Dominion Lending Centres Clearlease Reports After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday
VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday. The major averages are lingering near the unchanged line amid a light day on the economic news front.
Most of the major sectors are showing only modest moves, although early strength has emerged among oil service stocks. The strength in the sector comes as the price of crude oil is regaining some ground after falling sharply last week.
Crude for June delivery is currently rising $2.57 to $99.75 a barrel after plunging $16.74 or 14.7 percent to $97.18 a barrel last week.
While gold stocks are also moving higher amid a rebound by the price of the precious metal, airline stocks are giving back some ground after last week’s rally in the oil-sensitive sector.
Among individual stocks, shares of Dollar Thrifty (DTG) have shown a strong upward move on news that Hertz Global (HTZ) has raised its offer to acquire the car rental company in an effort to outbid rival Avis Budget Group (CAR).
Hertz said it has offered to acquire Dollar Thrifty for $72 per share, consisting of $57.60 in cash and 0.8546 shares of Hertz. The company claimed that its offer represents a 24 percent premium to the offer made by Avis.
Fast food giant McDonald’s (MCD) is also trading higher after the company said that its global comparable store sales for April rose 6 percent, faster than the 4.9 percent increase in the year-ago period. Comparable sales in the U.S. rose by 4 percent.
Meanwhile, Tyson Foods (TSN) is in the red after reporting second quarter earnings of $0.42 per share, flat with last year and a penny below analyst estimates. The meat producer said its sales for the quarter rose to $8 billion, exceeding the $7.55 billion consensus estimate.
Tyson also said it expects 2011 sales to exceed $32 billion, mostly due to price increases. Analysts had expected revenues for the year of $31.0 billion.
The major averages are currently turning in a mixed performance, with the tech-heavy Nasdaq posting a modest loss. The Nasdaq is down 1.45 points or 0.1 percent at 2,826.11, while the Dow is up 11.27 points or 0.1 percent at 12,650.01 and the S&P 500 is up 1.35 points or 0.1 percent at 1,341.55.
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 9, 2011) Clearlease Reports for Monday May 9, 2011 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday. The major averages are lingering near the unchanged line amid a light day on the economic news front.
Most of the major sectors are showing only modest moves, although early strength has emerged among oil service stocks. The strength in the sector comes as the price of crude oil is regaining some ground after falling sharply last week.
Crude for June delivery is currently rising $2.57 to $99.75 a barrel after plunging $16.74 or 14.7 percent to $97.18 a barrel last week.
While gold stocks are also moving higher amid a rebound by the price of the precious metal, airline stocks are giving back some ground after last week’s rally in the oil-sensitive sector.
Among individual stocks, shares of Dollar Thrifty (DTG) have shown a strong upward move on news that Hertz Global (HTZ) has raised its offer to acquire the car rental company in an effort to outbid rival Avis Budget Group (CAR).
Hertz said it has offered to acquire Dollar Thrifty for $72 per share, consisting of $57.60 in cash and 0.8546 shares of Hertz. The company claimed that its offer represents a 24 percent premium to the offer made by Avis.
Fast food giant McDonald’s (MCD) is also trading higher after the company said that its global comparable store sales for April rose 6 percent, faster than the 4.9 percent increase in the year-ago period. Comparable sales in the U.S. rose by 4 percent.
Meanwhile, Tyson Foods (TSN) is in the red after reporting second quarter earnings of $0.42 per share, flat with last year and a penny below analyst estimates. The meat producer said its sales for the quarter rose to $8 billion, exceeding the $7.55 billion consensus estimate.
Tyson also said it expects 2011 sales to exceed $32 billion, mostly due to price increases. Analysts had expected revenues for the year of $31.0 billion.
The major averages are currently turning in a mixed performance, with the tech-heavy Nasdaq posting a modest loss. The Nasdaq is down 1.45 points or 0.1 percent at 2,826.11, while the Dow is up 11.27 points or 0.1 percent at 12,650.01 and the S&P 500 is up 1.35 points or 0.1 percent at 1,341.55.
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 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday
VANCOUVER, BC – (May 9, 2011) Clearlease Reports for Monday May 9, 2011 After showing a notable move to the downside last week, stocks are showing a lack of direction in early trading on Monday. The major averages are lingering near the unchanged line amid a light day on the economic news front.
Most of the major sectors are showing only modest moves, although early strength has emerged among oil service stocks. The strength in the sector comes as the price of crude oil is regaining some ground after falling sharply last week.
Crude for June delivery is currently rising $2.57 to $99.75 a barrel after plunging $16.74 or 14.7 percent to $97.18 a barrel last week.
While gold stocks are also moving higher amid a rebound by the price of the precious metal, airline stocks are giving back some ground after last week’s rally in the oil-sensitive sector.
Among individual stocks, shares of Dollar Thrifty (DTG) have shown a strong upward move on news that Hertz Global (HTZ) has raised its offer to acquire the car rental company in an effort to outbid rival Avis Budget Group (CAR).
Hertz said it has offered to acquire Dollar Thrifty for $72 per share, consisting of $57.60 in cash and 0.8546 shares of Hertz. The company claimed that its offer represents a 24 percent premium to the offer made by Avis.
Fast food giant McDonald’s (MCD) is also trading higher after the company said that its global comparable store sales for April rose 6 percent, faster than the 4.9 percent increase in the year-ago period. Comparable sales in the U.S. rose by 4 percent.
Meanwhile, Tyson Foods (TSN) is in the red after reporting second quarter earnings of $0.42 per share, flat with last year and a penny below analyst estimates. The meat producer said its sales for the quarter rose to $8 billion, exceeding the $7.55 billion consensus estimate.
Tyson also said it expects 2011 sales to exceed $32 billion, mostly due to price increases. Analysts had expected revenues for the year of $31.0 billion.
The major averages are currently turning in a mixed performance, with the tech-heavy Nasdaq posting a modest loss. The Nasdaq is down 1.45 points or 0.1 percent at 2,826.11, while the Dow is up 11.27 points or 0.1 percent at 12,650.01 and the S&P 500 is up 1.35 points or 0.1 percent at 1,341.55.
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