traders digest a mixed batch of U.S. economic news. The markets showed a notable move to the upside at the open but buying interest has waned since then amid lingering geopolitical concerns.
After failing to sustain their initial upward move, the major averages have given back some ground but remain positive. The Dow is currently up 27.82 points or 0.2 percent at 12,113.84, the Nasdaq is up 11.70 points or 0.4 percent at 2,710.00 and the S&P 500 is up 3.16 points or 0.2 percent at 1,300.70.
However, the Commerce Department released a separate report showing that orders for durable goods unexpectedly showed a notable decrease in the month of February, with the decrease due in large part to a steep drop in orders for machinery.
Durable goods orders fell by 0.9 percent in February following an upwardly revised 3.6 percent increase in January. Economists had expected orders to increase by 1.5 percent compared to the 3.2 percent increase that had been reported for the previous month.
Traders also continue to keep a close eye on developments overseas, including an emerging political crisis in Portugal, the ongoing nuclear crisis in Japan, and the military conflict in Libya.
Among individual stocks, shares of Micron Technology (MU) have surged up by 7 percent after the chip maker reported second quarter earnings that fell year-over-year but exceeded analyst estimates. The company also reported stronger than expected revenue growth.
Best Buy (BBY) is also rising by 2.4 percent after reporting better than expected fourth quarter adjusted earnings. However, the consumer electronics retailer also forecast fiscal 2012 adjusted earnings that were below analyst estimates.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving us your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . 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. Currently located in Vancouver, Surrey, Delta and Richmond B.C.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
###
Reports on Economy, Micron Technology (MU) and Best Buy (BBY)
Vancouver, B.C., Canada March 24, 2011 – Clearlease.com reports Stocks are seeing modest strength in mid-morning trading on Thursday as traders digest a mixed batch of U.S. economic news. The markets showed a notable move to the upside at the open but buying interest has waned since then amid lingering geopolitical concerns.
After failing to sustain their initial upward move, the major averages have given back some ground but remain positive. The Dow is currently up 27.82 points or 0.2 percent at 12,113.84, the Nasdaq is up 11.70 points or 0.4 percent at 2,710.00 and the S&P 500 is up 3.16 points or 0.2 percent at 1,300.70.
However, the Commerce Department released a separate report showing that orders for durable goods unexpectedly showed a notable decrease in the month of February, with the decrease due in large part to a steep drop in orders for machinery.
Durable goods orders fell by 0.9 percent in February following an upwardly revised 3.6 percent increase in January. Economists had expected orders to increase by 1.5 percent compared to the 3.2 percent increase that had been reported for the previous month.
Traders also continue to keep a close eye on developments overseas, including an emerging political crisis in Portugal, the ongoing nuclear crisis in Japan, and the military conflict in Libya.
Among individual stocks, shares of Micron Technology (MU) have surged up by 7 percent after the chip maker reported second quarter earnings that fell year-over-year but exceeded analyst estimates. The company also reported stronger than expected revenue growth.
Best Buy (BBY) is also rising by 2.4 percent after reporting better than expected fourth quarter adjusted earnings. However, the consumer electronics retailer also forecast fiscal 2012 adjusted earnings that were below analyst estimates.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving us your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html . 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. Currently located in Vancouver, Surrey, Delta and Richmond B.C.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Pidgeon, Editor
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
###