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CIBC

09:45 AM EST - CIBC : announced net income of $500 million for the fourth quarter ended October 31, 2010, down from $644 million for the fourth quarter of 2009. Diluted earnings per share (EPS) of $1.17 and cash diluted EPS of $1.19 for the fourth quarter of 2010 compared with diluted EPS of $1.56 and cash diluted EPS of $1.59, respectively, for the same period last year. CIBC shares T.CM are trading down $0.86 at $80.19.