Traders reacting positively to the latest batch of earnings news, stocks moved sharply higher at the start of trading on Wednesday – Dominion Lending Centres Clearlease
LAS VEGAS, Nev. – (April 20, 2011) Clearlease.com Reports traders reacting positively to the latest batch of earnings news, stocks moved sharply higher at the start of trading on Wednesday. The major averages all showed strong upward moves at the open, adding to the gains posted in the previous session.
The initial strength in the markets came on the heels of the release of better than expected quarterly results from some big name companies, including semiconductor giant Intel (INTC). Shares of Intel have surged up by 6.1 percent following the release of its results.
After the close of trading on Tuesday, Intel reported first quarter adjusted earnings of $0.59 per share on revenues of $12.85 billion, while analysts had expected earnings of $0.46 per share on revenues of $11.59 billion. The company also forecast second quarter revenues of $12.8 billion, plus or minus $500 million.
Yahoo (YHOO) is also turning in a strong performance in early trading after the internet media giant reported first quarter earnings that fell to $0.17 per share from $0.22 per share in the year-ago quarter but still came in a penny above analyst estimates.
Meanwhile, shares of IBM Corp. (IBM) are moving to the downside even though the company reported better than expected first quarter earnings and revenues.
A slew of other big name companies have also released their quarterly results, including Dow components AT&T (T) and United Technologies (UTX).
In other corporate news, AES Corp. (AES) announced that it has agreed to acquire DPL Inc. (DPL), the parent company of Dayton Power & Light, for $3.5 billion in cash.
Under the terms of the agreement, AES will pay $30 in cash for each share of DPL, representing a nearly 9 percent premium to DPL’s closing price on Tuesday. Including the assumption of $1.2 billion in debt, the deal has a total value of $4.7 billion.
Semiconductor stocks have moved sharply higher in early trading following the news from Intel, driving the Philadelphia Semiconductor Index up by 3.2 percent. Despite the strong gain, the index remains stuck in a recent trading range.
Most of the other major sectors have also moved to the upside, with significant strength visible among electronic storage, metal, wireless, and oil stocks.
While the major averages have not seen much follow-through on their initial upward moves, they remain firmly positive. The Dow is currently up 161.82 points or 1.3 percent at 12,428.57, the Nasdaq is up 46.96 points or 1.7 percent at 2,791.93 and the S&P 500 is up 16.11 points or 1.2 percent at 1,328.73.
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.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
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
###
New York, NY – (April 20, 2011) Clearlease.com Reports traders reacting positively to the latest batch of earnings news, stocks moved sharply higher at the start of trading on Wednesday. The major averages all showed strong upward moves at the open, adding to the gains posted in the previous session.
The initial strength in the markets came on the heels of the release of better than expected quarterly results from some big name companies, including semiconductor giant Intel (INTC). Shares of Intel have surged up by 6.1 percent following the release of its results.
After the close of trading on Tuesday, Intel reported first quarter adjusted earnings of $0.59 per share on revenues of $12.85 billion, while analysts had expected earnings of $0.46 per share on revenues of $11.59 billion. The company also forecast second quarter revenues of $12.8 billion, plus or minus $500 million.
Yahoo (YHOO) is also turning in a strong performance in early trading after the internet media giant reported first quarter earnings that fell to $0.17 per share from $0.22 per share in the year-ago quarter but still came in a penny above analyst estimates.
Meanwhile, shares of IBM Corp. (IBM) are moving to the downside even though the company reported better than expected first quarter earnings and revenues.
A slew of other big name companies have also released their quarterly results, including Dow components AT&T (T) and United Technologies (UTX).
In other corporate news, AES Corp. (AES) announced that it has agreed to acquire DPL Inc. (DPL), the parent company of Dayton Power & Light, for $3.5 billion in cash.
Under the terms of the agreement, AES will pay $30 in cash for each share of DPL, representing a nearly 9 percent premium to DPL’s closing price on Tuesday. Including the assumption of $1.2 billion in debt, the deal has a total value of $4.7 billion.
Semiconductor stocks have moved sharply higher in early trading following the news from Intel, driving the Philadelphia Semiconductor Index up by 3.2 percent. Despite the strong gain, the index remains stuck in a recent trading range.
Most of the other major sectors have also moved to the upside, with significant strength visible among electronic storage, metal, wireless, and oil stocks.
While the major averages have not seen much follow-through on their initial upward moves, they remain firmly positive. The Dow is currently up 161.82 points or 1.3 percent at 12,428.57, the Nasdaq is up 46.96 points or 1.7 percent at 2,791.93 and the S&P 500 is up 16.11 points or 1.2 percent at 1,328.73.
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.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
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
###Traders reacting positively to the latest batch of earnings news, stocks moved sharply higher at the start of trading on Wednesday – Dominion Lending Centres Clearlease
LAS VEGAS, Nev. – (April 20, 2011) Clearlease.com Reports traders reacting positively to the latest batch of earnings news, stocks moved sharply higher at the start of trading on Wednesday. The major averages all showed strong upward moves at the open, adding to the gains posted in the previous session.
The initial strength in the markets came on the heels of the release of better than expected quarterly results from some big name companies, including semiconductor giant Intel (INTC). Shares of Intel have surged up by 6.1 percent following the release of its results.
After the close of trading on Tuesday, Intel reported first quarter adjusted earnings of $0.59 per share on revenues of $12.85 billion, while analysts had expected earnings of $0.46 per share on revenues of $11.59 billion. The company also forecast second quarter revenues of $12.8 billion, plus or minus $500 million.
Yahoo (YHOO) is also turning in a strong performance in early trading after the internet media giant reported first quarter earnings that fell to $0.17 per share from $0.22 per share in the year-ago quarter but still came in a penny above analyst estimates.
Meanwhile, shares of IBM Corp. (IBM) are moving to the downside even though the company reported better than expected first quarter earnings and revenues.
A slew of other big name companies have also released their quarterly results, including Dow components AT&T (T) and United Technologies (UTX).
In other corporate news, AES Corp. (AES) announced that it has agreed to acquire DPL Inc. (DPL), the parent company of Dayton Power & Light, for $3.5 billion in cash.
Under the terms of the agreement, AES will pay $30 in cash for each share of DPL, representing a nearly 9 percent premium to DPL’s closing price on Tuesday. Including the assumption of $1.2 billion in debt, the deal has a total value of $4.7 billion.
Semiconductor stocks have moved sharply higher in early trading following the news from Intel, driving the Philadelphia Semiconductor Index up by 3.2 percent. Despite the strong gain, the index remains stuck in a recent trading range.
Most of the other major sectors have also moved to the upside, with significant strength visible among electronic storage, metal, wireless, and oil stocks.
While the major averages have not seen much follow-through on their initial upward moves, they remain firmly positive. The Dow is currently up 161.82 points or 1.3 percent at 12,428.57, the Nasdaq is up 46.96 points or 1.7 percent at 2,791.93 and the S&P 500 is up 16.11 points or 1.2 percent at 1,328.73.
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.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
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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