Dominion Lending Centres Clearlease Reports Reports stocks showed a notable move to the upside at the start of trading on Wednesday, buying interest waned not long after the open. The major averages have subsequently pulled back well off their highs for the session but remain in positive territory.
VANCOUVER – (April 13, 2011) Dominion Lending Centres Clearlease Reports While stocks showed a notable move to the upside at the start of trading on Wednesday, buying interest waned not long after the open. The major averages have subsequently pulled back well off their highs for the session but remain in positive territory.
The Nasdaq is outperforming its counterparts in mid-morning trading, with the tech-heavy index up by 14.70 points or 0.5 percent at 2,759.49, while the Dow is up 24.10 points or 0.2 percent at 12,287.68 and the S&P 500 is up 2.29 points or 0.2 percent at 1,316.45.
The initial strength in the markets was partly due to the release of a relatively upbeat report on U.S. retail sales in the month of March.
The report showed that retail sales rose by 0.4 percent in March following an upwardly revised 1.1 percent increase in February. Economists had expected sales to increase by 0.5 percent compared to the 1.0 percent increase originally reported for the previous month.
Excluding a 1.7 percent drop in auto sales, retail sales rose by 0.8 percent in March compared to an upwardly revised 1.1 percent increase in the previous month. Ex-auto sales had been expected to increase by 0.7 percent, matching the growth originally reported for February.
While sales rose for the ninth consecutive month, analysts have pointed out that the sales growth was due in large part to higher gasoline prices.
A positive reaction to better than expected earnings from JP Morgan (JPM) also contributed to the initial upward move, although shares of JP Morgan have pulled back near the unchanged line since then.
JP Morgan reported first quarter net income that climbed to $5.56 billion or $1.28 per share from $3.33 billion or $0.74 per share in the same quarter last year. Analysts had been expecting the company to report earnings of $1.16 per share.
Later today, trading could be impacted by the release of the Federal Reserve’s Beige Book, a compilation of anecdotal evidence on economic conditions from each of the 12 Fed districts. The report is due to be released at 2 pm ET.
Sector News
Electronic storage stocks have shown a notable move to the upside in morning trading, driving the NYSE Arca Disk Drive Index up by 3 percent. The gain by the index comes after it closed lower in each of the two previous sessions.
Within the storage sector, shares of Quantum (QTM) have surged up by 20.8 percent to their best intraday level in over two months. Quantum has benefited from news that it has entered into an agreement enabling NetApp (NTAP) to resell Quantum’s StorNext software.
Significant strength has also emerged among networking stocks, as reflected by the 1.5 percent gain currently being shown by the NYSE Arca Networking Index. Ciena (CIEN) is helping to lead the sector higher, advancing by 3.7 percent.
Adtran (ADTN) is also up by 1.4 percent after the communications equipment maker reported first quarter earnings of $0.52 per share on revenues of $165.52 million compared to analyst estimates for earnings of $0.46 per share on revenues of $162.63 million.
Most of the other major sectors are showing more modest moves, although notable strength is visible among software and natural gas stocks. On the other hand, airline, defense and housing stocks are seeing moderate weakness on the day
DLC Clearlease currently has the following employment opportunities available: http://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.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
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.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###
VANCOUVER – (April 13, 2011) Dominion Lending Centres Clearlease Reports While stocks showed a notable move to the upside at the start of trading on Wednesday, buying interest waned not long after the open. The major averages have subsequently pulled back well off their highs for the session but remain in positive territory.
The Nasdaq is outperforming its counterparts in mid-morning trading, with the tech-heavy index up by 14.70 points or 0.5 percent at 2,759.49, while the Dow is up 24.10 points or 0.2 percent at 12,287.68 and the S&P 500 is up 2.29 points or 0.2 percent at 1,316.45.
The initial strength in the markets was partly due to the release of a relatively upbeat report on U.S. retail sales in the month of March.
The report showed that retail sales rose by 0.4 percent in March following an upwardly revised 1.1 percent increase in February. Economists had expected sales to increase by 0.5 percent compared to the 1.0 percent increase originally reported for the previous month.
Excluding a 1.7 percent drop in auto sales, retail sales rose by 0.8 percent in March compared to an upwardly revised 1.1 percent increase in the previous month. Ex-auto sales had been expected to increase by 0.7 percent, matching the growth originally reported for February.
While sales rose for the ninth consecutive month, analysts have pointed out that the sales growth was due in large part to higher gasoline prices.
A positive reaction to better than expected earnings from JP Morgan (JPM) also contributed to the initial upward move, although shares of JP Morgan have pulled back near the unchanged line since then.
JP Morgan reported first quarter net income that climbed to $5.56 billion or $1.28 per share from $3.33 billion or $0.74 per share in the same quarter last year. Analysts had been expecting the company to report earnings of $1.16 per share.
Later today, trading could be impacted by the release of the Federal Reserve’s Beige Book, a compilation of anecdotal evidence on economic conditions from each of the 12 Fed districts. The report is due to be released at 2 pm ET.
Sector News
Electronic storage stocks have shown a notable move to the upside in morning trading, driving the NYSE Arca Disk Drive Index up by 3 percent. The gain by the index comes after it closed lower in each of the two previous sessions.
Within the storage sector, shares of Quantum (QTM) have surged up by 20.8 percent to their best intraday level in over two months. Quantum has benefited from news that it has entered into an agreement enabling NetApp (NTAP) to resell Quantum’s StorNext software.
Significant strength has also emerged among networking stocks, as reflected by the 1.5 percent gain currently being shown by the NYSE Arca Networking Index. Ciena (CIEN) is helping to lead the sector higher, advancing by 3.7 percent.
Adtran (ADTN) is also up by 1.4 percent after the communications equipment maker reported first quarter earnings of $0.52 per share on revenues of $165.52 million compared to analyst estimates for earnings of $0.46 per share on revenues of $162.63 million.
Most of the other major sectors are showing more modest moves, although notable strength is visible among software and natural gas stocks. On the other hand, airline, defense and housing stocks are seeing moderate weakness on the day
DLC Clearlease currently has the following employment opportunities available: http://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.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
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.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
###Dominion Lending Centres Clearlease Reports Reports stocks showed a notable move to the upside at the start of trading on Wednesday, buying interest waned not long after the open. The major averages have subsequently pulled back well off their highs for the session but remain in positive territory.
VANCOUVER – (April 13, 2011) Dominion Lending Centres Clearlease Reports While stocks showed a notable move to the upside at the start of trading on Wednesday, buying interest waned not long after the open. The major averages have subsequently pulled back well off their highs for the session but remain in positive territory.
The Nasdaq is outperforming its counterparts in mid-morning trading, with the tech-heavy index up by 14.70 points or 0.5 percent at 2,759.49, while the Dow is up 24.10 points or 0.2 percent at 12,287.68 and the S&P 500 is up 2.29 points or 0.2 percent at 1,316.45.
The initial strength in the markets was partly due to the release of a relatively upbeat report on U.S. retail sales in the month of March.
The report showed that retail sales rose by 0.4 percent in March following an upwardly revised 1.1 percent increase in February. Economists had expected sales to increase by 0.5 percent compared to the 1.0 percent increase originally reported for the previous month.
Excluding a 1.7 percent drop in auto sales, retail sales rose by 0.8 percent in March compared to an upwardly revised 1.1 percent increase in the previous month. Ex-auto sales had been expected to increase by 0.7 percent, matching the growth originally reported for February.
While sales rose for the ninth consecutive month, analysts have pointed out that the sales growth was due in large part to higher gasoline prices.
A positive reaction to better than expected earnings from JP Morgan (JPM) also contributed to the initial upward move, although shares of JP Morgan have pulled back near the unchanged line since then.
JP Morgan reported first quarter net income that climbed to $5.56 billion or $1.28 per share from $3.33 billion or $0.74 per share in the same quarter last year. Analysts had been expecting the company to report earnings of $1.16 per share.
Later today, trading could be impacted by the release of the Federal Reserve’s Beige Book, a compilation of anecdotal evidence on economic conditions from each of the 12 Fed districts. The report is due to be released at 2 pm ET.
Sector News
Electronic storage stocks have shown a notable move to the upside in morning trading, driving the NYSE Arca Disk Drive Index up by 3 percent. The gain by the index comes after it closed lower in each of the two previous sessions.
Within the storage sector, shares of Quantum (QTM) have surged up by 20.8 percent to their best intraday level in over two months. Quantum has benefited from news that it has entered into an agreement enabling NetApp (NTAP) to resell Quantum’s StorNext software.
Significant strength has also emerged among networking stocks, as reflected by the 1.5 percent gain currently being shown by the NYSE Arca Networking Index. Ciena (CIEN) is helping to lead the sector higher, advancing by 3.7 percent.
Adtran (ADTN) is also up by 1.4 percent after the communications equipment maker reported first quarter earnings of $0.52 per share on revenues of $165.52 million compared to analyst estimates for earnings of $0.46 per share on revenues of $162.63 million.
Most of the other major sectors are showing more modest moves, although notable strength is visible among software and natural gas stocks. On the other hand, airline, defense and housing stocks are seeing moderate weakness on the day
DLC Clearlease currently has the following employment opportunities available: http://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.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
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.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
Facebook: http://www.facebook.com/Clearlease
Facebook: http://www.facebook.com/pages/Dominion-Lending-Centres-Clearlease/158245787557542
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