CIBC to reveal plans to shuffle executives, cut 2,000 jobs when it reports earnings next week: report [Financial Post (Toronto, Ontario, Canada)]
Canadian Imperial Bank of Commerce (CM)
Last canadian imperial bank of commerce earnings: 2/26 05:53 am
Check Earnings Report
US:NYSE Investor Relations:
cibc.com/en/about-cibc/investor-relations.html
Company Research
Source: Financial Post
CIBC to reveal plans to shuffle executives, cut 2,000 jobs when it reports earnings next week: report Controlling costs is particularly vital for CIBC, where expenses are expected to grow at double the pace of its rivals Canadian Imperial Bank of Commerce is expected to make changes to its senior executive ranks and announce about 2,000 job cuts when it reports first-quarter earnings next week, the Globe and Mail reported on Friday. CIBC plans to move Christina Kramer, the head of personal and small-business banking, to a new role as head of technology and operations, while current chief risk officer Laura Dottori-Attanasio will take Kramer’s place at the helm of the retail banking division, the newspaper reported, citing sources familiar with the matter. Victor Dodig, chief executive officer of Canada’s fifth-largest bank, told staff late last month that CIBC needs to challenge itself to be “a more efficient bank by focusing on continuous improvement and keeping a careful eye on cost
Show less
Read more
Impact Snapshot
Event Time:
CM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CM alerts
High impacting Canadian Imperial Bank of Commerce news events
Weekly update
A roundup of the hottest topics
CM
News
- Trudeau's Ex-Finance Minister Criticizes Capital Gains Tax Hike [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Trudeau's Ex-Finance Minister Criticizes Capital Gains Tax Hike [BNN Bloomberg (Canada)]BNN Bloomberg
- Trudeau's Ex-Finance Minister Criticizes Capital Gains Tax Hike [Yahoo! Finance]Yahoo! Finance
- CIBC named one of Canada's Greenest Employers for third consecutive year [Yahoo! Finance]Yahoo! Finance
- Canada Inflation Ticks Up to 2.9% on Higher Gas Prices [Financial Post (Toronto, Ontario, Canada)]Financial Post
CM
Earnings
- 2/29/24 - Beat
CM
Sec Filings
- 4/18/24 - Form 424B2
- 4/18/24 - Form 424B2
- 4/17/24 - Form 424B2
- CM's page on the SEC website