Dominion Lending Centres Clearlease Reports TSX Poised For Mixed Open

Dominion Lending Centres Clearlease Reports TSX Poised For Mixed Open

VANCOUVER, BC – (May 11, 2011) Clearlease Reports Toronto stocks are poised for a mixed open Wednesday amid falling commodities prices and mixed trade data from both sides of the border. While Canada’s trade surplus nearly doubled in March as rising exports outpaced imports, data from the U.S. revealed trade deficit widened by more than expected in March.

U.S. stock futures were pointing to a flat open.

On Tuesday, the S&P/TSX Composite Index snapped its 2-session winning streak to shed 35.07 points or 0.26 percent to 13,642.06.

The price of crude oil slipped below $103 Wednesday morning as traders await cues from the official data on U.S. crude oil inventories. U.S. crude oil inventories report from the EIA for the week ended May 06 is due out during trading hours today. Analysts expect crude oil inventories to pile up this week as crude imports rose faster than refineries demand.

Earlier today, China said its consumer price index rose 5.3 percent year-over-year in April, slower than the 5.4 percent rise in March. Economists expectations were for a 5.2 percent gain.

Crude for June was down $1.09 to $102.79 a barrel.

The price of gold was struggling to extend gains for a fourth session amid a mixed U.S. dollar and inflation worries. Gold for June eased $4.00 to $1,512.90 an ounce.

In corporate news from Bay Street, crude oil transportation and distribution company Enbridge Inc. (ENB.TO) said its first-quarter earnings increased to C$393 million or C$1.04 per share from C$342 million or C$0.92 per share last year. On an adjusted basis, earnings stood at C$334 million or C$0.89 per share versus C$318 million or C$0.86 per share in the year-ago quarter. Analysts were expecting the company to earn C$0.87 per share. Further, for fiscal 2011, the company reiterated its adjusted earnings guidance of C$2.75 to C$2.95 per share. Analysts estimate earnings per share of C$2.86 for the full year.

Oilfield equipments dealer Black Diamond Group (BDI.TO) reported improved first quarter profits of $9.9 million or $0.59 per share compared to $4.5 million or $0.30 per share last year.

Oilfield services company Canyon Services Group (FRC.TO) reported higher first-quarter net earnings of C$30.12 million or C$0.48 per share compared to C$11.99 million or C$0.25 per share last year.

Oilfield services provider Cathedral Energy Services (CET.TO) said its first quarter net income rose to C$8.1 million or C$0.21 per share from C$5.4 million or C$0.15 per share in the year-ago quarter. Analysts were expecting the company to earn C$0.28 per share.

Gildan Activewear (GIL.TO) reported second quarter net earnings of $61.4 million or $0.50 per share, higher than last year’s $48.8 million or $0.40 per share. Adjusted net earnings rose to $64.3 million or $0.53 per share from $49.8 million or $0.41 per share in the prior year. Analysts were expecting the company to earn C$0.49 per share.

Gold miner Yamana Gold (YRI.TO) said it would increase its exploration budget for 2011 by approximately 25 percent to $105 million from $85 million. Further, the company announced a 50 percent hike in the annual dividend to $0.18 per share, from the earlier $0.12 per share.

International mining company Dundee Precious Metals (DPM.TO) swung to profit in first quarter, reporting net income of C$14.0 million or C$0.10 per share, compared with a net loss of C$49.0 million or C$0.48 per share in the prior year quarter. Analysts were expecting the company to earn C$0.18 per share.

Real estate company Morguard Corp. (MRC.TO) said it first quarter net income soared to C$57.2 million or C$4.41 per share, compared to C$15.0 million or C$1.08 per share in last year period.

Asset management company Brookfield Asset Management (BAM_A.TO) posted improved first quarter net income of $278 million or $0.41 per share compared to $164 million or $0.25 per share last year. The company declared a dividend of $0.13 per Class A Common Share.

In economic news, Statistics Canada said the nation’s trade surplus increased from C$356 million in February to C$627 million in March as exports increased 3.5 percent and imports grew 2.8 percent. Meanwhile, Canada’s trade surplus with the U.S. narrowed to $4.8 billion in March from $5.0 billion in February, as imports picked up at a faster pace than exports to markets across the border.

From south of the border, the U.S. Commerce Department said trade deficit in the world’s largest economy widened to $48.2 billion in March from revised February figures showing the deficit at $45.4 billion. Economists had expected the deficit to widen to $47.7 billion from the $45.8 billion deficit originally reported for the previous month.

Elsewhere, the Bank of England raised its medium-term inflation estimate on renewed increases in energy prices and cut the economic growth outlook and signaled that interest rates may be lifted later this year. In its May Inflation Report, the central bank said inflation is likely to increase further in 2011 on additional increases in energy and import prices. Annual inflation eased in March to 4 percent from 4.4 percent in February.

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: clearlease@gmail.com
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, BC – (May 11, 2011) Clearlease Reports Toronto stocks are poised for a mixed open Wednesday amid falling commodities prices and mixed trade data from both sides of the border. While Canada’s trade surplus nearly doubled in March as rising exports outpaced imports, data from the U.S. revealed trade deficit widened by more than expected in March.

U.S. stock futures were pointing to a flat open.

On Tuesday, the S&P/TSX Composite Index snapped its 2-session winning streak to shed 35.07 points or 0.26 percent to 13,642.06.

The price of crude oil slipped below $103 Wednesday morning as traders await cues from the official data on U.S. crude oil inventories. U.S. crude oil inventories report from the EIA for the week ended May 06 is due out during trading hours today. Analysts expect crude oil inventories to pile up this week as crude imports rose faster than refineries demand.

Earlier today, China said its consumer price index rose 5.3 percent year-over-year in April, slower than the 5.4 percent rise in March. Economists expectations were for a 5.2 percent gain.

Crude for June was down $1.09 to $102.79 a barrel.

The price of gold was struggling to extend gains for a fourth session amid a mixed U.S. dollar and inflation worries. Gold for June eased $4.00 to $1,512.90 an ounce.

In corporate news from Bay Street, crude oil transportation and distribution company Enbridge Inc. (ENB.TO) said its first-quarter earnings increased to C$393 million or C$1.04 per share from C$342 million or C$0.92 per share last year. On an adjusted basis, earnings stood at C$334 million or C$0.89 per share versus C$318 million or C$0.86 per share in the year-ago quarter. Analysts were expecting the company to earn C$0.87 per share. Further, for fiscal 2011, the company reiterated its adjusted earnings guidance of C$2.75 to C$2.95 per share. Analysts estimate earnings per share of C$2.86 for the full year.

Oilfield equipments dealer Black Diamond Group (BDI.TO) reported improved first quarter profits of $9.9 million or $0.59 per share compared to $4.5 million or $0.30 per share last year.

Oilfield services company Canyon Services Group (FRC.TO) reported higher first-quarter net earnings of C$30.12 million or C$0.48 per share compared to C$11.99 million or C$0.25 per share last year.

Oilfield services provider Cathedral Energy Services (CET.TO) said its first quarter net income rose to C$8.1 million or C$0.21 per share from C$5.4 million or C$0.15 per share in the year-ago quarter. Analysts were expecting the company to earn C$0.28 per share.

Gildan Activewear (GIL.TO) reported second quarter net earnings of $61.4 million or $0.50 per share, higher than last year’s $48.8 million or $0.40 per share. Adjusted net earnings rose to $64.3 million or $0.53 per share from $49.8 million or $0.41 per share in the prior year. Analysts were expecting the company to earn C$0.49 per share.

Gold miner Yamana Gold (YRI.TO) said it would increase its exploration budget for 2011 by approximately 25 percent to $105 million from $85 million. Further, the company announced a 50 percent hike in the annual dividend to $0.18 per share, from the earlier $0.12 per share.

International mining company Dundee Precious Metals (DPM.TO) swung to profit in first quarter, reporting net income of C$14.0 million or C$0.10 per share, compared with a net loss of C$49.0 million or C$0.48 per share in the prior year quarter. Analysts were expecting the company to earn C$0.18 per share.

Real estate company Morguard Corp. (MRC.TO) said it first quarter net income soared to C$57.2 million or C$4.41 per share, compared to C$15.0 million or C$1.08 per share in last year period.

Asset management company Brookfield Asset Management (BAM_A.TO) posted improved first quarter net income of $278 million or $0.41 per share compared to $164 million or $0.25 per share last year. The company declared a dividend of $0.13 per Class A Common Share.

In economic news, Statistics Canada said the nation’s trade surplus increased from C$356 million in February to C$627 million in March as exports increased 3.5 percent and imports grew 2.8 percent. Meanwhile, Canada’s trade surplus with the U.S. narrowed to $4.8 billion in March from $5.0 billion in February, as imports picked up at a faster pace than exports to markets across the border.

From south of the border, the U.S. Commerce Department said trade deficit in the world’s largest economy widened to $48.2 billion in March from revised February figures showing the deficit at $45.4 billion. Economists had expected the deficit to widen to $47.7 billion from the $45.8 billion deficit originally reported for the previous month.

Elsewhere, the Bank of England raised its medium-term inflation estimate on renewed increases in energy prices and cut the economic growth outlook and signaled that interest rates may be lifted later this year. In its May Inflation Report, the central bank said inflation is likely to increase further in 2011 on additional increases in energy and import prices. Annual inflation eased in March to 4 percent from 4.4 percent in February.

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: clearlease@gmail.com
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, BC – (May 11, 2011) Clearlease Reports Toronto stocks are poised for a mixed open Wednesday amid falling commodities prices and mixed trade data from both sides of the border. While Canada’s trade surplus nearly doubled in March as rising exports outpaced imports, data from the U.S. revealed trade deficit widened by more than expected in March.

U.S. stock futures were pointing to a flat open.

On Tuesday, the S&P/TSX Composite Index snapped its 2-session winning streak to shed 35.07 points or 0.26 percent to 13,642.06.

The price of crude oil slipped below $103 Wednesday morning as traders await cues from the official data on U.S. crude oil inventories. U.S. crude oil inventories report from the EIA for the week ended May 06 is due out during trading hours today. Analysts expect crude oil inventories to pile up this week as crude imports rose faster than refineries demand.

Earlier today, China said its consumer price index rose 5.3 percent year-over-year in April, slower than the 5.4 percent rise in March. Economists expectations were for a 5.2 percent gain.

Crude for June was down $1.09 to $102.79 a barrel.

The price of gold was struggling to extend gains for a fourth session amid a mixed U.S. dollar and inflation worries. Gold for June eased $4.00 to $1,512.90 an ounce.

In corporate news from Bay Street, crude oil transportation and distribution company Enbridge Inc. (ENB.TO) said its first-quarter earnings increased to C$393 million or C$1.04 per share from C$342 million or C$0.92 per share last year. On an adjusted basis, earnings stood at C$334 million or C$0.89 per share versus C$318 million or C$0.86 per share in the year-ago quarter. Analysts were expecting the company to earn C$0.87 per share. Further, for fiscal 2011, the company reiterated its adjusted earnings guidance of C$2.75 to C$2.95 per share. Analysts estimate earnings per share of C$2.86 for the full year.

Oilfield equipments dealer Black Diamond Group (BDI.TO) reported improved first quarter profits of $9.9 million or $0.59 per share compared to $4.5 million or $0.30 per share last year.

Oilfield services company Canyon Services Group (FRC.TO) reported higher first-quarter net earnings of C$30.12 million or C$0.48 per share compared to C$11.99 million or C$0.25 per share last year.

Oilfield services provider Cathedral Energy Services (CET.TO) said its first quarter net income rose to C$8.1 million or C$0.21 per share from C$5.4 million or C$0.15 per share in the year-ago quarter. Analysts were expecting the company to earn C$0.28 per share.

Gildan Activewear (GIL.TO) reported second quarter net earnings of $61.4 million or $0.50 per share, higher than last year’s $48.8 million or $0.40 per share. Adjusted net earnings rose to $64.3 million or $0.53 per share from $49.8 million or $0.41 per share in the prior year. Analysts were expecting the company to earn C$0.49 per share.

Gold miner Yamana Gold (YRI.TO) said it would increase its exploration budget for 2011 by approximately 25 percent to $105 million from $85 million. Further, the company announced a 50 percent hike in the annual dividend to $0.18 per share, from the earlier $0.12 per share.

International mining company Dundee Precious Metals (DPM.TO) swung to profit in first quarter, reporting net income of C$14.0 million or C$0.10 per share, compared with a net loss of C$49.0 million or C$0.48 per share in the prior year quarter. Analysts were expecting the company to earn C$0.18 per share.

Real estate company Morguard Corp. (MRC.TO) said it first quarter net income soared to C$57.2 million or C$4.41 per share, compared to C$15.0 million or C$1.08 per share in last year period.

Asset management company Brookfield Asset Management (BAM_A.TO) posted improved first quarter net income of $278 million or $0.41 per share compared to $164 million or $0.25 per share last year. The company declared a dividend of $0.13 per Class A Common Share.

In economic news, Statistics Canada said the nation’s trade surplus increased from C$356 million in February to C$627 million in March as exports increased 3.5 percent and imports grew 2.8 percent. Meanwhile, Canada’s trade surplus with the U.S. narrowed to $4.8 billion in March from $5.0 billion in February, as imports picked up at a faster pace than exports to markets across the border.

From south of the border, the U.S. Commerce Department said trade deficit in the world’s largest economy widened to $48.2 billion in March from revised February figures showing the deficit at $45.4 billion. Economists had expected the deficit to widen to $47.7 billion from the $45.8 billion deficit originally reported for the previous month.

Elsewhere, the Bank of England raised its medium-term inflation estimate on renewed increases in energy prices and cut the economic growth outlook and signaled that interest rates may be lifted later this year. In its May Inflation Report, the central bank said inflation is likely to increase further in 2011 on additional increases in energy and import prices. Annual inflation eased in March to 4 percent from 4.4 percent in February.

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: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk



Site Map | Privacy Policy | XML Sitemap | Terms of Use | Equipment Lease Financing RSS Feed

© Copyright 2015 - Clearlease.com - Independently Owned & Operated
All trademarks are the property of their respective owners. All Rights Reserved.
This is not a commitment to lend. Home mortgages are subject to underwriting review and approval. This is a free no obligation service.
Yahoo®, Google®, Bing ® are trademarks of their respective owners.
REALTOR® -- A Registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
The MLS® is a Trademark of Multiple Listing Service, Inc.
All Commercial Mortgage and Residential Mortgage Loan Applications are processed by Dominion Lending Centres Commercial Capital Inc.
DLC® is a Trademark of Dominion Lending Centres, Inc.
All Automobile Loan & Lease Applications are funded by the Funder.
No part of this content, data or information included herein may be reproduced, republished or redistributed.


Vancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote Vancouver
Vancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote VancouverVancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote VancouverVancouver Mortgage Leads - Residential Mortgage Leads Venacouver - FREE Mortgage Quote Vancouver