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Deal news and bank gains send stock market solidly higher

2015-11-19 00:10:46| Food - Topix.net

U.S. stocks notched their best day in nearly four weeks on Wednesday as investors welcomed new hints pointing to a Federal Reserve interest rate hike in coming weeks. Traders were also encouraged by more corporate deal news.

Tags: news send market stock

 

Canadian Imperial Bank Of Commerce: Strong Enough To Continue 2014's Record Performance?

2015-11-18 22:32:25| Grocery - Topix.net

Canadian Imperial Bank of Commerce earned record revenue of $13.4 billion CAD in 2014. We'll see if it is on track to beat that figure for 2015.

Tags: continue performance record strong

 
 

Lendingtree Coverage Initiated at Bank of America

2015-11-18 18:17:20| Grocery - Topix.net

The firm set a "neutral" rating on the stock. Shares of Lendingtree opened at 118.26 on Wednesday.

Tags: america bank coverage initiated

 

High bank returns support credit ratings, says CBA's Craig

2015-11-18 08:28:32| Automakers - Topix.net

CBA's David Craig says high ROE banks reduce the potential for banks to require government support in a crisis. The chief financial officer of Australia's largest bank says strong returns on equity are important to maintain the high credit ratings from international agencies that keep bank funding costs, and hence interest rates, relatively low.

Tags: high support credit returns

 

Beer, Credit Card Debt And Other Positives For Bank Of America

2015-11-17 21:33:47| Beverages - Topix.net

The past week or so has been a very exciting one for the world's ninth largest bank. On November 9 we learned that consumer credit grew by an unprecedented amount in September.

Tags: of card credit america

 

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