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Oppenheimer Holdings Inc (OPY.N)

OPY.N on New York Stock Exchange

13.92USD
28 Sep 2016
Change (% chg)

$-0.10 (-0.71%)
Prev Close
$14.02
Open
$14.14
Day's High
$14.14
Day's Low
$13.81
Volume
9,192
Avg. Vol
11,476
52-wk High
$20.98
52-wk Low
$13.58

Latest Key Developments (Source: Significant Developments)

Oppenheimer Holdings says Q2 basic EPS of $0.39
Friday, 29 Jul 2016 08:00am EDT 

Oppenheimer Holdings Inc : Oppenheimer Holdings Inc reports second quarter 2016 earnings and announces quarterly dividend . Says qtrly basic earnings per share $0.39 . Volatility in debt and equity markets and low volumes significantly weighed on operating results for Q2 . Says advisory fees were $66.1 million for Q2 of 2016, a decrease of 8.5 pct compared with $72.2 million for Q2 of 2015 . Says investment banking revenue decreased 34.9 pct to $18.9 million for Q2 of 2016 compared with $29.0 million for Q2 of 2015 . Revenue from continuing operations for Q2 was $212.1 million versus. $228.0 million for Q2 of 2015 . Weak investor confidence and low levels of engagement continued to impact business conditions in Q2 of 2016 . S&P 500 increased 1.9 pct despite significant pullback in response to June 24 "Brexit" vote including rebound during final trading days of quarter . Commission revenue was $92.6 million for Q2 of 2016, a decrease of 10.6 pct compared with $103.6 million for Q2 of 2015 .Says AUM decreased 5.1 pct to $24.3 billion at June 30, 2016 compared to $25.6 billion at June 30, 2015.  Full Article

Oppenheimer Holdings Q2 earnings per share $0.39
Friday, 29 Jul 2016 08:00am EDT 

Oppenheimer Holdings Inc : Oppenheimer Holdings Inc. Reports second quarter 2016 earnings and announces quarterly dividend . Q2 revenue fell 7 percent to $212.1 million .Q2 earnings per share $0.39.  Full Article

Oppenheimer is fined by FINRA for selling unsuitable ETFs
Wednesday, 8 Jun 2016 09:00am EDT 

Oppenheimer Holdings Inc : Finra says Oppenheimer & co to pay nearly $3 million for unsuitable sales of non-traditional exchange-traded funds, other failures . Finra says it fines Oppenheimer Holdings Inc unit $2.25 million, orders restitution of more than $716,000 . Finra says Oppenheimer sold leveraged, inverse and inverse-leveraged etfs to retail customers without reasonable supervision . Finra says Oppenheimer recommended non-traditional etfs that were not suitable . Finra says the affected customers included an 89-year-old and a 91-year-old, among others . Finra says Oppenheimer neither admitted nor denied wrongdoing in agreeing to settle.  Full Article

Walker & Dunlop to buy $3.8 billion HUD servicing portfolio
Tuesday, 7 Jun 2016 06:30am EDT 

Walker & Dunlop Inc : Company will be using available capital to fund approximately $45 million purchase price . Acquired portfolio comprised of over 480 multifamily,healthcare loans insured by u.s. Department of housing, urban development . To purchase commercial mortgage servicing rights from oppenheimer multifamily housing & healthcare finance,unit of oppenheimer holdings .Walker & dunlop to acquire $3.8 billion hud servicing portfolio.  Full Article

Oppenheimer Holdings says unit to sell permanent mortgage loans portfolio
Monday, 6 Jun 2016 05:26pm EDT 

Oppenheimer Holdings Inc : On June 2, 2016, Oppenheimer Multifamily Housing & Healthcare Finance, unit, agreed to sell permanent mortgage loans portfolio .Unit to sell mortgage loan portfolio to Walker & Dunlop for cash consideration of approximately $45 million - SEC filing.  Full Article

Oppenheimer Holdings Inc announces quarterly dividend
Friday, 29 Jan 2016 08:01am EST 

Oppenheimer Holdings Inc:Announced a quarterly dividend in the amount of $0.11 per share.Payable on February 26, 2016 to holders of Class A non-voting and Class B voting common stock of record on February 12, 2016.  Full Article

Oppenheimer Holdings Inc announces share repurchase program
Tuesday, 15 Sep 2015 05:30pm EDT 

Oppenheimer Holdings Inc:Announces share repurchase program.Approved a share repurchase program that authorizes co to purchase up to 665,000 shares of co's class a non-voting common stock.Authorization replaces share repurchase program covering up to 675,000 shares of the company's class a non-voting common stock.  Full Article

Oppenheimer Holdings Inc declares dividend
Friday, 31 Jul 2015 08:00am EDT 

Oppenheimer Holdings Inc:Announces a quarterly dividend in the amount of $0.11 per share payable on Aug. 28 to holders of Class A non-voting and Class B voting common stock of record on Aug. 14.  Full Article

Oppenheimer Holdings Inc announces quarterly dividend
Friday, 1 May 2015 08:00am EDT 

Oppenheimer Holdings Inc:Declares a quarterly dividend in the amount of $0.11 per share payable on May 29, to holders of Class A non-voting and Class B voting common stock of record on May 15.  Full Article

Oppenheimer Holdings Inc announces quarterly dividend
Friday, 30 Jan 2015 08:00am EST 

Oppenheimer Holdings Inc:Announces quarterly dividend in the amount of $0.11 per share payable on Feb. 27, to holders of Class A non-voting and Class B voting common stock of record on Feb. 13.  Full Article

BRIEF-Oppenheimer Holdings Q2 earnings per share $0.39

* Oppenheimer Holdings Inc. Reports second quarter 2016 earnings and announces quarterly dividend