CIBC beats estimates, raises dividends
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Canadian banking profit grows 28%
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Published May 25, 2023 • Last updated May 26, 2023 • 2 minute read
CIBC beat expectations in the second quarter and raised its dividend. Photo by National Post
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Canadian Imperial Bank of Commerce beat expectations in the second quarter and raised its dividend, despite putting aside more funds for potential credit losses.
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A blueprint to select visuals that boost SEO in a TikTok-centric world
30-second summary:
Creating an emotional connection through visuals is crucial to connect with consumers
The ever-changing landscape of consumer visual processing requires marketers to thoughtfully select visuals that align with their content, boost SEO performance and drive higher conversions
When visual content can increase search visibility, more than 43% of marketers struggle to constantly produce it for SEO
Matthew O’Such, Vice President of Digital Marketing & SEO at Getty Images and iStock helps brands navigate visual processing through compelling imagery and video to boost ROI
The advent of TikTok and its meteoric rise in popularity throughout the pandemic has changed…
Riots in France have already cost businesses more than $1 billion
Just weeks after hugely disruptive protests and strikes over pension reforms in France finally died down, businesses in the country are grappling with the fallout from a week of rioting.
The riots, which were sparked by the fatal shooting of a teenager by a police officer last Tuesday, have already caused more than €1 billion ($1.1 billion) worth of damage, according to a French business association, MEDEF.
Protesters have attacked nearly 400 bank branches and 500 corner shops, French Finance Minister Bruno Le Maire told CNN affiliate BFMTV Wednesday. Speaking to CNN’s Isa Soares Tuesday, Le Maire put the total…
Apple became the first company to have a market cap topping $3 trillion
Apple’s market cap topped $3 trillion on Friday, as shares rose about 1% to a new high and passed the $190.73 price required to hit the milestone, according to CNBC’s most recent share count.
Apple was the first company to hit a $3 trillion market cap during intraday trading in January 2022, but it failed to close at that level. It has another shot to do that on Friday.
It shows investors remain bullish on the stock and Apple’s portfolio of products and services, despite the company’s warning in May that its current quarter revenue is expected to fall about…
BCE to hold awards reception for 2023 Ropp Triplett Business Plan Competition
The Bluffton Center for Entrepreneurs (BCE) has announced a June 27 awards reception for the 2023 Ropp Triplett Business Plan Competition. This event will take place at 6:30 pm on the third floor of the Bluffton Town Hall. The program will begin at 7:00 pm
BCE Director Jim Enneking explained, “The awards reception allows us to recognize the participants who completed the Small Business Information Series, presented by the Small Business Development Center at Rhodes State College. The series served to equip entrepreneurs with the necessary tools and knowledge to successfully complete a business plan for their business.”
“We will…
US small business sentiment edges up in May, NFIB says
WASHINGTON (Reuters) – US small business confidence rebounded in May, but worries about the economy’s outlook and inflation remained, according to a survey released on Tuesday that also showed businesses still eager to hire more workers.
The National Federation of Independent Business (NFIB) said its Small Business Optimism Index rose 0.4 point to 89.4 last month. It was the 17th straight month that the index stayed below the 49-year average of 98.
The share of owners expecting better business conditions over the next six months slipped one point to a net negative 50%. A net negative 21% expected higher inflation-adjusted…
Canadians seeking financial advice from banks left unsatisfied
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Roughly two-thirds of retail bank customers ‘financially unhealthy,’ the study finds
Published June 30, 2023 • 4 minute read
Pedestrians walk near a Royal Bank of Canada building in the financial district of Toronto. Photo by Brent Lewin/Bloomberg files
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As high inflation, rising interest rates and market volatility take a toll on their finances, Canadians are seeking advice from their financial institutions, but some banks are not delivering this effectively, according to a new study.
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Business School Alumnus Named Distinguished Marketing Practitioner
Ken Cyree (from left), dean of the Ole Miss School of Business Administration, congratulates Lyt Harris, recipient of the Academy of Marketing Science Distinguished Marketing Practitioner for 2023, along with Barry Babin, executive director of AMS and chair of the UM Department of Marketing, and Jared Llorens, dean of the EJ Ourso College of Business at Louisiana State University. Photo courtesy Red Window Communications
OXFORD, Miss. – The Academy of Marketing Science has named Lyttleton T. “Lyt” Harris, managing partner of the Harris Investment Partnership and a University of Mississippi School of Business Administration alumnus, as the AMS Distinguished Marketing…
