TSX Poised For Positive Open of trading on Wednesday – Dominion Lending Centres Clearlease
LAS VEGAS, Nev. – (April 20, 2011) Clearlease.com Reports Canadian stocks are likely to open higher Wednesday amid a rebound in energy prices and positive cues from the global equity markets. Global stocks were mostly higher amid encouraging earnings reports from major U.S. companies.
U.S. stock futures were pointing to a sharply higher open.
On Tuesday, the S&P/TSX Composite Index snapped its 3-day losing streak, edging up 34.50 points or 0.25 percent to 13,736.83.
The price of crude oil was extending gains for a second session Wednesday morning as traders await cues from the official inventories data due out later during the session. Also, a weak U.S. dollar helped lift sentiment. Today during trading hours the EIA will release its U.S. crude oil inventories report for the week ended April 15. Analysts were expecting crude oil inventories to gain by 1.3 million barrels and gasoline stocks to ease by 1.5 million barrels last week. Crude for June delivery, the new front month contract, was up $1.47 to $109.79 a barrel.
The price of gold continued to extend record peak for a fourth session amid inflation worries and a weak U.S. dollar. Gold for June added $6.90 to $1,502.00 an ounce.
In the global M&A patch, power company AES Corp. said it would buy DPL Inc. for $3.5 billion in cash.
In corporate news from Canada, Encana Corp. reported a much lower first quarter net earnings of $78 million or $0.11 per share compared to $1.49 billion or $1.96 per share last year. Analysts were expecting the company to report earnings of $0.16 per share for the quarter. The company declared a quarterly dividend of $0.20 per share.
Food and pharmaceutical company Metro Inc. reported a marginal increase in its first quarter net income at $83.3 million or $0.80 per share compared to $80.3 million or $0.74 per share a year ago. Analysts were expecting the company to report earnings of $0.82 per share this quarter.
Oil and gas firm Sterling Resources slipped in to the red in fiscal year 2010, reporting net loss of C$5.0 million or C$0.03 per share, compared to a net income of C$66.4 million or C$0.51 per share in the same period last year.
Oil and natural gas firm Yangarra Resources reported a narrower fourth-quarter net loss of $1.20 million or $0.01 per share, compared to $1.80 million or $0.02 per share in the prior-year quarter.
Yesterday, Statistics Canada said the nation’s annual inflation rate jumped to 3.3 percent in March, from 2.2 percent the previous month. The largest year-over-year increase since September 2008 cemented expectations that the Bank of Canada will hike interest rates before summer
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
###
VANCOUVER, B.C.CANADA -(April 20, 2011) Clearlease.com Reports Canadian stocks are likely to open higher Wednesday amid a rebound in energy prices and positive cues from the global equity markets. Global stocks were mostly higher amid encouraging earnings reports from major U.S. companies.
U.S. stock futures were pointing to a sharply higher open.
On Tuesday, the S&P/TSX Composite Index snapped its 3-day losing streak, edging up 34.50 points or 0.25 percent to 13,736.83.
The price of crude oil was extending gains for a second session Wednesday morning as traders await cues from the official inventories data due out later during the session. Also, a weak U.S. dollar helped lift sentiment. Today during trading hours the EIA will release its U.S. crude oil inventories report for the week ended April 15. Analysts were expecting crude oil inventories to gain by 1.3 million barrels and gasoline stocks to ease by 1.5 million barrels last week. Crude for June delivery, the new front month contract, was up $1.47 to $109.79 a barrel.
The price of gold continued to extend record peak for a fourth session amid inflation worries and a weak U.S. dollar. Gold for June added $6.90 to $1,502.00 an ounce.
In the global M&A patch, power company AES Corp. said it would buy DPL Inc. for $3.5 billion in cash.
In corporate news from Canada, Encana Corp. reported a much lower first quarter net earnings of $78 million or $0.11 per share compared to $1.49 billion or $1.96 per share last year. Analysts were expecting the company to report earnings of $0.16 per share for the quarter. The company declared a quarterly dividend of $0.20 per share.
Food and pharmaceutical company Metro Inc. reported a marginal increase in its first quarter net income at $83.3 million or $0.80 per share compared to $80.3 million or $0.74 per share a year ago. Analysts were expecting the company to report earnings of $0.82 per share this quarter.
Oil and gas firm Sterling Resources slipped in to the red in fiscal year 2010, reporting net loss of C$5.0 million or C$0.03 per share, compared to a net income of C$66.4 million or C$0.51 per share in the same period last year.
Oil and natural gas firm Yangarra Resources reported a narrower fourth-quarter net loss of $1.20 million or $0.01 per share, compared to $1.80 million or $0.02 per share in the prior-year quarter.
Yesterday, Statistics Canada said the nation’s annual inflation rate jumped to 3.3 percent in March, from 2.2 percent the previous month. The largest year-over-year increase since September 2008 cemented expectations that the Bank of Canada will hike interest rates before summer
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
###TSX Poised For Positive Open of trading on Wednesday – Dominion Lending Centres Clearlease
LAS VEGAS, Nev. – (April 20, 2011) Clearlease.com Reports Canadian stocks are likely to open higher Wednesday amid a rebound in energy prices and positive cues from the global equity markets. Global stocks were mostly higher amid encouraging earnings reports from major U.S. companies.
U.S. stock futures were pointing to a sharply higher open.
On Tuesday, the S&P/TSX Composite Index snapped its 3-day losing streak, edging up 34.50 points or 0.25 percent to 13,736.83.
The price of crude oil was extending gains for a second session Wednesday morning as traders await cues from the official inventories data due out later during the session. Also, a weak U.S. dollar helped lift sentiment. Today during trading hours the EIA will release its U.S. crude oil inventories report for the week ended April 15. Analysts were expecting crude oil inventories to gain by 1.3 million barrels and gasoline stocks to ease by 1.5 million barrels last week. Crude for June delivery, the new front month contract, was up $1.47 to $109.79 a barrel.
The price of gold continued to extend record peak for a fourth session amid inflation worries and a weak U.S. dollar. Gold for June added $6.90 to $1,502.00 an ounce.
In the global M&A patch, power company AES Corp. said it would buy DPL Inc. for $3.5 billion in cash.
In corporate news from Canada, Encana Corp. reported a much lower first quarter net earnings of $78 million or $0.11 per share compared to $1.49 billion or $1.96 per share last year. Analysts were expecting the company to report earnings of $0.16 per share for the quarter. The company declared a quarterly dividend of $0.20 per share.
Food and pharmaceutical company Metro Inc. reported a marginal increase in its first quarter net income at $83.3 million or $0.80 per share compared to $80.3 million or $0.74 per share a year ago. Analysts were expecting the company to report earnings of $0.82 per share this quarter.
Oil and gas firm Sterling Resources slipped in to the red in fiscal year 2010, reporting net loss of C$5.0 million or C$0.03 per share, compared to a net income of C$66.4 million or C$0.51 per share in the same period last year.
Oil and natural gas firm Yangarra Resources reported a narrower fourth-quarter net loss of $1.20 million or $0.01 per share, compared to $1.80 million or $0.02 per share in the prior-year quarter.
Yesterday, Statistics Canada said the nation’s annual inflation rate jumped to 3.3 percent in March, from 2.2 percent the previous month. The largest year-over-year increase since September 2008 cemented expectations that the Bank of Canada will hike interest rates before summer
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
###