Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (14557)	4/3/2020 2:37:46 PM
From: Goose94	Read Replies (2) \| Respond to of 202711

Canadian Imperial Bank of Commerce (CM-T) reduced credit card rates for Canadians experiencing financial hardship due to COVID19 Apr 3rd 2020 - NR CIBC today announced that it is offering reduced interest rates on personal credit cards for Canadians experiencing financial hardship due to the COVID-19 pandemic. CIBC credit card clients who request to skip a payment and are experiencing financial difficulties will receive a temporary lower annual rate of 10.99% as they deal with the impact of COVID-19. For the 80,000 Canadians that have already received CIBC credit card relief, the temporary lower rate will be retroactively applied to March 15, 2020. Clients seeking a credit card payment deferral are encouraged to complete our online financial assistance form. Clients in financial hardship can also contact their CIBC Advisor or call 1-877-454-9030 to discuss options to improve their cash flow over the short term by reviewing their payment obligations. "We know Canadians need help now to manage day to day expenses," says Laura Dottori-Attanasio, Senior Executive Vice-President, Personal and Business Banking, CIBC. "By lowering rates, we want to help reduce stress that Canadians are feeling as a result of COVID19 and provide them with additional flexibility for every day purchases." CIBC Pace It™ offers no fee and low interest rates on credit card purchases As an additional relief measure for clients during the COVID-19 pandemic, CIBC is also announcing that as of April 6, credit card purchases of $100 or more are now eligible for installment plans with lower annual interest rates using CIBC Pace ItTM. CIBC will also be rebating the one time installment fee of 1.5% of the purchase amount which is typically applied with this feature until June 30, 2020. "CIBC Pace It allows all of our clients the option of lowering their credit card costs by moving purchases to installments at lower rates," says Dottori-Attanasio. "This option will help all Canadians looking to free up cash flow as they manage through these uncertain times." Available on most personal CIBC credit cards, CIBC Pace It offers clients the flexibility of choosing different payment terms simply by converting the minimum purchase amount to an installment plan online or in app. How CIBC Pace It works: Clients will see an "Eligible for Installments" indicator on purchases that can be converted into an installment plan when they sign into CIBC Online or Mobile Banking®. A choice of different payment terms ranging from six to 24 months are available at rates from 5.99% to 7.99% per annum. Installment plans can be cancelled at any time. Multiple installment plans can be set up and managed through online or mobile banking (limit of one per day).To find out more visit: www.cibc.com/PaceIt About CIBC CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets businesses, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/en/about-cibc/media-centre.html.

To: Goose94 who wrote (14557)	6/1/2021 9:14:59 AM
From: Goose94	Read Replies (2) \| Respond to of 202711

Bank of Nova Scotia (BNS-T) Posts Profit Beat Bank of Nova Scotia made it a clean sweep for the Big Six today with yet another profit beat fueled by a sharp drop in credit-loss provisions and gains from its core banking operations. But it’s not an entirely one-size-fits-all story: unlike its rivals, Scotia’s capital markets division struggled in the latest quarter, as profit in that unit fell year-over-year and sequentially. Paul Bagnell is digging into all the details. BNN.ca

To: Goose94 who wrote (14557)	8/5/2021 2:00:06 PM
From: Goose94	Read Replies (1) \| Respond to of 202711

Manulife Financial (MFC-T) top pick from Stan Wong on BNN.ca Market Call Thirsty Thursday Aug 5th @ 1200ET With Cdn$1.3 trillion in assets under management and administration and a market capitalization of almost Cdn$47 billion, Manulife is one of the world’s largest life insurance companies. Manulife offers annuity, pension, life insurance, health insurance and asset management products operating in North America and Asia. With Asia representing over 35 per cent of Manulife’s overall revenue, the Company stands to benefit long-term from the region’s growing middle class and its demand for life insurance, health insurance and wealth management. As well, an aging global population is a catalyst for greater demand for MFC’s wealth management offerings. Near-term, rising interest rates should help life insurers such as Manulife. MFC currently trades at about 1.0x price-to-book, a relative discount to its peer group. The shares pay an attractive 4.6 per cent dividend yield which is expected to reasonably grow over the next few years.

To: Goose94 who wrote (14557)	10/18/2022 2:14:37 PM
From: Goose94	Read Replies (1) \| Respond to of 202711

Fortis (FTS-T) top pick from Christine Poole on BNN.ca Market Call Tuesday October 18th @ 1200ET Fortis is a North American electric and gas utility company, generating its cash flow primarily from regulated assets with over half its revenues from the U.S. Fortis is a stable cash flow generator, posting 49 consecutive years of annual dividend increases. Supported by a backlog of low-risk, regulated projects and cleaner energy initiatives, Fortis has affirmed an average annual dividend growth of six per cent through 2025. Fortis offers a yield of 4.5 per cent.