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Canada will be the planet's single largest source of new oil supply by 2010, according to CIBC World Markets report FinanzNachrichten
TORONTO, Dec. 8 /PRNewswire-FirstCall/ -- CIBC ( Nachrichten ) (CM: TSX; NYSE) - Canada holds almost 60 per cent of the investable oil reserves in the world today and by the end of the decade Canadian oil sands production will be the planet's single largest source of new supply, according to CIBC World Markets latest Monthly Indicators report.
Cost-cutting CIBC has best-ever annual profit of $2.6B despite 9% revenue sag Vancouver Province
"CIBC delivered solid results in 2006, underpinned by the progress we made against our strategic priorities," CEO Gerald McCaughey said. (CPimages /Adrian Wyld)
CIBC Asset Management announces mutual fund name changes CNW Group via Yahoo! Finance
CIBC Asset Management announced today changes to two fund names in the Renaissance Funds family, as part of the funds' simplified prospectus renewal.
CIBC back in black in 2006 Ottawa Business Journal
CIBC posted a 12.5-per-cent increase in its fourth-quarter net earnings to $819 million or $2.32, despite a drop in total revenues to $2.9 billion.
CIBC reports higher Q4 profit Investment Executive
CIBC today reported a higher fourth-quarter profit, thanks to a strong performance from its retail businesses. The bank said net income for the quarter ended Oct, 31 was $819 million, or $2.32 a share, compared with $728 million, or $2.06 a share, in the corresponding quarter of 2005.
CIBC announces fourth quarter 2006 results CNW Group via Yahoo! Finance
CIBC announced record net income of $819 million for the fourth quarter ended October 31, 2006, up from $728 million a year ago. Diluted earnings per share were $2.32, up from $2.06 a year ago.
Plastic powers CIBC comeback The Globe and Mail
Canadians' love affair with credit cards helped lift Canadian Imperial Bank of Commerce to a record $819-million quarterly profit, as the bank continued to rebound from last year's Enron debacle.
Canadian Stocks Rise, Led By Banks; CIBC Climbs on Earnings Bloomberg.com
Dec. 7 (Bloomberg) -- Canadian stocks rose to a record for the sixth time in seven days, paced by financial shares after Canadian Imperial Bank of Commerce reported profit that exceeded analysts' estimates.
Canadian Stocks Rise, Led By Banks; CIBC Climbs on Earnings Bloomberg.com
Dec. 7 (Bloomberg) -- Canadian stocks rose for the sixth time in seven days, paced by financial shares after Canadian Imperial Bank of Commerce reported profit that exceeded analysts' estimates.
Canadian Stocks Rise, Led By Banks; CIBC Climbs on Earnings Bloomberg.com
Dec. 7 (Bloomberg) -- Canadian stocks rose for the sixth time in seven days, led by financial shares after Canadian Imperial Bank of Commerce reported profit that exceeded analysts' estimates.
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