Dominion Lending Centres Clearlease Reports US Stocks are seeing modest strength in early trading on Tuesday May 24, 2011
VANCOUVER, BC (May 24, 2011) Clearlease Reports Stocks are seeing modest strength in early trading on Tuesday May 24, 2011, regaining some ground after falling sharply in the previous session. The major averages have all moved to the upside after ending Monday’s trading at their worst closing levels in a month.
With the price of oil rebounding after falling sharply on Monday, energy stocks are helping to lead the way higher early on. Crude for July delivery is currently up by $1.56 at $99.26 after plunging $2.40 to $97.70 a barrel in the previous session.
Other resource stocks such as gold and steel stocks are also seeing early strength amid increases in other commodities prices. Most of the other major sectors are showing more modest moves.
Meanwhile, weakness has emerged among health insurance stocks, as reflected by the 1.5 percent loss currently being shown by the Morgan Stanley Healthcare Payor Index. The index is pulling back further off the record closing high it set last Thursday.
Shortly, trading could be impacted by the release of the Commerce Department’s report on new home sales in the month of April.
The Commerce Department is due to release its new home sales report at 10 am ET, with economists expecting sales to come in unchanged compared to the annual rate of 300,000 reported for March.
Among individual stocks, auto parts retailer AutoZone, Inc. (AZO) is seeing early strength after reporting third quarter earnings that rose to $5.29 per share from $4.12 per share in the year-ago quarter, coming in above analyst estimates for earnings of $4.99 per share.
The company said its net sales rose to $1.98 billion from $1.82 billion last year. Analysts had expected revenues of $1.92 billion.
Meanwhile, Medtronic, Inc. (MDT) is trading lower after the medical device maker reported fourth quarter net income that fell to $0.72 per share from $0.86 per share in the same quarter last year.
Excluding charges, Medtronic earned $0.90 compared to analyst estimates for earnings of $0.93 per share. The company said its net sales rose 2 percent to $4.295 billion, while analysts had expected $4.29 billion.
The major averages have pulled back off their highs for the young session but are currently clinging to modest gains. The Dow is up 14.61 points or 0.1 percent at 12,395.87, the Nasdaq is up 2.36 points or 0.1 percent at 2,761.26 and the S&P 500 is up 3.23 points or 0.3 percent at 1,320.60.
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
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
Dominion Lending Centres Clearlease Reports US Stocks are seeing modest strength in early trading on Tuesday May 24, 2011
VANCOUVER, BC (May 24, 2011) Clearlease Reports Stocks are seeing modest strength in early trading on Tuesday May 24, 2011, regaining some ground after falling sharply in the previous session. The major averages have all moved to the upside after ending Monday’s trading at their worst closing levels in a month.
With the price of oil rebounding after falling sharply on Monday, energy stocks are helping to lead the way higher early on. Crude for July delivery is currently up by $1.56 at $99.26 after plunging $2.40 to $97.70 a barrel in the previous session.
Other resource stocks such as gold and steel stocks are also seeing early strength amid increases in other commodities prices. Most of the other major sectors are showing more modest moves.
Meanwhile, weakness has emerged among health insurance stocks, as reflected by the 1.5 percent loss currently being shown by the Morgan Stanley Healthcare Payor Index. The index is pulling back further off the record closing high it set last Thursday.
Shortly, trading could be impacted by the release of the Commerce Department’s report on new home sales in the month of April.
The Commerce Department is due to release its new home sales report at 10 am ET, with economists expecting sales to come in unchanged compared to the annual rate of 300,000 reported for March.
Among individual stocks, auto parts retailer AutoZone, Inc. (AZO) is seeing early strength after reporting third quarter earnings that rose to $5.29 per share from $4.12 per share in the year-ago quarter, coming in above analyst estimates for earnings of $4.99 per share.
The company said its net sales rose to $1.98 billion from $1.82 billion last year. Analysts had expected revenues of $1.92 billion.
Meanwhile, Medtronic, Inc. (MDT) is trading lower after the medical device maker reported fourth quarter net income that fell to $0.72 per share from $0.86 per share in the same quarter last year.
Excluding charges, Medtronic earned $0.90 compared to analyst estimates for earnings of $0.93 per share. The company said its net sales rose 2 percent to $4.295 billion, while analysts had expected $4.29 billion.
The major averages have pulled back off their highs for the young session but are currently clinging to modest gains. The Dow is up 14.61 points or 0.1 percent at 12,395.87, the Nasdaq is up 2.36 points or 0.1 percent at 2,761.26 and the S&P 500 is up 3.23 points or 0.3 percent at 1,320.60.
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
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.htmlDominion Lending Centres Clearlease Reports US Stocks are seeing modest strength in early trading on Tuesday May 24, 2011
VANCOUVER, BC (May 24, 2011) Clearlease Reports Stocks are seeing modest strength in early trading on Tuesday May 24, 2011, regaining some ground after falling sharply in the previous session. The major averages have all moved to the upside after ending Monday’s trading at their worst closing levels in a month.
With the price of oil rebounding after falling sharply on Monday, energy stocks are helping to lead the way higher early on. Crude for July delivery is currently up by $1.56 at $99.26 after plunging $2.40 to $97.70 a barrel in the previous session.
Other resource stocks such as gold and steel stocks are also seeing early strength amid increases in other commodities prices. Most of the other major sectors are showing more modest moves.
Meanwhile, weakness has emerged among health insurance stocks, as reflected by the 1.5 percent loss currently being shown by the Morgan Stanley Healthcare Payor Index. The index is pulling back further off the record closing high it set last Thursday.
Shortly, trading could be impacted by the release of the Commerce Department’s report on new home sales in the month of April.
The Commerce Department is due to release its new home sales report at 10 am ET, with economists expecting sales to come in unchanged compared to the annual rate of 300,000 reported for March.
Among individual stocks, auto parts retailer AutoZone, Inc. (AZO) is seeing early strength after reporting third quarter earnings that rose to $5.29 per share from $4.12 per share in the year-ago quarter, coming in above analyst estimates for earnings of $4.99 per share.
The company said its net sales rose to $1.98 billion from $1.82 billion last year. Analysts had expected revenues of $1.92 billion.
Meanwhile, Medtronic, Inc. (MDT) is trading lower after the medical device maker reported fourth quarter net income that fell to $0.72 per share from $0.86 per share in the same quarter last year.
Excluding charges, Medtronic earned $0.90 compared to analyst estimates for earnings of $0.93 per share. The company said its net sales rose 2 percent to $4.295 billion, while analysts had expected $4.29 billion.
The major averages have pulled back off their highs for the young session but are currently clinging to modest gains. The Dow is up 14.61 points or 0.1 percent at 12,395.87, the Nasdaq is up 2.36 points or 0.1 percent at 2,761.26 and the S&P 500 is up 3.23 points or 0.3 percent at 1,320.60.
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
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html