Stocks in Play

Canadian Imperial Bank Of Commerce

12:26 PM EST - Canadian Imperial Bank Of Commerce : made a record fourth-quarter profit of $819 million, capping annual net earnings of $2.6 billion that were also a new high for the major bank. For the three months ended Oct. 31, CIBC reported diluted earnings per share of $2.32, compared with a year-earlier $2.06. Analysts polled by Thomson Financial had looked on average for earnings of $1.66. For the full year, CIBC said its earnings amounted to $7.43 per diluted share, compared with a net loss of $32 million, 46 cents per diluted share for 2005. Canadian Imperial Bank Of Commerce shares T.CM are trading up $2.10 at $94.35.