Canadian Imperial Bank of Commerce Q4 Profit Rises

Canadian Imperial Bank of Commerce (CM.TO) announced earnings for its fourth quarter that increased from last year

The company’s bottom line totaled C$1.44 billion, or C$3.07 per share. This compares with C$1.02 billion, or C$2.20 per share, in last year’s fourth quarter.

Excluding items, Canadian Imperial Bank of Commerce reported adjusted earnings of C$1.57 billion or C$3.37 per share for the period.

The company’s revenue for the quarter rose 10.0% to C$5.06 billion from C$4.60 billion last year.

Canadian Imperial Bank of Commerce earnings at a glance:

-Earnings (Q4): C$1.44 Bln. vs. C$1.02 Bln. last year.
-EPS (Q4): C$3.07 vs. C$2.20 last year.
-Revenue (Q4): C$5.06 Bln vs. C$4.60 Bln last year.

What is the 'Virgin error V53' code?

VIRGIN Media customers may be experiencing problems with their TV services and getting a V53 error message.

The company said in a Twitter message they are aware of the problem and "working hard to resolve" the issue.

What is Virgin error v53 code?

Virgin Media is currently (December 2) experiencing issues with thousands of customers complaining of no TV services.

Issues began just before 11am today and are currently frustrating customers to no end.

As many as 8,360 customers have reported problems this morning on Downdetector.

Issues started at around 10.30am and quickly rocketed in their thousands as users complained of being locked out of Virgin Media's services.

Virgin Media has approximately 3.2million internet, call, TV or mobile customers in the UK.

Why is Virgin media down?

Virgin Media is yet to give an explanation on what has caused the problem.

In a Twitter message though the company said: "We’re aware of an issue currently affecting TV services and are working hard to resolve this as quickly as possible."

Virgin Media has a dedicated web page where you can find out if there are any problems in your area.

You can visit the My Virgin service update website to check for yourself.

To find out if there are problems in your area, enter your postcode.

Pre-market Movers: TANH, GRAB, DWAC, VIR, SNOW…

The following are some of the stocks making big moves in Thursday’s pre-market trading (as of 07.30 A.M. ET).

In the Green

Grab Holdings Limited Class A Ordinary Shares (GRAB) is up over 42% at $15.65
Digital World Acquisition Corp. (DWAC) is up over 20% at $53.58
Vir Biotechnology, Inc. (VIR) is up over 19% at $56.01
Phunware, Inc. (PHUN) is up over 19% at $3.87
Snowflake Inc. (SNOW) is up over 15% at $358.00
4D pharma plc (LBPS) is up over 15% at $6.98
Arbutus Biopharma Corporation (ABUS) is up over 15% at $5.32
Remark Holdings, Inc. (MARK) is up over 15% at $1.38
RLX Technology Inc. (RLX) is up over 11% at $4.60
Outlook Therapeutics, Inc. (OTLK) is up over 9% at $1.41
Abeona Therapeutics Inc. (ABEO) is up over 8% at $0.65
Express, Inc. (EXPR) is up over 7% at $3.65
T2 Biosystems, Inc. (TTOO) is up over 7% at $0.64
trivago N.V. (TRVG) is up over 6% at $2.20

In the Red

Tantech Holdings Ltd (TANH) is down over 47% at $0.79
180 Life Sciences Corp. (ATNF) is down over 15% at $4.25
MDJM Ltd (MDJH) is down over 15% at $2.55
OceanPal Inc. (OP) is down over 14% at $5.60
NLS Pharmaceutics AG (NLSP) is down over 10% at $1.80
Cumberland Pharmaceuticals Inc. (CPIX) is down over 8% at $3.77
Skylight Health Group Inc. (SLHG) is down over 8% at $1.55
Palatin Technologies, Inc. (PTN) is down over 5% at $0.54
Clarus Therapeutics Holdings, Inc. (CRXT) is down over 4% at $4.75

U.S. weekly jobless claims total 222,000 vs. 240,000 estimate

Initial claims for unemployment insurance rose last week but held at levels consistent with how the job market looked before the Covid-19 pandemic devastatedthe U.S. jobs picture, the Labor Department reported Thursday.

First-time filings for the week ended Nov. 27 totaled 222,000, less than the 240,000 Wall Street expected. That was higher than the 194,000 from the previous week, but that total, the lowest since 1969, was revised even lower from the initial 1999,000 reported.

The totals are the product of heavy seasonal adjustments, though the unadjusted number was actually lower, at 211,896.

This is breaking news. Please check back here for updates.

Livia Global Recalls Liviaone Liquid Probiotics

Livia Global, Inc., a health and wellness company, is recalling two lots of its Liviaone liquid probiotics citing the possibility of contamination by Pseudomonas aeruginosa, the U.S. Food and Drug Administration said.

Pseudomonas aeruginosa is a microorganism found in the environment that, if ingested, can cause life-threatening infection in immunocompromised individuals. P. aeruginosa infections are generally limited to hospital settings.

The recall affects various products with the Lot# 001005-1 Best by: 04/2023 & LiviaOne Nasal Probiotics with Lot# 010620-1 Best by 08/2023.

LiviaOne Daily Probiotics 2oz and 4oz, LiviaOne Topical Spray Probiotics 4oz, LiviaOne Nasal Probiotics 1oz, BioLifePet Probiotics for Cats and BioLifePet Probiotics for Dogs have been called back.

These products were distributed nationwide through Amazon, wholesale, and direct sales from the company’s website.

The recall was initiated after the company discovered the potential issue during routine 3rd party laboratory testing, which is part of Livia Global’s quality assurance procedures and safety protocols.

However, the company has not received a direct complaint from using their products.

Impacted consumers are urged to contact Livia Global Customer Care to request a full refund.