Dominion Lending Centres Clearlease Reports Reports European Markets Fall As Lenders Slide
VANCOUVER, BC – (May 5, 2011) Clearlease the European markets are in negative territory in afternoon trading Thursday, dragged down by lenders, ahead of the monetary policy decision from the European Central Bank. Sentiment was impacted by mixed earnings news and falling U.S. futures, as concerns about economic recovery discouraged risk-appetite.
The Euro Stoxx 50 index of euro zone blue chippers is losing 1.22 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is receding 0.88 percent.
The German DAX is declining 0.77 percent, and the French CAC 40 is slipping 1.17 percent. The UK’s FTSE 100 is dropping 0.79 percent, while Switzerland’s SMI is retreating 0.91 percent.
In Frankfurt, insurer Allianz is falling 3.7 percent, followed by BMW, which is down 1.5 percent. Cheuvreux reduced its rating on BMW to “Underperform” from “Outperform.” Meanwhile, Credit Suisse raised its price target on the stock to 80 euros from 70 euros.
Other car manufacturers Daimler and Volkswagen are declining 1.3 percent and 0.7 percent, respectively. However, truckmaker MAN is rising 0.8 percent.
Commerzbank is losing 1.6 percent and Deutsche Bank is falling 0.3 percent.
EON is down 1.3 percent after the utility reaffirmed its full year earnings view.
Adidas is gaining 4.2 percent. The sports goods giant upped its sales outlook for the year as first-quarter profit increased from last year. Personal care products maker Beiersdorf, which reported a rise in first-quarter profit, is gaining 1.6 percent.
Insurer Munich Re and detergent maker Henkel are rising 1.2 percent and 1.1 percent, respectively. Goldman Sachs raised its price target on Henkel to 50.10 euros from 49.30 euros.
Lender Societe Generale is declining 4.1 percent in Paris after reporting a drop in first-quarter profit. Credit Agricole and Natixis are notably lower. BNP Paribas is losing 0.5 percent
Car manufacturers Renault and Peugeot are receding 2.7 percent and 2.1 percent, respectively.
Cement giant Lafarge, which reported a loss for the first quarter, is modestly higher.
In London, Lloyds Banking Group is plunging 9.1 percent. The lender reported a hefty loss for the first quarter. Royal Bank of Scotland is declining 4.4 percent and Barclays is losing 2.1 percent.
Vedanta Resources is dropping 4.6 percent, despite reporting a surge in full year profit. Fresnillo, Kazakhmys, Xstrata, Anglo American, Rio Tinto and BHP Billiton are losing between 3.3 percent and 1.4 percent. However, Randgold Resources, which reported a surge in first-quarter profit, is up 0.6 percent.
In economic news, the U.K. service sector growth eased sharply in April following March’s surge, data from Markit Economics showed. The Purchasing Managers’ Index for the service sector fell to 54.3 from 57.1 in March. Economists had expected it to fall to 56 in April.
Meanwhile, the Bank of England left its key interest rate unchanged at a historic low of 0.5 percent again as expected and maintained the size of the quantitative easing at GBP 200 billion.
Across Asia/Pacific, markets had a mixed outing. Australia’s All Ordinaries added 0.31 percent and China’s Shanghai Composite Index gained 0.26 percent, while Hong Kong’s Hang Seng retreated 0.24 percent.
In the U.S., futures point to a negative open on Wall Street. In the previous session, the Dow fell 0.7 percent, the Nasdaq slipped 0.5 percent and the S&P 500 dropped 0.7 percent.
Crude for June delivery is sliding $2.25 to $106.99 per barrel and June gold is losing $12 to $1503.3 a troy ounce.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
VANCOUVER, BC – (May 5, 2011) Clearlease the European markets are in negative territory in afternoon trading Thursday, dragged down by lenders, ahead of the monetary policy decision from the European Central Bank. Sentiment was impacted by mixed earnings news and falling U.S. futures, as concerns about economic recovery discouraged risk-appetite.
The Euro Stoxx 50 index of euro zone blue chippers is losing 1.22 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is receding 0.88 percent.
The German DAX is declining 0.77 percent, and the French CAC 40 is slipping 1.17 percent. The UK’s FTSE 100 is dropping 0.79 percent, while Switzerland’s SMI is retreating 0.91 percent.
In Frankfurt, insurer Allianz is falling 3.7 percent, followed by BMW, which is down 1.5 percent. Cheuvreux reduced its rating on BMW to “Underperform” from “Outperform.” Meanwhile, Credit Suisse raised its price target on the stock to 80 euros from 70 euros.
Other car manufacturers Daimler and Volkswagen are declining 1.3 percent and 0.7 percent, respectively. However, truckmaker MAN is rising 0.8 percent.
Commerzbank is losing 1.6 percent and Deutsche Bank is falling 0.3 percent.
EON is down 1.3 percent after the utility reaffirmed its full year earnings view.
Adidas is gaining 4.2 percent. The sports goods giant upped its sales outlook for the year as first-quarter profit increased from last year. Personal care products maker Beiersdorf, which reported a rise in first-quarter profit, is gaining 1.6 percent.
Insurer Munich Re and detergent maker Henkel are rising 1.2 percent and 1.1 percent, respectively. Goldman Sachs raised its price target on Henkel to 50.10 euros from 49.30 euros.
Lender Societe Generale is declining 4.1 percent in Paris after reporting a drop in first-quarter profit. Credit Agricole and Natixis are notably lower. BNP Paribas is losing 0.5 percent
Car manufacturers Renault and Peugeot are receding 2.7 percent and 2.1 percent, respectively.
Cement giant Lafarge, which reported a loss for the first quarter, is modestly higher.
In London, Lloyds Banking Group is plunging 9.1 percent. The lender reported a hefty loss for the first quarter. Royal Bank of Scotland is declining 4.4 percent and Barclays is losing 2.1 percent.
Vedanta Resources is dropping 4.6 percent, despite reporting a surge in full year profit. Fresnillo, Kazakhmys, Xstrata, Anglo American, Rio Tinto and BHP Billiton are losing between 3.3 percent and 1.4 percent. However, Randgold Resources, which reported a surge in first-quarter profit, is up 0.6 percent.
In economic news, the U.K. service sector growth eased sharply in April following March’s surge, data from Markit Economics showed. The Purchasing Managers’ Index for the service sector fell to 54.3 from 57.1 in March. Economists had expected it to fall to 56 in April.
Meanwhile, the Bank of England left its key interest rate unchanged at a historic low of 0.5 percent again as expected and maintained the size of the quantitative easing at GBP 200 billion.
Across Asia/Pacific, markets had a mixed outing. Australia’s All Ordinaries added 0.31 percent and China’s Shanghai Composite Index gained 0.26 percent, while Hong Kong’s Hang Seng retreated 0.24 percent.
In the U.S., futures point to a negative open on Wall Street. In the previous session, the Dow fell 0.7 percent, the Nasdaq slipped 0.5 percent and the S&P 500 dropped 0.7 percent.
Crude for June delivery is sliding $2.25 to $106.99 per barrel and June gold is losing $12 to $1503.3 a troy ounce.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk
Dominion Lending Centres Clearlease Reports Reports European Markets Fall As Lenders Slide
VANCOUVER, BC – (May 5, 2011) Clearlease the European markets are in negative territory in afternoon trading Thursday, dragged down by lenders, ahead of the monetary policy decision from the European Central Bank. Sentiment was impacted by mixed earnings news and falling U.S. futures, as concerns about economic recovery discouraged risk-appetite.
The Euro Stoxx 50 index of euro zone blue chippers is losing 1.22 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is receding 0.88 percent.
The German DAX is declining 0.77 percent, and the French CAC 40 is slipping 1.17 percent. The UK’s FTSE 100 is dropping 0.79 percent, while Switzerland’s SMI is retreating 0.91 percent.
In Frankfurt, insurer Allianz is falling 3.7 percent, followed by BMW, which is down 1.5 percent. Cheuvreux reduced its rating on BMW to “Underperform” from “Outperform.” Meanwhile, Credit Suisse raised its price target on the stock to 80 euros from 70 euros.
Other car manufacturers Daimler and Volkswagen are declining 1.3 percent and 0.7 percent, respectively. However, truckmaker MAN is rising 0.8 percent.
Commerzbank is losing 1.6 percent and Deutsche Bank is falling 0.3 percent.
EON is down 1.3 percent after the utility reaffirmed its full year earnings view.
Adidas is gaining 4.2 percent. The sports goods giant upped its sales outlook for the year as first-quarter profit increased from last year. Personal care products maker Beiersdorf, which reported a rise in first-quarter profit, is gaining 1.6 percent.
Insurer Munich Re and detergent maker Henkel are rising 1.2 percent and 1.1 percent, respectively. Goldman Sachs raised its price target on Henkel to 50.10 euros from 49.30 euros.
Lender Societe Generale is declining 4.1 percent in Paris after reporting a drop in first-quarter profit. Credit Agricole and Natixis are notably lower. BNP Paribas is losing 0.5 percent
Car manufacturers Renault and Peugeot are receding 2.7 percent and 2.1 percent, respectively.
Cement giant Lafarge, which reported a loss for the first quarter, is modestly higher.
In London, Lloyds Banking Group is plunging 9.1 percent. The lender reported a hefty loss for the first quarter. Royal Bank of Scotland is declining 4.4 percent and Barclays is losing 2.1 percent.
Vedanta Resources is dropping 4.6 percent, despite reporting a surge in full year profit. Fresnillo, Kazakhmys, Xstrata, Anglo American, Rio Tinto and BHP Billiton are losing between 3.3 percent and 1.4 percent. However, Randgold Resources, which reported a surge in first-quarter profit, is up 0.6 percent.
In economic news, the U.K. service sector growth eased sharply in April following March’s surge, data from Markit Economics showed. The Purchasing Managers’ Index for the service sector fell to 54.3 from 57.1 in March. Economists had expected it to fall to 56 in April.
Meanwhile, the Bank of England left its key interest rate unchanged at a historic low of 0.5 percent again as expected and maintained the size of the quantitative easing at GBP 200 billion.
Across Asia/Pacific, markets had a mixed outing. Australia’s All Ordinaries added 0.31 percent and China’s Shanghai Composite Index gained 0.26 percent, while Hong Kong’s Hang Seng retreated 0.24 percent.
In the U.S., futures point to a negative open on Wall Street. In the previous session, the Dow fell 0.7 percent, the Nasdaq slipped 0.5 percent and the S&P 500 dropped 0.7 percent.
Crude for June delivery is sliding $2.25 to $106.99 per barrel and June gold is losing $12 to $1503.3 a troy ounce.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Video Link: http://youtu.be/f_kk7WJa7Uk