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Oppenheimer Holdings Inc (OPY.N)

OPY.N on New York Stock Exchange

27.80USD
14 Dec 2017
Change (% chg)

$-0.40 (-1.42%)
Prev Close
$28.20
Open
$28.30
Day's High
$28.30
Day's Low
$27.65
Volume
3,481
Avg. Vol
15,300
52-wk High
$28.90
52-wk Low
$15.10

Latest Key Developments (Source: Significant Developments)

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

BRIEF-Oppenheimer holdings reports Q3 earnings per share $0.59

* Oppenheimer Holdings Inc reports third quarter 2017 earnings and announces quarterly dividend