Dominion Lending Centres Clearlease Reports stocks have moved mostly higher in mid-morning trading on Wednesday.

Dominion Lending Centres Clearlease Reports, stocks have moved mostly higher, mid-morning trading, Dominion Lending Centres Clearlease, Mining Equipment Leasing, Commercial Lending, Commercial Project Funding

Vancouver, B.C., Canada (April 6, 2011) Clearlease.com Reports With traders expressing optimism about the economic outlook, stocks have moved mostly higher in mid-morning trading on Wednesday. The buying interest on Wall Street comes after the markets ended the previous session nearly flat.

The major averages are currently posting moderate gains, off their highs for the session. The Dow is up 38.71 points or 0.3 percent at 12,432.61, the Nasdaq is up 15.47 points or 0.6 percent at 2,806.66 and the S&P 500 is up 3.85 points or 0.3 percent at 1,336.48.

The strength in the markets comes as traders seem to be becoming more confident in the outlook for the economy despite the continued unrest in Libya and the ongoing nuclear crisis in Japan.

Recent news on the merger-and-acquisition front has contributed to the positive sentiment, with the deals seen as a sign that corporations are optimistic about the future.

Nonetheless, the lack of any significant U.S. economic news due to be released on the day may be limiting the upside for the markets.

Among individual stocks, Applied Materials (AMAT) is posting a notable gain after the company agreed to sell the assets of its semiconductor process kit precision cleaning, coating services and associated analytical testing services businesses to Quantum Global Technologies.

Applied Materials did not disclose the terms of the acquisition agreement but said that the deal is expected to close within 30 days.

Curtiss-Wright (CW) is also moving to the upside in reaction to its announcement that Boeing (BA) has selected the company to provide emergent and specialty production support for the final assembly and delivery of the 787 Dreamliner in South Carolina.

Meanwhile, shares of Cephalon (CEPH) are nearly flat after the company said its board has formally rejected Valeant Pharma’s (VRX) $73 per share takeover offer. Cephalon’s board has deemed the offer as inadequate and not in the best interests of its shareholders.

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