Canadian Imperial Bank of Commerce

News and overview for Canadian Imperial Bank of Commerce

PicksThatMove.com Announces Investment Opinion on Nexmed Inc., Bank of Montreal, Temex Resources Corp., CIBC, Mirasol Resources Ltd. and China Health Resources Inc. [Press Release]
Business Wire | 13 hours 42 minutes ago
PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com.


Just Energy Reports Second Quarter Results [Press Release]
MarketWire | 18 days 11 hours 48 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/06/09 -- Just Energy Income Fund (TSX: JE.UN) -


Canadian Banc Recovery Corp: Regular Monthly Dividend Declaration for Class A and Preferred Share [Press Release]
MarketWire | 6 days 13 hours 14 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Canadian Banc Recovery Corp (formerly Prime Rate Plus Corp) ("The Company") declares its regular monthly distribution of $0.06250 (5.00% annualized) for each Class A share which reflects the distribution policy of prime rate in Canada (2.25% as at November 15, 2009) plus 2% annually. The Company also declares its regular monthly distribution of $0.04167 (5.00% annualized) for each Preferred share which reflects the distribution policy of prime ...


Canada rallies as Japan GDP fuels resource prices - MarketWatch
MarketWatch | 8 days 14 hours 21 minutes ago
Energy and metals prices also retained higher ground after U.S. Federal Reserve Chairman Ben Bernanke said that while the U.S. economy still faces considerable challenges, the most likely outcome is moderate economic growth with subdued inflation.


Dividend 15 Split Corp. II: Regular Monthly Dividend Declaration for Class A and Preferred Share [Press Release]
MarketWire | 6 days 13 hours 14 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 10, 2009 to shareholders on record as of November 30, 2009.


Financial 15 Split Corp.: Regular Monthly Dividend Declaration for Class A and Preferred Share [Press Release]
MarketWire | 6 days 13 hours 14 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.1257 for each Class A share ($1.5084 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 10, 2009 to shareholders on record as of November 30, 2009.


Financial 15 Split Corp. II: Regular Monthly Dividend Declaration for Class A & Preferred Share [Press Release]
MarketWire | 6 days 13 hours 14 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Financial 15 Split Corp. II ("Financial 15 II") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 10, 2009 to shareholders on record as at November 30, 2009.


Dividend 15 Split Corp.: Regular Monthly Dividend Declaration [Press Release]
MarketWire | 6 days 13 hours 14 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Dividend 15 Split Corp. ("Dividend 15") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 10, 2009 to shareholders on record as of November 30, 2009.


Dividend 15 Split Corp.-Rights Offering [Press Release]
MarketWire | 6 days 7 hours 56 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/18/09 -- Dividend 15 Split Corp. (the "Company") is pleased to announce that it has issued 1,181,421 Units for an aggregate of $23.3 million pursuant to the Rights offering that expired on November 16, 2009 at 4:00 p.m. (local time). The net proceeds from the subscription of Units will be used to acquire additional securities in accordance with the Company's Investment objectives. By raising additional cash through this offering it allows the Company to...


Canada stocks slip; interest rate left unchanged - MarketWatch
MarketWatch | 35 days 14 hours ago
The S&P/TSX Composite Index /quotes/comstock/11t!isptx (CA:ISPTX 11,537, -1.05, -0.01%) recently fell 16 points, or 0.1%, to 11,521.58, but was off session lows.


Canada gold, industrials offset dip in oil stocks - MarketWatch
MarketWatch | 21 days 14 hours 55 minutes ago
The S&P/TSX Composite Index /quotes/comstock/11t!isptx (CA:ISPTX 10,927, +48.95, +0.45%) rose 25 points, or 0.2%, to 10,902. The index finished 0.3% lower in choppy trade Monday.


Central Fund of Canada Limited Closes U.S.$230,181,000 Class A Share Issue [Press Release]
MarketWire | 7 days 8 hours 17 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/17/09 -- Central Fund of Canada Limited (TSX: CEF.A)(TSX: CEF.U)(NYSE Amex: CEF) ("Central Fund") of Calgary, Alberta is pleased to announce that it has completed the sale of 16,975,000 Class A Shares of Central Fund at a price of U.S.$13.56 per Class A Share to a syndicate of underwriters (the "Underwriters") led by CIBC, raising total gross proceeds of U.S.$230,181,000. The Class A Shares offered were primarily sold to investors in Canada and in the U...


Advantex Announces Results for First Quarter of Fiscal 2010 [Press Release]
MarketWire | 11 days 10 hours 57 minutes ago
TORONTO, ONTARIO -- (Marketwire) -- 11/13/09 -- Advantex Marketing International Inc. (TSX VENTURE: ADX), a leading specialist in merchant funding and loyalty marketing programs, today announced its results for the first quarter of fiscal 2010. All currency amounts are in Canadian dollars unless otherwise noted.


Canada shares tip up as miners gain - MarketWatch
MarketWatch | 34 days 15 hours 9 minutes ago
The S&P/TSX Composite index /quotes/comstock/11t!isptx (CA:ISPTX 11,581, +42.74, +0.37%) rose 45 points, or less than 0.4%, to 11,583.


Canadian stocks fall back, financials rally on BMO results
MarketWatch | 12 hours 59 minutes ago
Canadian stocks slid Tuesday as commodities gave up some of the prior session's gains, but financials headed higher on a surprisingly strong jump in profits at Bank of Montreal's parent.





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Company Overview


Company: Canadian Imperial Bank of Commerce
Industry: Banking - Canada
Website: http://www.cibc.com/

Canadian Imperial Bank of Commerce (CIBC) is both Canadian and imperial when it comes to growing its business. CIBC has more than 1,000 branches offering a range of consumer and business services, including deposits, loans, brokerage, and mutual funds. It operates in two main segments: CIBC Retail Markets (consumer and small business banking, credit cards, wealth management) and CIBC World Markets (investment banking, capital markets, and merchant banking services). Operating units within its business lines include retail brokerage CIBC Wood Gundy and trust and custody services provider CIBC Mellon, a joint venture with The Bank of New York Mellon.


Key Numbers

Sales in U.S. Dollars (mil.) 3,054.7 (2008)
One-year % Growth in Sales -76.0 (2008)
Net Income in U.S. Dollars (mil.) -1,694.3 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 39,698 (2008)
One-year % Growth in Number of Employees -1.9 (2008)
Fiscal Year-End October