Dominion Lending Centres Clearlease Reports US Market and Morning Stock Update for tuesday June 21, 2011
VANCOUVER, BC (June 21, 2011) Dominion Lending Centres Clearlease Reports US Stocks have moved mostly higher in early trading on Tuesday June 21, 2011, adding to the gains posted in the previous session and climbing further off their recent lows. The major averages have all moved higher, with the Dow and the S&P 500 advancing for the fourth straight session.
The major averages have seen some further upside in the past few minutes, reaching new highs for the young session. The Dow is up 52.68 points or 0.4 percent at 12,133.06, the Nasdaq is up 23.44 points or 0.9 percent at 2,653.10 and the S&P 500 is up 8.28 points or 0.7 percent at 1,286.64.
The early strength on Wall Street is partly due to optimism about the debt crisis in Greece, where Prime Minister George Papandreou is facing a crucial parliamentary vote of confidence on the reshuffled cabinet he unveiled last week.
The confidence vote is a key step in Papandreou’s efforts to win support for additional austerity measures. The vote is expected to pass, as Papandreou’s socialist party holds a five-seat majority in the 300-member Greek parliament.
Miller Tabak equity strategist Peter Boockvar said, “We all hope that Papandreou gets a thumbs up tonight within the Greek government to continue on with the budget cuts that must be followed in order for the country to avoid an outright default by receiving the next round of money from the EU and IMF.”
Networking stocks have shown a notable move to the upside on the day, driving the NYSE Arca Networking Index up by 2.2 percent. With the gain, the index is climbing further off the six-month closing low that it set last Friday.
Steel, railroad, and health insurance stocks are also seeing significant strength, moving higher along with most of the major sectors. Commercial Metals (CMC) is leading the steel sector higher after reporting better than expected third quarter earnings.
Among individual stocks, Best Buy (BBY) is seeing early strength after the consumer electronics retailer said its board has authorized a new $5 billion share repurchase program. The board also approved a 7 percent increase in Best Buy’s quarterly cash dividend to $0.16 per share.
Meanwhile, shares of Walgreen (WAG) are under pressure even though the drug store operator reported third quarter earnings of $0.65 per share, up from $0.47 per share a year ago and above analyst estimates for $0.62 per share. The company said its sales for the quarter rose 6.8 percent to $18.37 billion.
Walgreen also announced that contract renewal negotiations with pharmacy benefits manager Express Scripts (ESRX) have been unsuccessful. As a result, the company is not planning to be a part of Express Scripts’ pharmacy provider network as of January 1, 2012.
In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Tuesday. Japan’s benchmark Nikkei 225 Index advanced by 1.1 percent, while Hong Kong’s Hang Seng Index rose by 1.2 percent.
The major European markets are also moving to the upside on the day. The French CAC 40 Index is up by 1.2 percent, while the U.K.’s FTSE 100 Index and the German DAX Index are both up by 0.8 percent.
In the bond market, treasuries are seeing modest weakness, pulling back further off their highs. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 1.3 basis points at 2.976 percent.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC (June 21, 2011) Dominion Lending Centres Clearlease Reports US Stocks have moved mostly higher in early trading on Tuesday June 21, 2011, adding to the gains posted in the previous session and climbing further off their recent lows. The major averages have all moved higher, with the Dow and the S&P 500 advancing for the fourth straight session.
The major averages have seen some further upside in the past few minutes, reaching new highs for the young session. The Dow is up 52.68 points or 0.4 percent at 12,133.06, the Nasdaq is up 23.44 points or 0.9 percent at 2,653.10 and the S&P 500 is up 8.28 points or 0.7 percent at 1,286.64.
The early strength on Wall Street is partly due to optimism about the debt crisis in Greece, where Prime Minister George Papandreou is facing a crucial parliamentary vote of confidence on the reshuffled cabinet he unveiled last week.
The confidence vote is a key step in Papandreou’s efforts to win support for additional austerity measures. The vote is expected to pass, as Papandreou’s socialist party holds a five-seat majority in the 300-member Greek parliament.
Miller Tabak equity strategist Peter Boockvar said, “We all hope that Papandreou gets a thumbs up tonight within the Greek government to continue on with the budget cuts that must be followed in order for the country to avoid an outright default by receiving the next round of money from the EU and IMF.”
Networking stocks have shown a notable move to the upside on the day, driving the NYSE Arca Networking Index up by 2.2 percent. With the gain, the index is climbing further off the six-month closing low that it set last Friday.
Steel, railroad, and health insurance stocks are also seeing significant strength, moving higher along with most of the major sectors. Commercial Metals (CMC) is leading the steel sector higher after reporting better than expected third quarter earnings.
Among individual stocks, Best Buy (BBY) is seeing early strength after the consumer electronics retailer said its board has authorized a new $5 billion share repurchase program. The board also approved a 7 percent increase in Best Buy’s quarterly cash dividend to $0.16 per share.
Meanwhile, shares of Walgreen (WAG) are under pressure even though the drug store operator reported third quarter earnings of $0.65 per share, up from $0.47 per share a year ago and above analyst estimates for $0.62 per share. The company said its sales for the quarter rose 6.8 percent to $18.37 billion.
Walgreen also announced that contract renewal negotiations with pharmacy benefits manager Express Scripts (ESRX) have been unsuccessful. As a result, the company is not planning to be a part of Express Scripts’ pharmacy provider network as of January 1, 2012.
In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Tuesday. Japan’s benchmark Nikkei 225 Index advanced by 1.1 percent, while Hong Kong’s Hang Seng Index rose by 1.2 percent.
The major European markets are also moving to the upside on the day. The French CAC 40 Index is up by 1.2 percent, while the U.K.’s FTSE 100 Index and the German DAX Index are both up by 0.8 percent.
In the bond market, treasuries are seeing modest weakness, pulling back further off their highs. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 1.3 basis points at 2.976 percent.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports US Market and Morning Stock Update for tuesday June 21, 2011
VANCOUVER, BC (June 21, 2011) Dominion Lending Centres Clearlease Reports US Stocks have moved mostly higher in early trading on Tuesday June 21, 2011, adding to the gains posted in the previous session and climbing further off their recent lows. The major averages have all moved higher, with the Dow and the S&P 500 advancing for the fourth straight session.
The major averages have seen some further upside in the past few minutes, reaching new highs for the young session. The Dow is up 52.68 points or 0.4 percent at 12,133.06, the Nasdaq is up 23.44 points or 0.9 percent at 2,653.10 and the S&P 500 is up 8.28 points or 0.7 percent at 1,286.64.
The early strength on Wall Street is partly due to optimism about the debt crisis in Greece, where Prime Minister George Papandreou is facing a crucial parliamentary vote of confidence on the reshuffled cabinet he unveiled last week.
The confidence vote is a key step in Papandreou’s efforts to win support for additional austerity measures. The vote is expected to pass, as Papandreou’s socialist party holds a five-seat majority in the 300-member Greek parliament.
Miller Tabak equity strategist Peter Boockvar said, “We all hope that Papandreou gets a thumbs up tonight within the Greek government to continue on with the budget cuts that must be followed in order for the country to avoid an outright default by receiving the next round of money from the EU and IMF.”
Networking stocks have shown a notable move to the upside on the day, driving the NYSE Arca Networking Index up by 2.2 percent. With the gain, the index is climbing further off the six-month closing low that it set last Friday.
Steel, railroad, and health insurance stocks are also seeing significant strength, moving higher along with most of the major sectors. Commercial Metals (CMC) is leading the steel sector higher after reporting better than expected third quarter earnings.
Among individual stocks, Best Buy (BBY) is seeing early strength after the consumer electronics retailer said its board has authorized a new $5 billion share repurchase program. The board also approved a 7 percent increase in Best Buy’s quarterly cash dividend to $0.16 per share.
Meanwhile, shares of Walgreen (WAG) are under pressure even though the drug store operator reported third quarter earnings of $0.65 per share, up from $0.47 per share a year ago and above analyst estimates for $0.62 per share. The company said its sales for the quarter rose 6.8 percent to $18.37 billion.
Walgreen also announced that contract renewal negotiations with pharmacy benefits manager Express Scripts (ESRX) have been unsuccessful. As a result, the company is not planning to be a part of Express Scripts’ pharmacy provider network as of January 1, 2012.
In overseas trading, stock markets across the Asia-Pacific region moved mostly higher during trading on Tuesday. Japan’s benchmark Nikkei 225 Index advanced by 1.1 percent, while Hong Kong’s Hang Seng Index rose by 1.2 percent.
The major European markets are also moving to the upside on the day. The French CAC 40 Index is up by 1.2 percent, while the U.K.’s FTSE 100 Index and the German DAX Index are both up by 0.8 percent.
In the bond market, treasuries are seeing modest weakness, pulling back further off their highs. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is up by 1.3 basis points at 2.976 percent.
Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers Alexander Pidgeon and Rene Pidgeon.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk