Dominion Lending Centres Clearlease Reports Early Signals Point To Positive Open For TSX

Dominion Lending Centres Clearlease Reports Early Signals Point To Positive Open For TSX

VANCOUVER, BC (May 20, 2011) Clearlease Reports Toronto stocks may open higher Thursday amid firm commodities and mixed cues from the global equity markets. Traders will also react to the recent batch of corporate earnings reports that came in mixed.

Commodities were steady after the U.S. Federal Reserve’s minutes indicated that the policy makers will continue to support the economy and in no hurry to tighten monetary policy.

Asian markets ended mixed as Japanese investors dumped stocks after data revealed that the March 11 earthquake and tsunami took a heavy toll on the nation’s economy. Japan’s gross domestic product contracted an annualized 3.7 percent in the first quarter of 2011, belying economists expectations for a 2.0 percent drop. Meanwhile, European stocks were trading higher on support from commodities stocks.

U.S. stock futures were pointing to a higher open amid weekly jobless claims data.

On Wednesday, the S&P/TSX Composite Index surged to a weekly high, adding 166.19 points or 1.24 percent to 13607.25.

The price of crude oil was steady above $100 after official data revealed crude inventories were unchanged last week. Crude for June was flat at $100.10 a barrel

Gold for June slipped $6.80 to $1,489.00 an ounce.

In corporate news from Canada, Colombia focused oil and gas firm Pacific Rubiales Energy (PRE.TO) slipped in to red in first quarter, reporting net loss of $69.59 million or $0.26 per share compared to a profit of $76.13 million or $0.30 per share in the prior year quarter.

Oil and gas exploration company Angle Energy (NGL.TO) reported improved first quarter funds from operations of $22.99 million or $0.31 per share, compared to $12.47 million or $0.22 per share in the previous year quarter.

Drilling services provider PHX Energy Services (PHX.TO) reported that its first-quarter funds from operations rose to C$9.09 million or C$0.32 per share, from C$5.72 million or C$0.21 per share in the same quarter last year.

Silver mining company Pan American Silver (PAA.TO) reported a much improved first quarter net earnings of $92.7 million or $0.86 per share compared to $26.2 million or $0.25 per share a year ago.

Retail and commercial properties focused trust Artis Real Estate Investment Trust (AX_UN.TO) reported that its first-quarter funds from operations rose to C$21.67 million or C$0.28 per unit from C$11.80 million or C$0.27 per unit in the year ago quarter. The company said it would be acquiring $189.0 million of properties in Canada and $53.3 million of properties in the US. The company also confirmed the closing of $60.3 million of previously announced Canadian office and industrial property acquisitions.

Interactive white board maker Smart Technologies (SMA.TO) reported a decline in its fourth quarter profits to $7.6 million from $10.5 million in the year-ago period. Earnings per share were $0.06, flat with last year on a lower share count for the recent quarter. Analysts were expecting the company to report earnings of $0.08 per share this quarter.

GPS products maker Hemisphere GPS (HEM.TO) swung to profit in first quarter, reporting net income of $1.85 million or $0.03 per share compared to a loss of $1.01 million or $0.02 last year.

Closeout retail stores operator Liquidation World (LQW.TO) reported a wider second quarter net loss of C$14.0 million or C$0.47 per share compared with a net loss of C$2.9 million or C$0.18 per share in the prior year quarter.

In economic news from south of the border, the U.S. Labor Department said new applications for unemployment insurance fell 29,000 to 409,000. Economists were expecting the claims to come in at 425,000.

Elsewhere, total retail sales in UK, including automotive fuel, grew 1.1 percent month-on-month in April, after an upwardly revised 0.3 percent increase in March, data from the Office for National Statistics showed today. The retail sales growth for March was initially estimated at 0.2 percent. Economists were expecting a 0.8 percent increase for April.

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 Early Signals Point To Positive Open For TSX

VANCOUVER, BC (May 20, 2011) Clearlease Reports Toronto stocks may open higher Thursday amid firm commodities and mixed cues from the global equity markets. Traders will also react to the recent batch of corporate earnings reports that came in mixed.

Commodities were steady after the U.S. Federal Reserve’s minutes indicated that the policy makers will continue to support the economy and in no hurry to tighten monetary policy.

Asian markets ended mixed as Japanese investors dumped stocks after data revealed that the March 11 earthquake and tsunami took a heavy toll on the nation’s economy. Japan’s gross domestic product contracted an annualized 3.7 percent in the first quarter of 2011, belying economists expectations for a 2.0 percent drop. Meanwhile, European stocks were trading higher on support from commodities stocks.

U.S. stock futures were pointing to a higher open amid weekly jobless claims data.

On Wednesday, the S&P/TSX Composite Index surged to a weekly high, adding 166.19 points or 1.24 percent to 13607.25.

The price of crude oil was steady above $100 after official data revealed crude inventories were unchanged last week. Crude for June was flat at $100.10 a barrel

Gold for June slipped $6.80 to $1,489.00 an ounce.

In corporate news from Canada, Colombia focused oil and gas firm Pacific Rubiales Energy (PRE.TO) slipped in to red in first quarter, reporting net loss of $69.59 million or $0.26 per share compared to a profit of $76.13 million or $0.30 per share in the prior year quarter.

Oil and gas exploration company Angle Energy (NGL.TO) reported improved first quarter funds from operations of $22.99 million or $0.31 per share, compared to $12.47 million or $0.22 per share in the previous year quarter.

Drilling services provider PHX Energy Services (PHX.TO) reported that its first-quarter funds from operations rose to C$9.09 million or C$0.32 per share, from C$5.72 million or C$0.21 per share in the same quarter last year.

Silver mining company Pan American Silver (PAA.TO) reported a much improved first quarter net earnings of $92.7 million or $0.86 per share compared to $26.2 million or $0.25 per share a year ago.

Retail and commercial properties focused trust Artis Real Estate Investment Trust (AX_UN.TO) reported that its first-quarter funds from operations rose to C$21.67 million or C$0.28 per unit from C$11.80 million or C$0.27 per unit in the year ago quarter. The company said it would be acquiring $189.0 million of properties in Canada and $53.3 million of properties in the US. The company also confirmed the closing of $60.3 million of previously announced Canadian office and industrial property acquisitions.

Interactive white board maker Smart Technologies (SMA.TO) reported a decline in its fourth quarter profits to $7.6 million from $10.5 million in the year-ago period. Earnings per share were $0.06, flat with last year on a lower share count for the recent quarter. Analysts were expecting the company to report earnings of $0.08 per share this quarter.

GPS products maker Hemisphere GPS (HEM.TO) swung to profit in first quarter, reporting net income of $1.85 million or $0.03 per share compared to a loss of $1.01 million or $0.02 last year.

Closeout retail stores operator Liquidation World (LQW.TO) reported a wider second quarter net loss of C$14.0 million or C$0.47 per share compared with a net loss of C$2.9 million or C$0.18 per share in the prior year quarter.

In economic news from south of the border, the U.S. Labor Department said new applications for unemployment insurance fell 29,000 to 409,000. Economists were expecting the claims to come in at 425,000.

Elsewhere, total retail sales in UK, including automotive fuel, grew 1.1 percent month-on-month in April, after an upwardly revised 0.3 percent increase in March, data from the Office for National Statistics showed today. The retail sales growth for March was initially estimated at 0.2 percent. Economists were expecting a 0.8 percent increase for April.

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 Early Signals Point To Positive Open For TSX

VANCOUVER, BC (May 20, 2011) Clearlease Reports Toronto stocks may open higher Thursday amid firm commodities and mixed cues from the global equity markets. Traders will also react to the recent batch of corporate earnings reports that came in mixed.

Commodities were steady after the U.S. Federal Reserve’s minutes indicated that the policy makers will continue to support the economy and in no hurry to tighten monetary policy.

Asian markets ended mixed as Japanese investors dumped stocks after data revealed that the March 11 earthquake and tsunami took a heavy toll on the nation’s economy. Japan’s gross domestic product contracted an annualized 3.7 percent in the first quarter of 2011, belying economists expectations for a 2.0 percent drop. Meanwhile, European stocks were trading higher on support from commodities stocks.

U.S. stock futures were pointing to a higher open amid weekly jobless claims data.

On Wednesday, the S&P/TSX Composite Index surged to a weekly high, adding 166.19 points or 1.24 percent to 13607.25.

The price of crude oil was steady above $100 after official data revealed crude inventories were unchanged last week. Crude for June was flat at $100.10 a barrel

Gold for June slipped $6.80 to $1,489.00 an ounce.

In corporate news from Canada, Colombia focused oil and gas firm Pacific Rubiales Energy (PRE.TO) slipped in to red in first quarter, reporting net loss of $69.59 million or $0.26 per share compared to a profit of $76.13 million or $0.30 per share in the prior year quarter.

Oil and gas exploration company Angle Energy (NGL.TO) reported improved first quarter funds from operations of $22.99 million or $0.31 per share, compared to $12.47 million or $0.22 per share in the previous year quarter.

Drilling services provider PHX Energy Services (PHX.TO) reported that its first-quarter funds from operations rose to C$9.09 million or C$0.32 per share, from C$5.72 million or C$0.21 per share in the same quarter last year.

Silver mining company Pan American Silver (PAA.TO) reported a much improved first quarter net earnings of $92.7 million or $0.86 per share compared to $26.2 million or $0.25 per share a year ago.

Retail and commercial properties focused trust Artis Real Estate Investment Trust (AX_UN.TO) reported that its first-quarter funds from operations rose to C$21.67 million or C$0.28 per unit from C$11.80 million or C$0.27 per unit in the year ago quarter. The company said it would be acquiring $189.0 million of properties in Canada and $53.3 million of properties in the US. The company also confirmed the closing of $60.3 million of previously announced Canadian office and industrial property acquisitions.

Interactive white board maker Smart Technologies (SMA.TO) reported a decline in its fourth quarter profits to $7.6 million from $10.5 million in the year-ago period. Earnings per share were $0.06, flat with last year on a lower share count for the recent quarter. Analysts were expecting the company to report earnings of $0.08 per share this quarter.

GPS products maker Hemisphere GPS (HEM.TO) swung to profit in first quarter, reporting net income of $1.85 million or $0.03 per share compared to a loss of $1.01 million or $0.02 last year.

Closeout retail stores operator Liquidation World (LQW.TO) reported a wider second quarter net loss of C$14.0 million or C$0.47 per share compared with a net loss of C$2.9 million or C$0.18 per share in the prior year quarter.

In economic news from south of the border, the U.S. Labor Department said new applications for unemployment insurance fell 29,000 to 409,000. Economists were expecting the claims to come in at 425,000.

Elsewhere, total retail sales in UK, including automotive fuel, grew 1.1 percent month-on-month in April, after an upwardly revised 0.3 percent increase in March, data from the Office for National Statistics showed today. The retail sales growth for March was initially estimated at 0.2 percent. Economists were expecting a 0.8 percent increase for April.

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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