Making Moves: The Dow Chemical Company (NYSE:DOW), Mercer International (NASDAQ:MERC), Scorpio Bulkers (NYSE:SALT)

Canadian Imperial Bank of Commerce (NYSE:CM) shares fell -0.14% in last trading session and ended the day at $65.65. CM has a return on assets of 0.80%. Canadian Imperial Bank of Commerce (NYSE:CM) quarterly performance is -11.23%.

Canadian Imperial Bank of Commerce (NYSE:CM) declared a dividend. Stockholders of record on Tuesday, December 29th will be paid a dividend of 0.861 per share on Thursday, January 28th. The ex-dividend date is Thursday, December 24th.

China Distance Education Holdings Limited (NYSE:DL) shares moved up 2.22% in last trading session and ended the day at $13.81. DL Gross Margin is 59.10% and its has a return on assets of 14.10%. China Distance Education Holdings Limited (NYSE:DL) quarterly performance is 6.81%.

China Distance Education Holdings Limited (NYSE:DL) will begin trading ex-dividend on January 04, 2016. A cash dividend payment of $0.9 per share Shareholders who purchased DL prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 12.5% increase over the prior year.

The Dow Chemical Company (NYSE:DOW) caters to the Basic Materials space. It has a net profit margin of 8.70% and weekly performance is -4.29%. On the last day of trading company shares ended up at $49.55. The Dow Chemical Company (NYSE:DOW) distance from 50-day simple moving average (SMA50) is -3.67%.

On 31 December, The Dow Chemical Company (NYSE:DOW) and DuPont announced earlier this month that they would join to create a giant chemical producer that will eventually be split into three independent companies.

Mercer International Inc. (NASDAQ:MERC) shares fell -4.48% in last trading session and ended the day at $8.75. MERC Gross Margin is 20.70% and its has a return on assets of 4.50%. Mercer International Inc. (NASDAQ:MERC) quarterly performance is -15.78%.

Mercer International Inc. (NASDAQ:MERC) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday, Analyst Ratings Network.com reports.

Scorpio Bulkers Inc. (NYSE:SALT) caters to the Services space. Its weekly performance is -27.67%. On the last day of trading company shares ended up at $6.51. Scorpio Bulkers Inc. (NYSE:SALT) distance from 50-day simple moving average (SMA50) is -44.40%.

Scorpio Bulkers Inc. (NYSE:SALT) announced that its board of directors (the “Board”) has determined to effect a one-for-twelve reverse stock split of the Company’s common shares, par value $0.01 per share, and a reduction in the total number of authorized common shares to 56,250,000 shares.