Coles Myer Newswire (Page 5)

Comprehensive Real-Time News Feed for Coles Myer. (Page 5)

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  1. CIBC's commission cut raises ETF market temperatureRead the original story w/Photo

    Feb 12, 2015 | The Globe and Mail

    Here's a strong comment on the level of competition among bank-owned discount brokerages, and the rising importance of exchange-traded funds among investors: Canadian Imperial Bank of Commerce is waiving commissions on ETFs bought and sold online through its CIBC Investor's Edge brokerage.

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  2. Waiting On CIBC To Deliver On Wealth ManagementRead the original story w/Photo

    Feb 12, 2015 | Seeking Alpha

    Toronto-based Canadian Imperial Bank of Commerce , best known as CIBC, is Canada's fifth-largest chartered bank by deposits. CIBC's primary business is driven by its strong Canadian retail segment, but the company had previously shifted gears towards expanding its wealth management business.

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  3. CIBC gives Canadians a winter break on ETF trading commissionsRead the original story

    Feb 12, 2015 | Sys-Con Media

    For all other online equity trades, CIBC Investor's Edge clients will continue to pay the low flat-rate commission of only , Managing Director and Head, CIBC Investor's Edge. "Many investors review and re-balance their investments during RRSP season, and this winter break from ETF trading commissions will help keep their trading costs low."

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  4. U.S. Investors Bet Against Canadian Bank Stocks on Oil, EconomyRead the original story

    Feb 10, 2015 | The Washington Post

    U.S. investors increased bets against Canadian lenders including Royal Bank of Canada and Canadian Imperial Bank of Commerce amid declining oil prices and falling bond yields. "Short interest in the big six Canadian banks has risen over the past two months, but the increase originated predominantly in the United States," Peter Routledge, a National Bank Financial analyst, said Tuesday in a note to clients.

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  5. Shareholder class-action docket keeps growingRead the original story w/Photo

    Feb 10, 2015 | The Globe and Mail

    Canada continues to see a rising number of class-action lawsuits filed against companies by angry shareholders, with a total of 60 cases - representing $35-billion in claims - now working their way through the courts. Eleven new cases were filed in 2014, which is consistent with the average number of new filings over the past five years.

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  6. New debt gives high-flying Winnipeg deal maker more fuel to growRead the original story w/Photo

    Feb 10, 2015 | The Globe and Mail

    The award winning Manitoba Hydro building is on Portage Avenue in Winnipeg and brings an additional 2000 people downtown. Even the automatically opening windows are integral to the health and heating or cooling of the building.

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  7. It's Time To Start Nibbling The Canadian BanksRead the original story w/Photo

    Feb 9, 2015 | Seeking Alpha

    The Canadian banks are trading at a discount to historical standards, providing long term investors with reliable income over the past two centuries. The banks are taking a bigger profit from the spread between overnight interest rates and prime rate after the recent Bank of Canada rate cut.

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  8. Business powerhouse Jalynn Bennett balanced grace and gritRead the original story w/Photo

    Feb 9, 2015 | The Globe and Mail

    Jalynn Bennett, shown here in 2002, described life as a corporate director as decidedly unglamorous, complete with hours of reading, long meetings and 'occasional moments of random terror.' Jalynn Bennett, shown here in 2002, described life as a corporate director as decidedly unglamorous, complete with hours of reading, long meetings and 'occasional moments of random terror.'

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  9. Exchange Income Corporation Enters Into A New $450 Million Long-Term Debt FacilityRead the original story

    Feb 9, 2015 | Canada NewsWire

    The facility has been increased in size from and has a four year term. In addition to the increase in the size of the facility, the banking syndicate has been expanded to include two new banks.

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  10. Euro, S&P Have Taken on a Negative Correlation: WooRead the original story w/Photo

    Feb 9, 2015 | Bloomberg

    Feb. 9 -- David Woo of Bank of America Merrill Lynch discusses the correlation of the euro and the S&P 500 and examines the state of the Russian ruble. He speaks on "Bloomberg Surveillance."

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  11. Phoenix celebrates centuryRead the original story w/Photo

    Feb 8, 2015 | Lake Cowichan Gazette

    The historic CIBC building on 30th Avenue, home to The Phoenix Steakhouse and Bar, celebrated its 100-year anniversary last month. It was originally built for the Canadian Imperial Bank of Commerce in 1914.

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  12. Canadian Banks Facing New Challenges: Making New Bid to Expand into US MarketRead the original story w/Photo

    Feb 7, 2015 | International Business Times

    Canadian banks have long enjoyed reputation for stability even in the midst of global financial crisis that badly affected many U.S. and European banks. But they are facing some new challenges, which are similar to their peers in the U.S. and Europe.

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  13. Recent Cases Are Likely to Reduce the Use of New York Courts for 'Turnover' Actions'Read the original story w/Photo

    Feb 6, 2015 | JD Supra

    New York's position as a global financial center means litigants often have sought to use New York courts as a forum to enforce judgments or arbitration awards against foreign entities. In reality, the burden of enforcement proceedings often falls on third parties, such as financial institutions that hold the judgment debtor's assets.

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  14. Saskatchewan sheds 8K jobs in JanuaryRead the original story w/Photo

    Feb 6, 2015 | GlobalNews

    Saskatchewan's economy shed 11,500 full-time jobs in January 2015. Statistics Canada that number was offset by the creation of 3,100 part-time jobs.

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  15. Canada sees surprise bounce in jobs, unemployment ticks down to 6.6%Read the original story w/Photo

    Feb 6, 2015 | GlobalNews

    The economy showed surprising strength on the surface in January, cranking out a much better than expected 35,000 new jobs, according to Statistics Canada. The reading easily exceeded expectations that about 6,000 jobs would be generated in the month, while the federal statistics agency said Friday the rise helped lower the unemployment rate by a tenth of a percentage point, to 6.6 per cent.

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  16. Canada Stocks-TSX set to open higher on economic dataRead the original story

    Feb 6, 2015 | Reuters

    Futures pointed to a higher opening for Canada's main stock index on Friday after better-than-expected employment and construction data. Canada's economy added a higher-than-expected 35,400 jobs in January, with the bulk of the hiring in part-time positions and among women aged 55 and over, according to Statistics Canada data released on Friday.

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  17. PE to bid for Russell, againRead the original story w/Photo

    Feb 6, 2015 | PE Hub

    The London Stock Exchange Group said Thursday it concluded its review of Russell Investments, the asset management arm of Frank Russell Co.. The LSE said it received "a number of expressions of interest" for Russell.

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  18. UPDATE 1-Market Chatter-Corporate finance press digestRead the original story

    Feb 5, 2015 | Reuters

    * Temasek Holdings, a Singaporean state fund, is one among a number of potential acquirers plotting a takeover bid for Misys, one of the UK's biggest software companies, Sky News reported, citing sources. * Pacific Investment Management Co managing directors Brian Baker and Suhail Dada are retiring and a third has left as the investment firm recovers from the most tumultuous year in its history, Bloomberg reported, citing a person familiar with the matter.

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  19. Buyers Line Up for LSE's Frank Russell Fund-Management BusinessRead the original story

    Feb 5, 2015 | The Washington Post

    London Stock Exchange Group Plc has received several approaches to buy the asset-management arm of Frank Russell Co., according to the exchange operator. LSE said in a statement that it would put the business up for sale.

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  20. Canada's RBC, CIBC looked at buying Boston Private Bank: WSJRead the original story w/Photo

    Feb 5, 2015 | Reuters

    Royal Bank of Canada and Canadian Imperial Bank of Commerce , two of Canada's biggest banks, looked at buying U.S. lender Boston Private Bank & Trust Co, the Wall Street Journal reported, citing people familiar with the matter. RBC was in talks last month to buy Boston Private, before it reached a deal to acquire another U.S.-based lender, the Journal said, citing two people.

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