Dominion Lending Centres Clearlease Reports Canadian stocks recovered from early trading losses

Dominion Lending Centres Clearlease Reports Canadian stocks recovered from early trading losses

VANCOUVER, BC (May 17, 2011) Clearlease Reports Canadian stocks recovered from early trading losses to move just above the unchanged line Tuesday morning amid buying in base-metals and energy stocks despite weak commodities and lingering worries over euro zone debt situation.

Earlier today, Statistics Canada said that foreign investment in Canadian securities more than doubled in March. It may be recalled that the main index advanced to a fresh 31-month peak near 14,300 in March 2011.

The S&P/TSX Composite Index edged up 2.11 points or 0.02 percent to 13,393.46, a day after snapping its 4-session losing streak.

The price of crude oil was extending losses, with crude for June shedding $1.80 to $95.57 a barrel. Today after the markets close, the API will release its report on U.S. crude oil inventories for the week ended May 13. Analysts expect crude oil inventories to increase by 1 million barrels and gasoline stocks to gain by 1.30 million barrels last week.

In the oil patch, energy company Tourmaline Oil Corp. (TOU.TO) surged over 4 percent after announcing the closure of $174 million equity offering.

Heritage Oil Corp. (HOC.TO) soared over 10 percent.

Oil and gas producer Enerplus Corp. (ERF.TO) added nearly 4 percent after it said it would sell a portion of its non-operated natural gas properties in the Marcellus shale formation for about $575 million.

Among base-metals miners, Teck Resources (TCK_B.TO) and Inmet Mining (IMN.TO) gained around 2 percent each.

HudBay Minerals (HBM.TO) was up nearly 3 percent after reporting improved first quarter net profits of C$16.8 million or C$0.11 per share compared to C$10.6 million or C$0.07 per share in the prior year quarter.

In the financial space, TD Bank (TD.TO) and National Bank (NA.TO) gained over 1 percent each.

Gold for June lost $10.00 to $1,480.60 an ounce.

Detour Gold (DGC.TO) lost nearly 2 percent and Goldcorp. (G.TO) was down 1 percent.

Barrick Gold (ABX.TO) slipped 0.70 percent. The company today announced that it got clearance from Investment Canada for the acquisition of Equinox Minerals (EQN.TO)

Mexico focused precious metals miner Primero Mining (P.TO) lost nearly 2 percent after reporting a wider first quarter net loss of $7.9 million or $0.09 per share compared with $318,000 or $0.11 per share a year earlier.

Martinrea International (MRE.TO) shed 0.80 percent. The auto parts maker said it, along with its partner, would buy the assets of Honsel AG, a German based supplier of automotive components for about $179 million.

AbitibiBowater Inc. (ABH.TO) surrendered over 4 percent. The specialty paper company swung to profit in first quarter, reporting net income of $30 million or $0.31 per share, compared to a loss of $500 million or $8.68 per share.

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 Canadian stocks recovered from early trading losses

VANCOUVER, BC (May 17, 2011) Clearlease Reports Canadian stocks recovered from early trading losses to move just above the unchanged line Tuesday morning amid buying in base-metals and energy stocks despite weak commodities and lingering worries over euro zone debt situation.

Earlier today, Statistics Canada said that foreign investment in Canadian securities more than doubled in March. It may be recalled that the main index advanced to a fresh 31-month peak near 14,300 in March 2011.

The S&P/TSX Composite Index edged up 2.11 points or 0.02 percent to 13,393.46, a day after snapping its 4-session losing streak.

The price of crude oil was extending losses, with crude for June shedding $1.80 to $95.57 a barrel. Today after the markets close, the API will release its report on U.S. crude oil inventories for the week ended May 13. Analysts expect crude oil inventories to increase by 1 million barrels and gasoline stocks to gain by 1.30 million barrels last week.

In the oil patch, energy company Tourmaline Oil Corp. (TOU.TO) surged over 4 percent after announcing the closure of $174 million equity offering.

Heritage Oil Corp. (HOC.TO) soared over 10 percent.

Oil and gas producer Enerplus Corp. (ERF.TO) added nearly 4 percent after it said it would sell a portion of its non-operated natural gas properties in the Marcellus shale formation for about $575 million.

Among base-metals miners, Teck Resources (TCK_B.TO) and Inmet Mining (IMN.TO) gained around 2 percent each.

HudBay Minerals (HBM.TO) was up nearly 3 percent after reporting improved first quarter net profits of C$16.8 million or C$0.11 per share compared to C$10.6 million or C$0.07 per share in the prior year quarter.

In the financial space, TD Bank (TD.TO) and National Bank (NA.TO) gained over 1 percent each.

Gold for June lost $10.00 to $1,480.60 an ounce.

Detour Gold (DGC.TO) lost nearly 2 percent and Goldcorp. (G.TO) was down 1 percent.

Barrick Gold (ABX.TO) slipped 0.70 percent. The company today announced that it got clearance from Investment Canada for the acquisition of Equinox Minerals (EQN.TO)

Mexico focused precious metals miner Primero Mining (P.TO) lost nearly 2 percent after reporting a wider first quarter net loss of $7.9 million or $0.09 per share compared with $318,000 or $0.11 per share a year earlier.

Martinrea International (MRE.TO) shed 0.80 percent. The auto parts maker said it, along with its partner, would buy the assets of Honsel AG, a German based supplier of automotive components for about $179 million.

AbitibiBowater Inc. (ABH.TO) surrendered over 4 percent. The specialty paper company swung to profit in first quarter, reporting net income of $30 million or $0.31 per share, compared to a loss of $500 million or $8.68 per share.

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 Canadian stocks recovered from early trading losses

VANCOUVER, BC (May 17, 2011) Clearlease Reports Canadian stocks recovered from early trading losses to move just above the unchanged line Tuesday morning amid buying in base-metals and energy stocks despite weak commodities and lingering worries over euro zone debt situation.

Earlier today, Statistics Canada said that foreign investment in Canadian securities more than doubled in March. It may be recalled that the main index advanced to a fresh 31-month peak near 14,300 in March 2011.

The S&P/TSX Composite Index edged up 2.11 points or 0.02 percent to 13,393.46, a day after snapping its 4-session losing streak.

The price of crude oil was extending losses, with crude for June shedding $1.80 to $95.57 a barrel. Today after the markets close, the API will release its report on U.S. crude oil inventories for the week ended May 13. Analysts expect crude oil inventories to increase by 1 million barrels and gasoline stocks to gain by 1.30 million barrels last week.

In the oil patch, energy company Tourmaline Oil Corp. (TOU.TO) surged over 4 percent after announcing the closure of $174 million equity offering.

Heritage Oil Corp. (HOC.TO) soared over 10 percent.

Oil and gas producer Enerplus Corp. (ERF.TO) added nearly 4 percent after it said it would sell a portion of its non-operated natural gas properties in the Marcellus shale formation for about $575 million.

Among base-metals miners, Teck Resources (TCK_B.TO) and Inmet Mining (IMN.TO) gained around 2 percent each.

HudBay Minerals (HBM.TO) was up nearly 3 percent after reporting improved first quarter net profits of C$16.8 million or C$0.11 per share compared to C$10.6 million or C$0.07 per share in the prior year quarter.

In the financial space, TD Bank (TD.TO) and National Bank (NA.TO) gained over 1 percent each.

Gold for June lost $10.00 to $1,480.60 an ounce.

Detour Gold (DGC.TO) lost nearly 2 percent and Goldcorp. (G.TO) was down 1 percent.

Barrick Gold (ABX.TO) slipped 0.70 percent. The company today announced that it got clearance from Investment Canada for the acquisition of Equinox Minerals (EQN.TO)

Mexico focused precious metals miner Primero Mining (P.TO) lost nearly 2 percent after reporting a wider first quarter net loss of $7.9 million or $0.09 per share compared with $318,000 or $0.11 per share a year earlier.

Martinrea International (MRE.TO) shed 0.80 percent. The auto parts maker said it, along with its partner, would buy the assets of Honsel AG, a German based supplier of automotive components for about $179 million.

AbitibiBowater Inc. (ABH.TO) surrendered over 4 percent. The specialty paper company swung to profit in first quarter, reporting net income of $30 million or $0.31 per share, compared to a loss of $500 million or $8.68 per share.

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



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