Dominion Lending Centres Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday
VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday, although selling pressure has been relatively subdued, limiting the downside for the markets. Nonetheless, the major averages are pulling back further off the multi-year intraday highs set in the previous session.
Profit taking has contributed to the initial weakness on Wall Street, as traders express some uncertainty about the ability of the markets to extend their recent upward move. A decrease in commodities prices is also generating some selling pressure.
Oil and gold stocks are seeing moderate weakness in early trading, moving lower along with their related commodities prices. Crude for June delivery is down $1.05 at $112.47 a barrel, while gold for June delivery is down $18.10 at $1,539 an ounce.
A majority of the other major sectors have also moved to the downside, although most are showing only modest downward moves. On the other hand, modest strength is visible among utilities stocks.
In earnings news, drug giant Pfizer (PFE) is seeing early weakness after the company reported first quarter adjusted earnings of $0.60 per share on revenues of $16.5 billion. Analysts had expected Pfizer to earn $0.59 per share on revenues of $16.65 billion.
Pfizer also reaffirmed its full year earnings guidance but lowered its revenue outlook for the year to $65.2 billion to $67.2 billion compared to its previous forecast for revenues of $66 billion to $68 billion.
Beazer Homes (BZH) is also trading lower after the homebuilder reported a second quarter loss from continuing operations of $0.74 per share, much wider than the loss of $0.47 per share expected by analysts. The company also reported weaker than expected revenues for the quarter.
Meanwhile, credit card giant Mastercard (MA) is moving to the upside after reporting first quarter earnings that rose to $4.29 per share, well above analyst estimates for earnings of $4.10 per share. Mastercard also reported stronger than expected revenue growth.
The major averages have fallen to new lows for the session in the past few minutes. The Dow is currently down 27.55 points or 0.2 percent at 12,779.81, the Nasdaq is down 10.13 points or 0.4 percent at 2,853.95 and the S&P 500 is down 4.63 points or 0.3 percent at 1,356.59.
Video Link: http://youtu.be/f_kk7WJa7Uk
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, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday, although selling pressure has been relatively subdued, limiting the downside for the markets. Nonetheless, the major averages are pulling back further off the multi-year intraday highs set in the previous session.
Profit taking has contributed to the initial weakness on Wall Street, as traders express some uncertainty about the ability of the markets to extend their recent upward move. A decrease in commodities prices is also generating some selling pressure.
Oil and gold stocks are seeing moderate weakness in early trading, moving lower along with their related commodities prices. Crude for June delivery is down $1.05 at $112.47 a barrel, while gold for June delivery is down $18.10 at $1,539 an ounce.
A majority of the other major sectors have also moved to the downside, although most are showing only modest downward moves. On the other hand, modest strength is visible among utilities stocks.
In earnings news, drug giant Pfizer (PFE) is seeing early weakness after the company reported first quarter adjusted earnings of $0.60 per share on revenues of $16.5 billion. Analysts had expected Pfizer to earn $0.59 per share on revenues of $16.65 billion.
Pfizer also reaffirmed its full year earnings guidance but lowered its revenue outlook for the year to $65.2 billion to $67.2 billion compared to its previous forecast for revenues of $66 billion to $68 billion.
Beazer Homes (BZH) is also trading lower after the homebuilder reported a second quarter loss from continuing operations of $0.74 per share, much wider than the loss of $0.47 per share expected by analysts. The company also reported weaker than expected revenues for the quarter.
Meanwhile, credit card giant Mastercard (MA) is moving to the upside after reporting first quarter earnings that rose to $4.29 per share, well above analyst estimates for earnings of $4.10 per share. Mastercard also reported stronger than expected revenue growth.
The major averages have fallen to new lows for the session in the past few minutes. The Dow is currently down 27.55 points or 0.2 percent at 12,779.81, the Nasdaq is down 10.13 points or 0.4 percent at 2,853.95 and the S&P 500 is down 4.63 points or 0.3 percent at 1,356.59.
Video Link: http://youtu.be/f_kk7WJa7Uk
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 Stocks moved modestly lower at the start of trading on Tuesday
VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Stocks moved modestly lower at the start of trading on Tuesday, although selling pressure has been relatively subdued, limiting the downside for the markets. Nonetheless, the major averages are pulling back further off the multi-year intraday highs set in the previous session.
Profit taking has contributed to the initial weakness on Wall Street, as traders express some uncertainty about the ability of the markets to extend their recent upward move. A decrease in commodities prices is also generating some selling pressure.
Oil and gold stocks are seeing moderate weakness in early trading, moving lower along with their related commodities prices. Crude for June delivery is down $1.05 at $112.47 a barrel, while gold for June delivery is down $18.10 at $1,539 an ounce.
A majority of the other major sectors have also moved to the downside, although most are showing only modest downward moves. On the other hand, modest strength is visible among utilities stocks.
In earnings news, drug giant Pfizer (PFE) is seeing early weakness after the company reported first quarter adjusted earnings of $0.60 per share on revenues of $16.5 billion. Analysts had expected Pfizer to earn $0.59 per share on revenues of $16.65 billion.
Pfizer also reaffirmed its full year earnings guidance but lowered its revenue outlook for the year to $65.2 billion to $67.2 billion compared to its previous forecast for revenues of $66 billion to $68 billion.
Beazer Homes (BZH) is also trading lower after the homebuilder reported a second quarter loss from continuing operations of $0.74 per share, much wider than the loss of $0.47 per share expected by analysts. The company also reported weaker than expected revenues for the quarter.
Meanwhile, credit card giant Mastercard (MA) is moving to the upside after reporting first quarter earnings that rose to $4.29 per share, well above analyst estimates for earnings of $4.10 per share. Mastercard also reported stronger than expected revenue growth.
The major averages have fallen to new lows for the session in the past few minutes. The Dow is currently down 27.55 points or 0.2 percent at 12,779.81, the Nasdaq is down 10.13 points or 0.4 percent at 2,853.95 and the S&P 500 is down 4.63 points or 0.3 percent at 1,356.59.
Video Link: http://youtu.be/f_kk7WJa7Uk
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