Outstanding Leaders in today's market: Canadian Imperial Bank of Commerce (NYSE:CM)

Wellington Management Group LLP boosted its stake in Bank of Commerce Holdings (CA) (NASDAQ:BOCH) by 222.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Two analysts have provided estimates for Canadian Imperial Bank of Commerce's earnings, with estimates ranging from $1.86 to $1.96. Canadian Imperial Bank of Commerce has an average rating of "Hold" and an average price target of $101.63. Equities analysts expect Canadian Imperial Bank of Commerce to earn $8.60 per share next year, which means the company should continue to be able to cover its $3.82 annual dividend with an expected future payout ratio of 44.4%. As of the last earnings report the EPS was $9.23 and is estimated to be $8.32 for the current year with 401,607,000 shares now outstanding.

BOCH has been the topic of a number of research reports. ValuEngine raised shares of Bank of Commerce Holdings (CA) from a "hold" rating to a "buy" rating in a report on Friday, June 2nd. Finally, National Bank Financial reaffirmed an "outperform overweight" rating on shares of Canadian Imperial Bank of Commerce in a report on Thursday, May 18th. Canadian Imperial Bank of Commerce now has an average rating of "Hold" and a consensus price target of $101.63. Fox Run Management L.L.C. acquired a new position in Canadian Imperial Bank of Commerce during the second quarter valued at $625,000. The firm owned 6,829 shares of the bank's stock after buying an additional 977 shares during the period. Howe & Rusling Inc. boosted its position in Canadian Imperial Bank of Commerce by 5.1% in the first quarter. As of the end of the quarter Nexus Investment Management Inc. had acquired 109 shares growing its stake by 0.3%. The Menora Mivtachim Holdings Ltd holds 1.13 million shares with $40.81M value, up from 55,753 last quarter. Renaissance Technologies LLC now owns 68,800 shares of the financial services provider's stock valued at $654,000 after buying an additional 18,200 shares in the last quarter. Koch Industries Inc. purchased a new stake in Canadian Imperial Bank of Commerce during the first quarter valued at $207,000. Institutional investors own 32.19% of the company's stock.

Sonia phoned Nitish after oppn picks Gopal Gandhi as Vice President candidate
This was seen as an attempt by the chief minister to maintain a distance with the RJD minister. BJP leader Nitin Naveen, however, has said that there is no question of supporting Tejashwi.

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Canadian Imperial Bank of Commerce (NYSE CM) traded up 0.74% during trading on Tuesday, reaching $85.47. Moreover, Concannon Wealth Management Llc has 2.14% invested in the company for 58,726 shares. Canadian Imperial Bank Of Commerce now has $37.87B valuation. The company has market cap of $25.61 billion.

Philippine ex-president objects to 2015 operation facts
Suspended public officials are barred from performing any public function, Morales said. Aquino can "defend his actions before, during and after the tragic Mamasapano event".

Bank of Commerce Holdings (CA) has a 50 day moving average of 11.13 and a 200 day moving average of 10.49. Investors of record on Wednesday, June 28th will be paid a $0.9406 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Friday, June 30th.

Canadian Imperial Bank of Comme now has a P/E ratio of 9.14 and market cap is 33.86B.

Valtteri Bottas Hit With Five-Grid-Spot Penalty for British Grand Prix
If he does, it will also hand Ferrari their first Silverstone win since Fernando Alonso triumphed for the Italian squad in 2011. Sergio Perez finished behind in the other Force India , though the local team often sees an upturn in performance on Saturdays.

The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company's principal business is to serve as a holding company for Redding Bank of Commerce (Bank), which operates under two separate names (Redding Bank of Commerce and Sacramento Bank of Commerce).

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