Coles Myer Newswire

Coles Myer Newswire

Comprehensive Real-Time News Feed for Coles Myer.

Results 1 - 20 of 269 in Coles Myer

  1. Canada's finance minister says recession will be avoidedRead the original story w/Photo

    8 hrs ago | St. Petersburg Times

    The Canadian government begs to differ with a Bank of America economist's suggestion that the country is in recession and faces a plunging dollar. Finance Minister Joe Oliver said the economy will avoid a recession even as the gross domestic product has declined from January through April.

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  2. Tough slog ahead for CIBC's new Caribbean CEORead the original story w/Photo

    15 hrs ago | The Globe and Mail

    A sign outside the CIBC head office at King St. West and Bay St. in Toronto on April 17, 2014. Canadian Imperial Bank of Commerce's troubled Caribbean arm is finally turning the corner following an extensive restructuring, but the appointment of a new chief executive officer is sending mixed signals about the bank's plans for the unit.

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  3. Can banks learn to love FinTech?Read the original story

    22 hrs ago | ITWorld Canada

    How much of an uplift is Canada's financial technology industry getting, and should incumbent finance firms fight them, or join them? In late June, Victor Doty, the chief executive of Canadian Imperial Bank of Commerce, said that the bank was investing in modernizing its own technology to keep pace with rapid innovation outside of the big five banks. Incumbent financial institutions still face a challenge, though, according to Difference Capital , which invests in the financial technology sector in Canada.

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  4. Canada in recession, heading to 70A dollar: AnalystRead the original story w/Photo

    Yesterday | The Windsor Star

    The Bank of Canada marker is pictured in Ottawa on September 6, 2011. The Bank of Canada will release its latest monetary policy report this morning -- a document expected to explore the economic damage inflicted by falling oil prices. 1 comment

  5. RBC top adviser on Canadian equity issues in blowout first halfRead the original story

    Thursday | Reuters

    Royal Bank of Canada was the top adviser on Canadian equity issues in the first half of 2015 as acquisitions and the energy industry's need to strengthen balance sheets fueled record high deal flow, according to data from Thomson Reuters. The investment banking units of Bank of Montreal and Canadian Imperial Bank of Commerce rounded out the top three by value of deals, the figures showed.

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  6. 40 per cent of Canadians say summer is the most expensive season: CIBC PollRead the original story

    Wednesday Jun 17 | Canada NewsWire

    A recent poll by CIBC finds that 40 per cent of Canadians say they spend more money in the summer than during any other season. As well, nearly half of those polled say they will need to use their credit card or dip into savings in order to foot their summer fun bill.

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  7. FIFA scandal exacerbates Canadian banks' Caribbean troublesRead the original story

    Tuesday Jun 30 | WNFL-AM Green Bay

    An eyebrow-raising disclosure in the U.S. indictment of FIFA officials is that a representative of a Caribbean bank made it easy for one allegedly illegal transaction to be done by flying to New York to personally collect a check and then returned to deposit it in an account in the Bahamas. This unusual courier service, which reduced the electronic trail on a $250,000 payment to former FIFA official Chuck Blazer in May 2011, was provided by an unnamed officer of Barbados-based CIBC FirstCaribbean International Bank, the indictment shows.

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  8. Insight - FIFA scandal exacerbates Canadian banks' Caribbean troublesRead the original story w/Photo

    Tuesday Jun 30 | Channelnewsasia.com

    An eyebrow-raising disclosure in the U.S. indictment of FIFA officials is that a representative of a Caribbean bank made it easy for one allegedly illegal transaction to be done by flying to New York to personally collect a check and then returned to deposit it in an account in the Bahamas. File photo of Scotiabank Mexico CEO Zorrilla and CONCACAF President Webb during a joint presentation at the Stock Exchange in Mexico City TORONTO/NEW YORK: An eyebrow-raising disclosure in the U.S. indictment of FIFA officials is that a representative of a Caribbean bank made it easy for one allegedly illegal transaction to be done by flying to New York to personally collect a check and then returned to deposit it in an account in the Bahamas.

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  9. Detour Gold Amends $135 Million Senior Secured Credit FacilityRead the original story w/Photo

    Thursday Jun 25 | Market Wire

    Detour Gold Corporation is pleased to report that it has amended its $135 million senior secured credit facility . The Facility is now comprised of an $85 million revolving credit facility and a $50 million letter of credit facility .

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  10. Press Digest- Canada - June 24Read the original story

    Wednesday Jun 24 | Reuters

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

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  11. Are Canada's small-town bank branches doomed?Read the original story w/Photo

    Tuesday Jun 23 | GlobalNews

    Are bank branches doomed in the age mobile and self-service banking? That depends on what bank CEO you ask. According to recent comments from Brian Porter, who helms the Bank of Nova Scotia, at least some are destined to close as more and more customers turn to smartphones, tablets and computers to conduct their day-to-day financial affairs.

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  12. CIBC, major wireless carriers backing mobile payments Suretap appRead the original story w/Photo

    Tuesday Jun 23 | Lethbridge Herald

    The Canadian Imperial Bank of Commerce has joined Canada's major wireless carriers in backing the Suretap mobile payments app. Rogers , Bell , Telus , Koodo and Virgin are all offering the mobile wallet across a range of Android and BlackBerry phones.

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  13. ATB Financial and INTRIA Announce 7-Year AgreementRead the original story

    Tuesday Jun 23 | Canada NewsWire

    The agreement positions ATB to start moving towards the elimination of the exchange and transportation of paper documents, matching developments in the U.S. banking industry. "We're excited to be working closely with INTRIA to deliver experiences that make banking easier for our customers than it is today," says Over the past few years, INTRIA, a Canadian leader in integrated payment processing and currency management solutions, has invested in new technology to provide clients with cutting-edge offerings.

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  14. Canadian telcos launch mobile walletRead the original story w/Photo

    Tuesday Jun 23 | Finextra Research news

    The suretap app was first launched last year by Rogers but has been rebooted as a joint venture with Bell, Telus, Koodo and Virgin. The wallet is now available to customers of all the operators on more than 30 NFC-enabled Android and BlackBerry handsets.

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  15. Barbados bank probes Fifa scandal linksRead the original story w/Photo

    Monday Jun 22 | Iol.co.za

    CIBC FirstCaribbean International Bank has begun an internal review to find out whether or not the bank was used for illicit purposes in the FIFA bribery scandal, a spokeswoman said on Monday. An indictment announced by US prosecutors on May 27 said one illegal payment was facilitated by a representative of FirstCaribbean, which is controlled by Canadian Imperial Bank of Commerce.

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  16. FirstCaribbean bank begins internal review after FIFA bribes scandalRead the original story

    Monday Jun 22 | Reuters

    CIBC FirstCaribbean International Bank has begun an internal review to find out whether or not the bank was used for illicit purposes in the FIFA bribery scandal, a spokeswoman said on Monday. An indictment announced by U.S. prosecutors on May 27 said one illegal payment was facilitated by a representative of FirstCaribbean, which is controlled by Canadian Imperial Bank of Commerce.

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  17. Stingray Digital Group Inc. Announces Amendment to Credit FacilitiesRead the original story w/Photo

    Friday Jun 19 | Market Wire

    Stingray Digital Group Inc. announced today the signing of an amended and restated credit agreement with a maturity of June 11, 2019. This amendment includes, among other things, the merging of the outstanding balance of Stingray's term loan into its revolving credit facility and provides for the repayment of a bridge loan following the closing on June 3, 2015 of Stingray's initial public offering; and the increase of the amount of Stingray's revolving credit facility to $100 million.

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  18. Majority of Canadians say they are comfortable with their debt: CIBC PollRead the original story

    Friday Jun 19 | Sys-Con Media

    The poll also found that nearly a third of those with debt have gone deeper in debt in the past year, citing a mix of necessary and discretionary purchases, which included buying a new car, going on vacation, and repairing or renovating their homes. 41 per cent who say they are fairly comfortable but would prefer not to take on any more debt 23 per cent who say they are somewhat uncomfortable - they are making it work but any change to their current situation would present a problem; "It's clear that some Canadians feel they are on top of their debt while others are reaching their limit," says , Executive Vice-President, Retail and Business Banking, CIBC.

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  19. in Re: Gerald E. Loehr et al.Read the original story w/Photo

    Thursday Jun 18 | FindLaw

    IN RE: Gerald E. LOEHR et al., Appellants, v. ADMINISTRATIVE BOARD OF the COURTS OF the STATE of New York, Respondent.

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  20. FirstCaribbean CEO stepping downRead the original story w/Photo

    Tuesday Jun 16 | Trinidad Guardian

    Rik Parkhill is stepping down as CEO of FirstCaribbean International Bank Limited at the end of the year. His resignation was accepted at a meeting of the regional bank's board of directors on June 12. In a notice to the T&T Stock Exchange, the bank announced that senior Canadian Imperial Bank of Commerce executive Gary Brown will take up the appointment as the new CEO on January 1, 2016.

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