Rochester, NY 8/20/2009 7:02:53 PM
Canadian Imperial Bank of Commerce, CM - CA-BUSINESS outline
Canadian Imperial Bank of Commerce
Canadian Imperial Bank of Commerce has made an approach to take a minority risk in Allied Irish Banks state broadcaster reported on Friday, without cite any sources. A spokesman for said the bank did not comment on rumors or market speculation.
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TORONTO major stock index ended slightly higher on Friday as an end-of-session rally in financial shares outweighed weakness in commodity stocks, which were under pressure after a U.S. consumer confidence report raised doubts about economic recovery. Composite index closed up 22.45 points, or 0.2 percent, at 10,848.01, with seven of its 10 main groups higher. For the week, the index ended down 0.3 percent.
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