|Bid||108.86 x 0|
|Ask||108.86 x 0|
|Day's Range||108.78 - 110.23|
|52 Week Range||99.51 - 125.21|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||9.35|
|Earnings Date||Feb 20, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||5.44 (4.96%)|
|1y Target Est||126.73|
In Brussels, the EU’s chief Brexit negotiator, Michel Barnier, has been talking about Ireland -- amid controversy over remarks on Tuesday from a European Commission spokesperson that there will be a hard border on the island if the U.K. leaves the bloc without a deal. Corbyn’s spokesman tells reporters at a briefing in Parliament that Labour is looking at “all mechanisms” to take no-deal off the table and will “engage seriously” with all options -- including Cooper’s proposal to extend the March 29 exit day deadline -- before deciding which to back.
Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) offers investors strong growth and income prospects, despite what long-time critics may think.
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , Jan. 22, 2019 /CNW/ - CIBC (TSX: CM) (NYSE: CM) today announced that it has completed the offering ...
TORONTO , Jan. 22, 2019 /CNW/ - Today CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. launched new low-cost exchange traded fund (ETF) solutions that complement its broad and innovative fund lineup ...
New portfolios offer clients a simple and sophisticated way to invest TORONTO , Jan. 21, 2019 /CNW/ - CIBC (TSX: CM) (NYSE: CM) – CIBC Asset Management Inc. announced today the launch of CIBC Smart Investment ...
VANCOUVER , Jan. 21, 2019 /CNW/ - CIBC (TSX: CM) (NYSE: CM) will host its 22 nd annual Whistler Institutional Investor Conference January 23-25, 2019 . Scheduled to present are senior executives from North ...
If you can only choose one bank stock, should it be The Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) or Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM)?
Statistics Canada said Thursday the next trade report, due Feb. 5, won’t be published as scheduled. The delay will likely last until after the U.S. Census Bureau resumes normal operations. “Trade statistics without Canada’s exports to the U.S. have limited use as a current economic indicator, as these exports represent approximately 75 percent of Canada’s total exports,” the Ottawa-based agency said on its website.
2019 is shaping up to be a nice entry point for great bank stocks like Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) and Bank of Montreal (TSX:BMO)(NYSE:BMO).
TORONTO, Jan. 14, 2019 /CNW/ - CIBC (TSX:CM.TO - News) (NYSE:CM - News) today announced that as a result of strong investor demand for its previously announced domestic public offering of Basel III-compliant Non-cumulative Rate Reset Class A Preferred Shares Series 49 (Non-Viability Contingent Capital (NVCC)) (the "Series 49 Shares"), the size of the offering has been increased to 13 million shares. The offering will be underwritten by a syndicate led by CIBC Capital Markets. The net proceeds from this transaction will be used for general purposes of CIBC.
Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) has bounced off the 2018 low. Is this the right time to buy?
As Big Six banks like Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) flopped, this Canadian bank skyrocketed like a bat outta hell!
TORONTO, Jan. 14, 2019 /CNW/ - CIBC (TSX/NYSE: CM) today announced that it had entered into an agreement with a group of underwriters led by CIBC Capital Markets for an issue of 10 million Basel III-compliant Non-cumulative Rate Reset Class A Preferred Shares Series 49 (Non-Viability Contingent Capital (NVCC)) (the "Series 49 Shares") priced at $25.00 per Series 49 Share to raise gross proceeds of $250 million. CIBC has granted the underwriters an option to purchase up to an additional 2 million Series 49 Shares at the same offering price, exercisable at any time up to two days prior to closing. Should the underwriters' option be fully exercised, the total gross proceeds of the financing will be $300 million.
Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and Toronto-Dominion Bank (TSX:TD)(NYSE:TD) are severely undervalued, but which is a better bank for your buck?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. Unfortunately, there are also plenty of examples of share prices Read More...
Genworth MI Canada Inc. (TSX:MIC) and Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) are attractive targets for a 2019 TFSA.
Shareholders of Industrial Alliance Insur. & Fin. Ser. (TSX:IAG) have enjoyed a 15% gain less than a month. Value stocks will rule in 2019.
TORONTO, Jan. 10, 2019 /CNW/ - Following the close of Air Canada's acquisition of the Aeroplan loyalty business from Aimia Canada Inc., CIBC (CM:TSX) (CM:NYSE) confirmed today that it will be offering credit cards under Air Canada's new loyalty program which is expected to launch in 2020, allowing for a smooth transition for CIBC's Aeroplan cardholders to the new program. Air Canada also confirmed today that Aeroplan Members' Miles will be honoured on a one-to-one basis in Air Canada's new loyalty program.
The Ottawa-based central bank left its overnight benchmark rate unchanged at 1.75 percent for a second straight decision Wednesday, citing a temporary slowdown that will create a modest amount of excess capacity and curb inflationary pressures. Weaker-than-expected consumption and housing activity also suggests the five hikes since mid-2017 may be having a stronger impact than expected, policy makers said. The marking down of the near-term economic outlook highlights how difficult it will be for Governor Stephen Poloz to continue his hiking path with one of the country’s key industries in crisis, particularly given how fragile global financial markets have been.
Here's why Canadian Imperial Bank of Commerce (TSX:CM)(NYSE:CM) and another two oversold TSX Index stocks deserve to be on your TFSA radar today.
It is nice to know with certainty when to enter a position in the Canadian banks. Bank of Nova Scotia (TSX:BNS)(NYSE:BNS) is one that just became a buy.