Friday, September 30, 2016

Goldcorp Inc. - G.t

Goldcorp Inc. - G.t is the world's lowest-cost, million-ounce gold producer. Operating assets include five mines in Canada and the U.S., three mines in Mexico, and two in Central and South America

Red Lake is Goldcorp’s top producer, yielding high grade gold at very low cash costs. The company produced 3.46 million ounces at AISC of $852 per ounce in 2015.

On September 7, 2016 the company released News

"GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its quarterly dividend for the three month period ended September 30, 2016 of $0.02 per share. Shareholders of record as of the close of business on Thursday, September 15, 2016 will be entitled to receive payment on Friday, September 23, 2016.

Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp Inc. are "eligible dividends" for this purpose.

Monday, September 26, 2016

Canadian Imperial Bank of Commerce - CM.t

Canadian Imperial Bank of Commerce - CM.t is one of Canada's chartered banks, fifth largest by deposits.

Operating as CIBC World Markets and CIBC Retail Markets, the bank has international operations in the United States, the Caribbean, Asia and the United Kingdom. Globally, CIBC serves more than eleven million clients, and has over 40,000 employees.
On June 29, 2016 the company reported News

"CIBC (TSX: CM) (NYSE: CM) today announced that it has entered into a definitive agreement to acquire PrivateBancorp, Inc. (NASDAQ: PVTB) and its subsidiary, The PrivateBank, a high-quality Chicago-based middle market commercial bank with US$17.7 billion in assets, complemented by private banking and wealth management capabilities.

The transaction will significantly expand CIBC's reach in North America, and enable PrivateBancorp to continue building on its record of growth and client service under the leadership of its current management team. The acquisition will create a platform for CIBC to deliver U.S. banking services to its existing Canadian personal and business banking clients, accept deposits in the U.S., and provide commercial and private banking services to the clients of Atlantic Trust, following receipt of required approvals. Atlantic Trust, a leading U.S. private wealth management firm serving high net worth families, private foundations and endowments, was acquired by CIBC in fiscal 2014. For PrivateBancorp, the transaction will bring added financial strength, the benefits of a larger banking enterprise and deeper wealth management expertise to its clients across the U.S.

Saturday, September 24, 2016

Lamborghini Centenario

The Lamborghini Centenario is an all-carbon fiber supercar with 760 hp, the ability to rocket to 60 mph in 2.8 seconds and a very minor asking price of $1.9 Million.

With a new four-wheel steering system, high-revving V-12 powering all four wheels and bespoke touchscreen interior the vehicle has a top speed in excess of 220 mph.
20 units in coupe form and 20 units in roadster form will be built, with all 40 units already spoken for prior to its debut.

The Centenario can hit the 186 mph benchmark in 23.5 seconds. The naturally aspirated V-12 engine has an engine speed limiter to the redline of 8,600 rpm.