Vancouver, B.C., Canada (April 5, 2011) – Clearlease.com Reports TSX May Struggle To Extend Gains As Commodities Level Off
Bay Street stocks may struggle to extend gains Tuesday morning amid concerns about Japan’s nuclear crisis and another downgrade of Portugal’s credit rating. Traders will also turn cautious ahead of the publication of the minutes to the last rate-setting meeting of the U.S. Federal Reserve.
Meanwhile, commodities were ticking lower amid expectations of a rate hike by the ECB as early as this week. Elsewhere, China hiked its rates for the second time this year to cool off its red hot economy.
U.S. stock futures were pointing to a lower open ahead of the ISM non-manufacturing survey results.
On Monday, the S&P/TSX Composite Index added 88.20 points or 0.62 percent to 14,218.35 amid buying in metal stocks.
The price of crude oil was leveling off from its recent peak amid reports that Libyan opposition is preparing to export crude oil for the first time since the conflict began last month. Crude for May edged down $0.44 to $108.03 a barrel.
The price of gold was firm above $1,430 amid a mixed U.S. dollar. Gold for June edged up $3.60 to $1436.60 an ounce.
In corporate news from Canada, Integrated wood products company West Fraser Timber said it would sell its Skeena Sawmills Division to ROC Holdings Ltd.
Automotive sector components maker Alternative Fuel Systems (2004) Inc. said it would be acquired by Fuel Systems Solutions Inc., through its subsidiary IMPCO Technologies Inc. for C$0.50 in cash per share. The transaction is valued at about C$9.4 million and the purchase price represents a 66.7 percent premium over average closing price for last 20 trading days of C$0.30.
Airlines company WestJet Airlines reported a 13.3 percent increase in traffic for March. Traffic, measure in revenue passenger miles or RPMs for the month was up to 1.55 billion RPMs from 1.370 billion RPMs a year ago.
Earlier today, China raised its key interest rates for the second time this year in its effort to cool off its red hot economy. The People’s Bank of China said the benchmark one-year lending rate will increase to 6.31 percent from 6.06 percent and the one-year deposit rate will rise to 3.25 percent from 3 percent, effective Wednesday.
Meanwhile, ratings agency Moody’s Investors Service lowered Portugal’s credit rating for the second time in less than a month.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford 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. A. Pidgeon, Editor in Chief
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 5, 2011) – Clearlease.com Reports TSX May Struggle To Extend Gains As Commodities Level Off
Bay Street stocks may struggle to extend gains Tuesday morning amid concerns about Japan’s nuclear crisis and another downgrade of Portugal’s credit rating. Traders will also turn cautious ahead of the publication of the minutes to the last rate-setting meeting of the U.S. Federal Reserve.
Meanwhile, commodities were ticking lower amid expectations of a rate hike by the ECB as early as this week. Elsewhere, China hiked its rates for the second time this year to cool off its red hot economy.
U.S. stock futures were pointing to a lower open ahead of the ISM non-manufacturing survey results.
On Monday, the S&P/TSX Composite Index added 88.20 points or 0.62 percent to 14,218.35 amid buying in metal stocks.
The price of crude oil was leveling off from its recent peak amid reports that Libyan opposition is preparing to export crude oil for the first time since the conflict began last month. Crude for May edged down $0.44 to $108.03 a barrel.
The price of gold was firm above $1,430 amid a mixed U.S. dollar. Gold for June edged up $3.60 to $1436.60 an ounce.
In corporate news from Canada, Integrated wood products company West Fraser Timber said it would sell its Skeena Sawmills Division to ROC Holdings Ltd.
Automotive sector components maker Alternative Fuel Systems (2004) Inc. said it would be acquired by Fuel Systems Solutions Inc., through its subsidiary IMPCO Technologies Inc. for C$0.50 in cash per share. The transaction is valued at about C$9.4 million and the purchase price represents a 66.7 percent premium over average closing price for last 20 trading days of C$0.30.
Airlines company WestJet Airlines reported a 13.3 percent increase in traffic for March. Traffic, measure in revenue passenger miles or RPMs for the month was up to 1.55 billion RPMs from 1.370 billion RPMs a year ago.
Earlier today, China raised its key interest rates for the second time this year in its effort to cool off its red hot economy. The People’s Bank of China said the benchmark one-year lending rate will increase to 6.31 percent from 6.06 percent and the one-year deposit rate will rise to 3.25 percent from 3 percent, effective Wednesday.
Meanwhile, ratings agency Moody’s Investors Service lowered Portugal’s credit rating for the second time in less than a month.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford 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. A. Pidgeon, Editor in Chief
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 5, 2011) – Clearlease.com Reports TSX May Struggle To Extend Gains As Commodities Level Off
Bay Street stocks may struggle to extend gains Tuesday morning amid concerns about Japan’s nuclear crisis and another downgrade of Portugal’s credit rating. Traders will also turn cautious ahead of the publication of the minutes to the last rate-setting meeting of the U.S. Federal Reserve.
Meanwhile, commodities were ticking lower amid expectations of a rate hike by the ECB as early as this week. Elsewhere, China hiked its rates for the second time this year to cool off its red hot economy.
U.S. stock futures were pointing to a lower open ahead of the ISM non-manufacturing survey results.
On Monday, the S&P/TSX Composite Index added 88.20 points or 0.62 percent to 14,218.35 amid buying in metal stocks.
The price of crude oil was leveling off from its recent peak amid reports that Libyan opposition is preparing to export crude oil for the first time since the conflict began last month. Crude for May edged down $0.44 to $108.03 a barrel.
The price of gold was firm above $1,430 amid a mixed U.S. dollar. Gold for June edged up $3.60 to $1436.60 an ounce.
In corporate news from Canada, Integrated wood products company West Fraser Timber said it would sell its Skeena Sawmills Division to ROC Holdings Ltd.
Automotive sector components maker Alternative Fuel Systems (2004) Inc. said it would be acquired by Fuel Systems Solutions Inc., through its subsidiary IMPCO Technologies Inc. for C$0.50 in cash per share. The transaction is valued at about C$9.4 million and the purchase price represents a 66.7 percent premium over average closing price for last 20 trading days of C$0.30.
Airlines company WestJet Airlines reported a 13.3 percent increase in traffic for March. Traffic, measure in revenue passenger miles or RPMs for the month was up to 1.55 billion RPMs from 1.370 billion RPMs a year ago.
Earlier today, China raised its key interest rates for the second time this year in its effort to cool off its red hot economy. The People’s Bank of China said the benchmark one-year lending rate will increase to 6.31 percent from 6.06 percent and the one-year deposit rate will rise to 3.25 percent from 3 percent, effective Wednesday.
Meanwhile, ratings agency Moody’s Investors Service lowered Portugal’s credit rating for the second time in less than a month.
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford 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. A. Pidgeon, Editor in Chief
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
###