Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports The Toronto stock market was higher Thursday afternoon as the latest earnings report from market heavyweight Bombardier Inc. (TSX:BBD.B) beat expectations and commodity stocks rose along with prices for oil and gold.
The S&P/TSX composite index moved up 53.74 points to 14,137.31 while the TSX Venture Exchange gained six points to 2,292.44.
The Canadian dollar was higher against the American currency, up 0.18 of a cent at 103.13 cents US after reaching a three and a half year high of 103.27 cents US. The currency advanced amid data showing the economy got off to a strong start for 2011. Statistics Canada reported that gross domestic product grew in January by 0.5 per cent, which met expectations and matched the pace of growth for December.
The agency said that growth was driven by the manufacturing sector and, to a lesser extent, by transportation and wholesale trade.
Bombardier shares jumped 87 cents or 13.8 per cent to $7.17 on heavy volume of 44.3 million traded as the transportation giant reported quarterly net income of US$325 million or 18 cents per share, beating analyst expectations. That compared with net income of US$179 million or 10 cents a share a year ago. Revenue was nearly unchanged at $5.37 billion.
“Results were driven largely by higher aerospace and transportation margins which is nice to see and their 2012 margin guidance of 10 per cent definitely suggests upside to estimates,” said Alison Mendes, managing director and portfolio manager at Manulife Asset Management, adding that the results reflect a global economic recovery.
“(In) their transportation division, you’re seeing a lot of global demand pickup there and contract wins in emerging markets. And that reiterates the continued strength in the global economy.”
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. 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. Pidgeon, Editor
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
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Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports The Toronto stock market was higher Thursday afternoon as the latest earnings report from market heavyweight Bombardier Inc. (TSX:BBD.B) beat expectations and commodity stocks rose along with prices for oil and gold.
The S&P/TSX composite index moved up 53.74 points to 14,137.31 while the TSX Venture Exchange gained six points to 2,292.44.
The Canadian dollar was higher against the American currency, up 0.18 of a cent at 103.13 cents US after reaching a three and a half year high of 103.27 cents US. The currency advanced amid data showing the economy got off to a strong start for 2011. Statistics Canada reported that gross domestic product grew in January by 0.5 per cent, which met expectations and matched the pace of growth for December.
The agency said that growth was driven by the manufacturing sector and, to a lesser extent, by transportation and wholesale trade.
Bombardier shares jumped 87 cents or 13.8 per cent to $7.17 on heavy volume of 44.3 million traded as the transportation giant reported quarterly net income of US$325 million or 18 cents per share, beating analyst expectations. That compared with net income of US$179 million or 10 cents a share a year ago. Revenue was nearly unchanged at $5.37 billion.
“Results were driven largely by higher aerospace and transportation margins which is nice to see and their 2012 margin guidance of 10 per cent definitely suggests upside to estimates,” said Alison Mendes, managing director and portfolio manager at Manulife Asset Management, adding that the results reflect a global economic recovery.
“(In) their transportation division, you’re seeing a lot of global demand pickup there and contract wins in emerging markets. And that reiterates the continued strength in the global economy.”
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. 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. Pidgeon, Editor
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
###
Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports The Toronto stock market was higher Thursday afternoon as the latest earnings report from market heavyweight Bombardier Inc. (TSX:BBD.B) beat expectations and commodity stocks rose along with prices for oil and gold.
The S&P/TSX composite index moved up 53.74 points to 14,137.31 while the TSX Venture Exchange gained six points to 2,292.44.
The Canadian dollar was higher against the American currency, up 0.18 of a cent at 103.13 cents US after reaching a three and a half year high of 103.27 cents US. The currency advanced amid data showing the economy got off to a strong start for 2011. Statistics Canada reported that gross domestic product grew in January by 0.5 per cent, which met expectations and matched the pace of growth for December.
The agency said that growth was driven by the manufacturing sector and, to a lesser extent, by transportation and wholesale trade.
Bombardier shares jumped 87 cents or 13.8 per cent to $7.17 on heavy volume of 44.3 million traded as the transportation giant reported quarterly net income of US$325 million or 18 cents per share, beating analyst expectations. That compared with net income of US$179 million or 10 cents a share a year ago. Revenue was nearly unchanged at $5.37 billion.
“Results were driven largely by higher aerospace and transportation margins which is nice to see and their 2012 margin guidance of 10 per cent definitely suggests upside to estimates,” said Alison Mendes, managing director and portfolio manager at Manulife Asset Management, adding that the results reflect a global economic recovery.
“(In) their transportation division, you’re seeing a lot of global demand pickup there and contract wins in emerging markets. And that reiterates the continued strength in the global economy.”
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. 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. Pidgeon, Editor
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
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