Dominion Lending Centres Clearlease Reports TSX Poised For Mixed Open
VANCOUVER, BRITISH COLUMBIA – (May 4, 2011) Clearlease Reports Toronto stocks are poised for a mixed open Wednesday after a steep fall in the previous session and easing commodities prices. Meanwhile, latest data from the U.S. revealed that private sector employment rose less than expected in April.
Elsewhere, Asian markets ended mixed overnight and European stocks were lingering in the red amid selling in resource plays.
U.S. stock futures were pointing to a flat open.
On Tuesday, the S&P/TSX Composite Index plummeted 242.14 points or 1.74 percent to 13,692.37.
The price of crude oil eased below $111 as traders await cues from today’s economic data and official report on weekly U.S. crude oil inventories. Tuesday after the markets hours, the API said U.S. crude oil inventories increased by 3.20 million barrels and gasoline stocks gained 657,000 barrels in the week ended April 29. Analysts were expecting crude oil inventories to pile up by 1.90 million barrels and gasoline stocks were seen gaining 0.60 million barrels last week.
Crude for June slipped $0.30 to $110.75 a barrel and Gold for June edged up $0.40 to $1,540.80.
In corporate news from Canada, Kinross Gold reported a much improved first-quarter net earnings of $255.5 million or $0.22 per share compared to $181.3 million or $0.26 per share last year. Adjusted net earnings was $180.3 million or $0.16 per share, compared to $99.7 million or $0.14 per share last year. Analysts were expecting the gold producer to report earnings of $0.14 per share.
Wood products company West Fraser Timber reported lower first-quarter earnings of C$19 million or C$0.44 per share compared to C$29 million or C$0.67 per share last year.
Information solutions provider MacDonald Dettwiler reported that its first quarter net earnings surged to C$84.4 million or C$2.05 per share from C$28.1 million or C$0.69 per share in the same quarter last year.
Insurance services provider Genworth MI Canada Inc. reported first-quarter net income of C$80 million or C$0.76 per share, compared with C$84 million or C$0.71 per share in the prior year quarter. Analysts were expecting the gold producer to report earnings of $0.78 per share. The company announced a C$0.26 per common share dividend.
Fertilizer maker Agrium Inc. swung to profit in first quarter, reporting net earnings of $171 million or $1.09 per share, compared to loss of $1 million or $0.01 per share last year. Earlier today, the company announced that Cargill, Inc. obtained clearance from Australia’s Foreign Investment Review Board for Cargill’s proposed acquisition of Commodity Management Business of AWB Ltd. from Agrium.
Oil and gas firm Talisman Energy slipped in to the red in first quarter, reporting a net loss of $326 million or $0.32 per share compared with an income of $371 million or $0.36 per share last year.
Distribution utility holding company Fortis Inc. reported higher first quarter net earnings of C$117 million or C$0.67 per share from C$100 million or C$0.58 per share in the year-ago quarter. Analysts were expecting the gold producer to report earnings of $0.62 per share.
Insurance services provider Intact Financial Corp. reported improved first quarter profit of C$157 million or C$1.42 per share compared to C$141 million or C$1.19 per share last year. Analysts were expecting the gold producer to report earnings of $0.82 per share.
Media company Torstar Corp. reported lower first quarter net income of $15.4 million or $0.20 per share compared to net earnings of $16.6 million or $0.21 per share year. Nonetheless, the company increased its dividend to $0.125 per share from $0.0925 per share.
Specialty pharmaceutical company Labopharm Inc. reported a wider first quarter net loss of C$12.36 million or C$0.17 per share compared to C$8.18 million or C$0.13 per share last year.
In economic news from south of the border, the Automatic Data Processing, Inc. said non-farm private employment rose by 179,000 jobs in April following an upwardly revised increase of 207,000 jobs in March. Economists had expected an increase of about 200,000 jobs compared to the addition of 201,000 jobs originally reported for the previous month.
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 4, 2011) Clearlease Reports Toronto stocks are poised for a mixed open Wednesday after a steep fall in the previous session and easing commodities prices. Meanwhile, latest data from the U.S. revealed that private sector employment rose less than expected in April.
Elsewhere, Asian markets ended mixed overnight and European stocks were lingering in the red amid selling in resource plays.
U.S. stock futures were pointing to a flat open.
On Tuesday, the S&P/TSX Composite Index plummeted 242.14 points or 1.74 percent to 13,692.37.
The price of crude oil eased below $111 as traders await cues from today’s economic data and official report on weekly U.S. crude oil inventories. Tuesday after the markets hours, the API said U.S. crude oil inventories increased by 3.20 million barrels and gasoline stocks gained 657,000 barrels in the week ended April 29. Analysts were expecting crude oil inventories to pile up by 1.90 million barrels and gasoline stocks were seen gaining 0.60 million barrels last week.
Crude for June slipped $0.30 to $110.75 a barrel and Gold for June edged up $0.40 to $1,540.80.
In corporate news from Canada, Kinross Gold reported a much improved first-quarter net earnings of $255.5 million or $0.22 per share compared to $181.3 million or $0.26 per share last year. Adjusted net earnings was $180.3 million or $0.16 per share, compared to $99.7 million or $0.14 per share last year. Analysts were expecting the gold producer to report earnings of $0.14 per share.
Wood products company West Fraser Timber reported lower first-quarter earnings of C$19 million or C$0.44 per share compared to C$29 million or C$0.67 per share last year.
Information solutions provider MacDonald Dettwiler reported that its first quarter net earnings surged to C$84.4 million or C$2.05 per share from C$28.1 million or C$0.69 per share in the same quarter last year.
Insurance services provider Genworth MI Canada Inc. reported first-quarter net income of C$80 million or C$0.76 per share, compared with C$84 million or C$0.71 per share in the prior year quarter. Analysts were expecting the gold producer to report earnings of $0.78 per share. The company announced a C$0.26 per common share dividend.
Fertilizer maker Agrium Inc. swung to profit in first quarter, reporting net earnings of $171 million or $1.09 per share, compared to loss of $1 million or $0.01 per share last year. Earlier today, the company announced that Cargill, Inc. obtained clearance from Australia’s Foreign Investment Review Board for Cargill’s proposed acquisition of Commodity Management Business of AWB Ltd. from Agrium.
Oil and gas firm Talisman Energy slipped in to the red in first quarter, reporting a net loss of $326 million or $0.32 per share compared with an income of $371 million or $0.36 per share last year.
Distribution utility holding company Fortis Inc. reported higher first quarter net earnings of C$117 million or C$0.67 per share from C$100 million or C$0.58 per share in the year-ago quarter. Analysts were expecting the gold producer to report earnings of $0.62 per share.
Insurance services provider Intact Financial Corp. reported improved first quarter profit of C$157 million or C$1.42 per share compared to C$141 million or C$1.19 per share last year. Analysts were expecting the gold producer to report earnings of $0.82 per share.
Media company Torstar Corp. reported lower first quarter net income of $15.4 million or $0.20 per share compared to net earnings of $16.6 million or $0.21 per share year. Nonetheless, the company increased its dividend to $0.125 per share from $0.0925 per share.
Specialty pharmaceutical company Labopharm Inc. reported a wider first quarter net loss of C$12.36 million or C$0.17 per share compared to C$8.18 million or C$0.13 per share last year.
In economic news from south of the border, the Automatic Data Processing, Inc. said non-farm private employment rose by 179,000 jobs in April following an upwardly revised increase of 207,000 jobs in March. Economists had expected an increase of about 200,000 jobs compared to the addition of 201,000 jobs originally reported for the previous month.
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 TSX Poised For Mixed Open
VANCOUVER, BRITISH COLUMBIA – (May 4, 2011) Clearlease Reports Toronto stocks are poised for a mixed open Wednesday after a steep fall in the previous session and easing commodities prices. Meanwhile, latest data from the U.S. revealed that private sector employment rose less than expected in April.
Elsewhere, Asian markets ended mixed overnight and European stocks were lingering in the red amid selling in resource plays.
U.S. stock futures were pointing to a flat open.
On Tuesday, the S&P/TSX Composite Index plummeted 242.14 points or 1.74 percent to 13,692.37.
The price of crude oil eased below $111 as traders await cues from today’s economic data and official report on weekly U.S. crude oil inventories. Tuesday after the markets hours, the API said U.S. crude oil inventories increased by 3.20 million barrels and gasoline stocks gained 657,000 barrels in the week ended April 29. Analysts were expecting crude oil inventories to pile up by 1.90 million barrels and gasoline stocks were seen gaining 0.60 million barrels last week.
Crude for June slipped $0.30 to $110.75 a barrel and Gold for June edged up $0.40 to $1,540.80.
In corporate news from Canada, Kinross Gold reported a much improved first-quarter net earnings of $255.5 million or $0.22 per share compared to $181.3 million or $0.26 per share last year. Adjusted net earnings was $180.3 million or $0.16 per share, compared to $99.7 million or $0.14 per share last year. Analysts were expecting the gold producer to report earnings of $0.14 per share.
Wood products company West Fraser Timber reported lower first-quarter earnings of C$19 million or C$0.44 per share compared to C$29 million or C$0.67 per share last year.
Information solutions provider MacDonald Dettwiler reported that its first quarter net earnings surged to C$84.4 million or C$2.05 per share from C$28.1 million or C$0.69 per share in the same quarter last year.
Insurance services provider Genworth MI Canada Inc. reported first-quarter net income of C$80 million or C$0.76 per share, compared with C$84 million or C$0.71 per share in the prior year quarter. Analysts were expecting the gold producer to report earnings of $0.78 per share. The company announced a C$0.26 per common share dividend.
Fertilizer maker Agrium Inc. swung to profit in first quarter, reporting net earnings of $171 million or $1.09 per share, compared to loss of $1 million or $0.01 per share last year. Earlier today, the company announced that Cargill, Inc. obtained clearance from Australia’s Foreign Investment Review Board for Cargill’s proposed acquisition of Commodity Management Business of AWB Ltd. from Agrium.
Oil and gas firm Talisman Energy slipped in to the red in first quarter, reporting a net loss of $326 million or $0.32 per share compared with an income of $371 million or $0.36 per share last year.
Distribution utility holding company Fortis Inc. reported higher first quarter net earnings of C$117 million or C$0.67 per share from C$100 million or C$0.58 per share in the year-ago quarter. Analysts were expecting the gold producer to report earnings of $0.62 per share.
Insurance services provider Intact Financial Corp. reported improved first quarter profit of C$157 million or C$1.42 per share compared to C$141 million or C$1.19 per share last year. Analysts were expecting the gold producer to report earnings of $0.82 per share.
Media company Torstar Corp. reported lower first quarter net income of $15.4 million or $0.20 per share compared to net earnings of $16.6 million or $0.21 per share year. Nonetheless, the company increased its dividend to $0.125 per share from $0.0925 per share.
Specialty pharmaceutical company Labopharm Inc. reported a wider first quarter net loss of C$12.36 million or C$0.17 per share compared to C$8.18 million or C$0.13 per share last year.
In economic news from south of the border, the Automatic Data Processing, Inc. said non-farm private employment rose by 179,000 jobs in April following an upwardly revised increase of 207,000 jobs in March. Economists had expected an increase of about 200,000 jobs compared to the addition of 201,000 jobs originally reported for the previous month.
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