Corporate Social Responsibility Streaming News
American’s Parker Pushes Back Against Bankruptcy Talk, Touts Airline’s Ability To Raise More Cash   
May 28, 2020
Source: Forbes - American Airlines’ embattled CEO Doug Parker told investors Wednesday that “We’re all going to be fine,” and that he does not expect any big U.S. airline to “go by the wayside” as a result of...
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Canadian Imperial Bank of Commerce Q2 adjusted earnings of C$0.94 per share   
May 28, 2020
Source: Nasdaq - Excluding items, Canadian Imperial Bank of Commerce reported adjusted earnings of C$0.44 billion or C$0.94 per share for the period. The company's revenue for the quarter rose 0.9% to C$4.58 billion from C$4.
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CIBC profit plunges on higher provisions as COVID-19 loan losses loom   
May 28, 2020
Source: Nasdaq - May 28 (Reuters) - CM.TO (CIBC) reported a 70% slump in quarterly profit on Thursday, as it set aside more money to cover potential loan-losses from the coronavirus pandemic. Net income attributable to equity holders fell to...
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Global stocks bounce as investors shrug off approval of China's new draconian law on Hong Kong, and look to 'galactic' coronavirus stimulus   
May 28, 2020
Source: Business Insider - Mike Pompeo, the US secretary of the state, said on Wednesday that the US no longer considers Hong Kong as autonomous from China.
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Consumer confidence stabilized in May despite COVID-19 conditions   
May 28, 2020
Source: ConsumerAffairs - The Conference Board’s monthly Consumer Confidence Index remains near record lows but stabilized in May, suggesting consumers are coming to terms with the
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Renault to take 3.6 billion euro hit from Nissan losses   
May 28, 2020
Source: YAHOO! - French carmaker Renault said on Thursday that losses at its Japanese partner Nissan , in which it has a 43% stake, would drag on its on net earnings by 3.6 billion euro ($3.96 billion) in the first quarter.
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BlackRock Is Playing Politics with Public Pensions   
May 28, 2020
Source: Barron's - With his shift to ESG, CEO Larry Fink is abandoning the principles that made BlackRock great, says former Connecticut State Treasurer Christopher Burnham.
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Hungarian central bank deputy governor Nagy unexpectedly resigns   
May 28, 2020
Source: Reuters on MSN.com - Hungarian central bank Deputy Governor Marton Nagy unexpectedly resigned on Thursday, raising questions about the future direction of the bank's monetary policy. Load Error The National Bank of Hungary (NBH) said Nagy,
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This Bargain Stock Has Surged 25% Today. I Own It And I Think You Should Too   
May 28, 2020
Source: Forbes - Cineworld is a dirt-cheap British stock I think you should buy today. I own the gigantic cinema operator and clung onto its shares even as its theatres were being mothballed across the world. Its huge debt pile was a worry in the...
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Are consumers confident enough to jump to restart the economy'   
May 28, 2020
Source: WHEC - Analysts say we're far more confident than they thought we'd be. The Conference Board expected the Consumer Confidence Index to be at 82.3. Instead, it rose to 86.6 following a precipitous two-month plunge.
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