Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Steelguy who wrote (792)	12/3/1998 12:03:00 PM
From: trilobyte	Read Replies (2) of 62348

here are some #s for 3th quarter ... TORONTO, Sept. 3 /CNW/ - CIBC today reported that net income for the third quarter was (x)$245 million, or $0.52 per share, compared with $401 million for the same period last year. As outlined in a news release of August 6, earnings in the third quarter reflect lower revenues from capital market activity together with the timing of costs associated with investments in strategic initiatives. Acquisition and integration costs related to CIBC's expansion into the U.S. market, through New York-based Oppenheimer & Co., Inc., reduced net income by $69 million in the current quarter and by $135 million to date this year. Excluding these costs, net income was $314 million. Return on equity was 9.2 per cent for the three months ended July 31, and 13.8 per cent for the year to date.

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