2020 is not 2009, and Canadians should invest accordingly [Toronto Globe and Mail (Ontario, Canada)]
Canadian Imperial Bank of Commerce (CM)
Last canadian imperial bank of commerce earnings: 2/26 05:53 am
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Source: Toronto Globe and Mail
2020 is not 2009, and Canadians should invest accordingly People walk past a closed restaurant in a quiet downtown, amid concerns about the spread of the coronavirus, in Vancouver, on March 17, 2020. DARRYL DYCK/The Canadian Press People walk past a closed restaurant in a quiet downtown, amid concerns about the spread of the coronavirus, in Vancouver, on March 17, 2020. 2020 is not 2009, warns CIBC World Markets, and investors should not expect a lucrative, V-shaped recovery when the pandemic ends. In a short but compelling research report published Tuesday, CIBC interest rate strategist Ian Pollick cautioned clients that the Canadian economy – and the domestic consumer in particular – is in a much weaker position now relative to 2009 and this will limit any postvirus rebound. Mr. Pollick noted that the economic damage from the current health crisis is far more severe than what the financial crisis precipitated in 2008-09. During that period, the manufacturing sector lost 300,000 j
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News
- Canadian Imperial Bank of Commerce (NYSE: CM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Canadian Imperial Bank of Commerce (NYSE: CM) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $97.00 price target on the stock, up previously from $74.00.MarketBeat
- CIBC and The Cognizant Classic in The Palm Beaches announce multi-year partnershipPR Newswire
- CIBC and Chicago Blackhawks renew partnership: A 15-year relationship strengthenedPR Newswire
- Canadian Imperial Bank of Commerce (NYSE: CM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
CM
Earnings
- 12/5/24 - Beat
CM
Sec Filings
- 11/5/24 - Form 424B2
- 11/5/24 - Form 424B2
- 11/5/24 - Form 6-K
- CM's page on the SEC website