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Piper Jaffray Companies (PJC.N)

PJC.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Piper Jaffray Forms Middle-Market Debt Underwriting Vehicle
Thursday, 15 Feb 2018 04:30pm EST 

Feb 15 (Reuters) - Piper Jaffray Companies ::PIPER JAFFRAY COMPANIES FORMS MIDDLE-MARKET DEBT UNDERWRITING VEHICLE WITH $1.0 BILLION OF EQUITY COMMITMENTS.PIPER JAFFRAY COMPANIES - PIPER JAFFRAY FINANCE LLC WILL UNDERWRITE DEBT FACILITIES FOR SPONSORED AND NON-SPONSORED MIDDLE-MARKET COMPANIES.PIPER JAFFRAY COMPANIES - LEN SHEER , HEAD OF PIPER JAFFRAY & CO CAPITAL ADVISORY GROUP, WILL SERVE AS PRESIDENT OF PIPER JAFFRAY FINANCE LLC.  Full Article

Piper Jaffray Q4 Adjusted Earnings Per Share $1.80
Thursday, 1 Feb 2018 08:00am EST 

Feb 1 (Reuters) - Piper Jaffray Companies ::REPORTS 2017 FOURTH QUARTER AND FULL-YEAR RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $1.80.Q4 REVENUE OF $236.1 MILLION WERE UP 6% YEAROVER- YEAR..Q4 EARNINGS PER SHARE VIEW $1.45, REVENUE VIEW $204.2 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY GAAP NET REVENUES $236.08 MILLION VERSUS $222.5 MILLION.AUM WAS $7.3 BILLION AT THE END OF Q4 2017, COMPARED TO $8.7 BILLION IN THE YEAR-AGO PERIOD AND $7.6 BILLION AT END OF Q3 2017.PIPER JAFFRAY SAYS DECLINE IN AUM SEQUENTIALLY IS ATTRIBUTABLE TO NET CLIENT OUTFLOWS IN BOTH EQUITY AND MLP PRODUCT OFFERINGS.PIPER JAFFRAY SAYS NEW TAX LAW RESULTED IN ONE-TIME NON-CASH WRITE-OFF OF $54.2 MILLION AS CO REMEASURED DTA BASED ON LOWER ENACTED RATE IN QUARTER.  Full Article

Piper Jaffray Says In Relation To Chad Abraham's Appointment, Board Increased Its Size To 10 Directors
Wednesday, 27 Dec 2017 08:44am EST 

Dec 27 (Reuters) - Piper Jaffray Companies ::PIPER JAFFRAY SAYS IN RELATION TO CHAD ABRAHAM'S APPOINTMENT, BOARD INCREASED ITS SIZE TO 10 DIRECTORS .  Full Article

Piper Jaffray Elects Chad Abraham To Board Of Directors
Wednesday, 27 Dec 2017 08:30am EST 

Dec 27 (Reuters) - Piper Jaffray Companies ::PIPER JAFFRAY ELECTS CHAD ABRAHAM TO BOARD OF DIRECTORS.PIPER JAFFRAY - ABRAHAM WILL BE ASSUMING CEO FROM ANDREW DUFF , WHO WILL REMAIN CHAIRMAN OF BOARD FOLLOWING HIS RETIREMENT ON DEC 31.  Full Article

‍Chad Abraham Named Chief Executive Of Piper Jaffray​
Tuesday, 5 Dec 2017 08:30am EST 

Dec 5 (Reuters) - Piper Jaffray Companies ::PIPER JAFFRAY APPOINTS NEW CEO AND PRESIDENT.PIPER JAFFRAY COMPANIES - ‍CHAD ABRAHAM NAMED CHIEF EXECUTIVE OFFICER OF PIPER JAFFRAY​.PIPER JAFFRAY COMPANIES - ‍DEB SCHONEMAN APPOINTED AS PRESIDENT​.PIPER JAFFRAY COMPANIES- ANDREW DUFF REMAINS CHAIRMAN OF BOARD.PIPER JAFFRAY COMPANIES- ANDREW DUFF WILL RETIRE AS CEO; TRANSITION EFFECTIVE JANUARY 1, 2018.  Full Article

Tim Carter named Chief Financial Officer of Piper Jaffray
Tuesday, 21 Nov 2017 08:30am EST 

Nov 21 (Reuters) - Piper Jaffray Companies :Tim Carter named Chief Financial Officer of Piper Jaffray.Piper Jaffray Companies - Carter assumes CFO position from Deb Schoneman​.  Full Article

Piper Jaffray announces a 20 pct increase in quarterly dividends and new annual special dividend
Thursday, 9 Nov 2017 08:30am EST 

Nov 9 (Reuters) - Piper Jaffray Companies :Piper Jaffray announces a 20 pct increase in quarterly dividends and a new annual special dividend.‍Board intends to increase regular quarterly dividend by 20 pct from $0.3125 per share to $0.375 per share beginning Q1 fiscal year 2018​.‍Board has new dividend policy intend to return from 30 pct to 50 pct of non-GAAP net income to shareholders each year, beginning with FY 2017​.  Full Article

Piper jaffray companies reports qtrly loss per share $3.91
Thursday, 26 Oct 2017 08:00am EDT 

Oct 26 (Reuters) - Piper Jaffray Companies :Piper Jaffray Companies reports 2017 third quarter results.Piper Jaffray Companies - qtrly GAAP net revenues $240.6 million versus $200.8 million last year.Piper Jaffray Companies - qtrly loss per share $3.91.Piper Jaffray Companies - qtrly adjusted earnings per share $2.13.Piper Jaffray Companies - AUM was $7.6 billion at the end of the third quarter of 2017, compared to $8.4 billion in the year-ago period.Piper Jaffray Companies - qtrly earnings on GAAP basis were impacted by a non-cash goodwill impairment charge of $114.4 million.  Full Article

Piper Jaffray says it will be required to record a noncash impairment charge
Wednesday, 27 Sep 2017 04:14pm EDT 

Sept 27 (Reuters) - Piper Jaffray Companies :Piper Jaffray Companies- on September 25, 2017, co concluded that it will be required to record a noncash impairment charge - SEC filing.Piper Jaffray Companies - identified goodwill impairment indicators in Q3 of fiscal year ending Dec 31, necessitating a full impairment testing of goodwill.Piper Jaffray Companies - ‍company estimates that impairment charge will be in range of $100.0 to $114.4 million on a pre-tax basis​.  Full Article

Piper Jaffray Companies announces share repurchase authorization
Thursday, 10 Aug 2017 04:10pm EDT 

Aug 10 (Reuters) - Piper Jaffray Companies :Piper Jaffray Companies - ‍board authorized repurchase of up to $150.0 million of co's outstanding common stock; authorization becomes effective Sept 30​.  Full Article

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U.S. drillers add oil rigs for fourth consecutive week: Baker Hughes

U.S. energy companies added oil rigs for a fourth week in a row even though crude pulled back from three-year highs over the past couple of weeks as more drillers boost their 2018 spending plans.