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CIBC posts $2.6 billion record-high earnings after slashing costs, jobs CP via Yahoo! Canada News
TORONTO (CP) - Canadian Imperial Bank of Commerce (TSX:CM) has posted a record $2.6-billion annual profit after slashing costs across-the-board following last year's Enron-related loss.
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)
Stocks Pull Back for a Second Day As Investors Wait for Jobs Report Washington Post
NEW YORK, Dec. 7 -- Stocks declined for a second straight session Thursday, as investors grew nervous ahead of the government's November jobs creation report and its implications for the health of the economy.
Dow ends down 31 ahead of jobs report AP via Yahoo! News
Stocks declined for a second straight session Thursday as Wall Street grew nervous ahead of the government's November jobs creation report and its implications for the health of the overall economy.
Homebuilders, and Worries Over Jobs, Lead a Decline New York Times
Stocks fell for a second day on anticipation that this week?s jobs report would show worsening unemployment.
U.S. Stock-Index Futures Are Little Changed Before Jobs Report Bloomberg.com
Dec. 8 (Bloomberg) -- U.S. stock-index futures were little changed before a jobs report that may help investors determine whether the Federal Reserve will need to cut interest rates.
U.S. Stock-Index Futures Are Little Changed Before Jobs Report Bloomberg.com
Dec. 8 (Bloomberg) -- U.S. stock-index futures were little changed before a jobs report that may help investors gauge the degree of the U.S. economy's slowdown.
Jobs concerns send stox down New York Daily News
Stocks were down for a second straight day as Wall Street grew nervous ahead of today's November jobs report and its implications for the health of the overall economy.
Stocks decline a second day on eve of Nov. jobs report Baltimore Sun
Stocks declined for a second-straight session yesterday as Wall Street grew nervous ahead of the government's November jobs creation report today and its implications for the overall economy.
U.S. Stocks Fall Before Jobs Report; Homebuilders Lead Retreat Bloomberg.com
Dec. 7 (Bloomberg) -- U.S. stocks fell for a second day on anticipation this week's jobs report will show unemployment rose for the first time since July. Homebuilders led the decline.

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Quality of U.S. jobs declining during recovery: CIBC
High quality jobs in US replaced in past three years by lower-paying, less stable employment, according to CIBC report.
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