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HILBROY ADVISORY WEEKLY MARKET WRAP UP

05-02-2011 01:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: HilbroyAdvisory, Inc.

Montreal, Quebec, April 29th, 2011– Hilbroy Advisory Inc. (DeutcheBörse: 2H0) Weekly, Market wrap up.

Week ending 29-Apr-11The S&P 500 gained 1.9% as most companies continue to top earnings expectations and first quarter GDP grew at a slightly faster-than-expected pace. As stocks gained, the dollar fell, gold hit a new record and oil prices rose to a fresh multiyear high.
Buying interest was broad-based with all 10 sectors advancing at least 1%.
Commodity prices rallied, with silver spiking 3.8%, crude advancing 1.2% and gold gaining 3.7%. Meanwhile, the dollar index fell 1.2%. Year-to-date gold is up 10%, oil is up 24% and silver has rallied 55%. Meanwhile, the dollar has fallen 7.7%.
The week was extremely earnings heavy, with nearly 150 S&P 500 companies releasing their quarterly results. 3M hit an all-time high following its upside report and forecast.
Research in Motion took a pounding as the maker of BlackBerry devices lowered its profit forecast.
About 300 S&P 500 components have reported first quarter earnings, 74% have posted an upside surprise. Earnings are now expected to grow 16% this quarter, an increase from the 11.5% estimate at the beginning of the quarter.
In economic news, first quarter GDP rose at a seasonally adjusted annual rate of 1.8%, slightly ahead of the Briefing.com consensus of 1.7%. An increase in imports, a slowdown in personal spending growth and a decrease in federal government spending resulted in the deceleration of GDP growth relative to prior quarters.
The FOMC left the benchmark unchanged at between 0.00% and 0.25%, as expected. The Federal Reserve trimmed its 2011 growth forecast range by about 40 basis points. On a positive note, the Fed also decreased its unemployment expectations, now forecasting a range of between 8.4% and 8.7%.
About Hilbroy Advisory Inc.
Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.
Our specialists will customize a service package that includes reviewing, identifying and recommending a series of specific action and tasks that help their clients’ management decisions when seeking
• Go Public strategy,
• Debt and or equity financing
• Identify prospective investors
• Hire investor relations firm
• Cross listing decisions
• Planning road-shows and promotional campaigns.
Hilbroy Advisory has established numerous international relationships over the years with Broker Dealers, Hedge Funds, Institutional Investors, High net worth Investors as well as with investor relations firms and consultants. These relationships are made available to all Hilbroy clients and our team will manage the relationships from introduction to post financing activities.

Contact:
Jean François Amyot
HilbroyAdvisory, Inc.
1400 rue Begin
Montreal, QC H4R 1X1
info@hilbroyadvisory.com
www.hilbroyadvisory.com
Tel: 514-334-3131

Important Information About Forward-Looking Statements
All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates", "believes", "could", "expects", "intends", "may", "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.
A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Hilbroy Advisory Inc. is a Canadian based advisory and consultancy services company founded in 2000. Our Company provides publicly traded and private companies, institutions and individuals with a series of advisory services enabling these companies to fully reach their corporate objectives and potential.

1400 rue Begin

Montreal, QC H4R 1X1

info@hilbroyadvisory.com

http://www.hilbroyadvisory.com

514-334-3131

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