11:02 AM EST - Canadian Imperial Bank of Commerce : has reported a second-quarter net loss of $1.11 billion, down from year-ago net income of $807 million. The quarter included a loss of $2.48 billion on writedowns of structured credit. The overall net loss amounted to $3.00 per share, compared with year-ago earnings of $2.27 per share. Canadian Imperial Bank of Commerce
shares T.CM are trading down 90 cents at $69.95.