Forget US Bank Stocks, Bet on These 5 Canadian Ones Instead
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 3:59PM CDT
We suggest investors to readjust the investment portfolio to include certain Canadian stocks that currently look attractive.
BMO: 64.44 (-0.68), TD: 44.16 (-0.34), RY: 61.29 (-0.28), CM: 79.66 (-0.87), BNS: 50.77 (-0.36)
Foreign Banks Stock Outlook - June 2016
Kalyan Nandy - Zacks Investment Research - Thu Jun 09, 4:30PM CDT
Foreign Banks Stock Outlook - June 2016
BCS: 9.33 (-0.23), TD: 44.16 (-0.34), BFR: 19.94 (-0.30), CS: 12.09 (-0.34), RY: 61.29 (-0.28), DB: 15.18 (-0.56), HSBC: 30.72 (-0.29), UBS: 13.97 (-0.36), CM: 79.66 (-0.87), SHG: 33.38 (-0.24)
UBS to Cut Management Jobs, Overhaul U.S. Wealth Unit
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:23AM CDT
UBS Group AG (UBS) is planning to eliminate some management positions in its U.S. wealth-management division and reduce advisor recruitment by 40%
BMO: 64.44 (-0.68), RY: 61.29 (-0.28), UBS: 13.97 (-0.36), CM: 79.66 (-0.87)
Itau Unibanco (ITUB) Expansion Plans on Track: Time to Buy?
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 9:20AM CDT
We issued an updated research report on Brazil's Itau Unibanco Holding S.A. (ITUB) on Jun 7.
BMO: 64.44 (-0.68), RY: 61.29 (-0.28), CM: 79.66 (-0.87), ITUB: 8.34 (-0.05)
HSBC to Cut Investment Banking Jobs to Improve Profitability
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:54AM CDT
HSBC is cutting senior investment banking positions as part of its ongoing plan to reduce costs and improve profitability.
BMO: 64.44 (-0.68), RY: 61.29 (-0.28), HSBC: 30.72 (-0.29), CM: 79.66 (-0.87)
Mitsubishi UFJ Bank Unit May Quit as JGB Primary Dealer
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 7:05AM CDT
The core lending unit of Mitsubishi UFJ Financial Group, Inc. (MTU) is contemplating withdrawal from its role as a primary dealer for Japanese government bonds (JGB)
BMO: 64.44 (-0.68), MTU: 4.66 (-0.18), RY: 61.29 (-0.28), CM: 79.66 (-0.87)
CIBC named Canada Derivatives House of the Year for third consecutive year
CNW Group - Tue Jun 07, 10:02AM CDT
CIBC (CM: TSX) (CM: NYSE) has been named Canada Derivatives House of the Year for the third year in a row by GlobalCapital, a leading capital markets journal.
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)
New Strong Buy Stocks for June 7th
Swarup Gupta - Zacks Investment Research - Tue Jun 07, 7:30AM CDT
New Strong Buy Stocks for June 7th
CRNT: 1.69 (-0.01), BMO: 64.44 (-0.68), ALV: 119.66 (-1.49), CM: 79.66 (-0.87), TAST: 12.03 (-0.26)
Canadian baby boomers stand to inherit $750 billion in the next 10 years: CIBC
CNW Group - Mon Jun 06, 5:00AM CDT
Looming bequest boom to impact economy, housing market and exacerbate wealth inequality
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)
Team CIBC offers community support after Fort McMurray branches reopen
CNW Group - Fri Jun 03, 5:35PM CDT
Water, snacks and more supplies for clients at branches, with healthy food available for free at the Wood Buffalo Food Bank
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)
Deutsche Bank's CEO Warns Basel May Hit Capital Buffer
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 7:33AM CDT
Deutsche Bank AG (DB) is likely to keep aside more capital or scale back businesses as regulators lays stricter rules regarding risk measurement by the banks.
BMO: 64.44 (-0.68), RY: 61.29 (-0.28), DB: 15.18 (-0.56), CM: 79.66 (-0.87)
Deutsche Bank's Postbank IPO on Hold, Seeks "Creative" Exit
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:34AM CDT
In a bid to boost capital levels, Deutsche Bank AG's (DB) efforts to deconsolidate its retail unit, Deutsche Postbank AG, seem to get further delayed
BMO: 64.44 (-0.68), DB: 15.18 (-0.56), CM: 79.66 (-0.87), SHG: 33.38 (-0.24)
CIBC one of two Canadian banks to earn highest overall score in mobile banking functionality benchmark
CNW Group - Wed Jun 01, 5:00AM CDT
CIBC (TSX: CM) (NYSE: CM) today announced it is one of two banks to earn the highest overall score in the Forrester Research 2016 Canadian Mobile Functionality Benchmark. According to the report, CIBC stands out by supporting a wide range of mobile touch points and excelling at marketing and sales with features like preapproved offers and prefilled applications within the mobile app.
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)
Canadian Imperial (CM): Q2 Earnings and Revenues Strong
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:14AM CDT
Canadian Imperial Bank of Commerce (CM) reported second-quarter fiscal 2016 earnings (ended Apr 30) on May 26. Adjusted earnings per share came in at C$2.40, up from C$2.28 in the prior-year quarter.
RY: 61.29 (-0.28), RBS: 6.15 (+0.09), UBS: 13.97 (-0.36), CM: 79.66 (-0.87)
CIBC joins Responsible Investment Association as a Sustaining Member
CNW Group - Mon May 30, 9:38AM CDT
Several CIBC Wood Gundy advisors are long-time practitioners of responsible and social investing
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)
Media Advisory - HGTV's Scott McGillivray to showcase CIBC Hello Home(TM) app on Facebook Live
CNW Group - Mon May 30, 9:09AM CDT
Join online for the Facebook Live premiere of Canada's first-ever app that lets you complete your entire mortgage application on your iPhone or iPad
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)
TD Bank's (TD) Q2 Earnings & Revenues Up Y/Y, Costs Rise
Zacks Equity Research - Zacks Investment Research - Mon May 30, 6:37AM CDT
The Toronto-Dominion Bank (TD), also known as TD Bank, announced its fiscal second-quarter 2016 (ended Apr 30) adjusted earnings of C$1.20 per share, which were up 5% year over year.
TD: 44.16 (-0.34), RY: 61.29 (-0.28), HDB: 63.73 (-0.90), CM: 79.66 (-0.87)
Deutsche Bank (DB) Ratings Cut by Moody's; Outlook Stable
Zacks Equity Research - Zacks Investment Research - Thu May 26, 6:56AM CDT
Moody's Investors Service, a rating arm of Moody's Corporation (MCO), recently concluded the review of Deutsche Bank AG (DB) and its subsidiaries' for a possible rating downgrade.
DB: 15.18 (-0.56), CM: 79.66 (-0.87), SHG: 33.38 (-0.24), MCO: 98.32 (-1.12)
CIBC Increases Dividends
CNW Group - Thu May 26, 4:12AM CDT
CIBC (TSX: CM; NYSE: CM) announced today that its Board of Directors declared a dividend of $1.21 per share on common shares for the quarter ending July 31, 2016, an increase of three cents from the previous quarter. This dividend is payable on July 28, 2016 to shareholders of record at the close of business on June 28, 2016.
CM: 79.66 (-0.87), CM.TO: 102.02 (-0.71)