Mutual Fund Report for ODMAX
Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2019 Earnings and Announces Quarterly Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Oppenheimer Holdings Inc. Reports First Quarter 2020 Earnings and Announces Quarterly Dividend
Anyone researching Oppenheimer Holdings Inc. (NYSE:OPY) might want to consider the historical volatility of the share...
Oppenheimer Holdings Inc. (NYSE: OPY) today announced that its Board of Directors approved a share repurchase program that authorizes the Company to purchase up to 530,000 shares of the Company's Class A non-voting common stock, representing approximately 4.2% of its 12,636,523 currently issued and outstanding shares of Class A non-voting common stock. This authorization will supplement the 98,625 shares that remain authorized and available under the Company's previous share repurchase program covering up to 640,000 shares of the Company's Class A non-voting common stock, which was announced on July 26, 2019, for a total of 628,625 shares authorized and available for repurchase. The share repurchase program is expected to continue indefinitely.
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
Shares of Oppenheimer Holdings Inc. rallied 4.6% in midday trading Friday, after the middle-market investment bank announced a new program to buy back up to 4.2% of its shares outstanding. The company said its board OK'd the program, which allows Oppenheimer to buy up to 530,000 of its Class A shares. The new program supplements the previous repurchase program, which had 98,625 shares available to repurchase remaining. Oppenheimer had 12.6 million Class A shares outstanding as of May 1. The announcement comes two months after a group representing eight of the U.S.'s largest banks said its members would suspend share buybacks to preserve capital amid the COVID-19 pandemic. Oppenheimer's stock has lost 29.6% over the past three months, while the SPDR Financial Select Sector ETF has dropped 33.0% and the S&P 500 has declined 16.3%.
Oppenheimer & Co. Inc. ("Oppenheimer"), a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced the formation of a dedicated insurance team under the Financial Institutions Group of its investment banking business.
Mutual Fund Report for OPPAX
Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company") today announced that, due to the public health impact of the coronavirus outbreak (COVID-19) and to support the health and well-being of our stockholders, directors, officers and employees, as well as to adhere to applicable Federal and state "Stay-at-Home" orders, the location of the Company's 2020 Annual Stockholders Meeting has been changed and will be held as scheduled on Monday, May 11, 2020 at 4:30 p.m. Eastern time over the internet in a virtual meeting format only. You will not be able to attend the 2020 Annual Meeting in person.
In 1985 Bud Lowenthal was appointed CEO of Oppenheimer Holdings Inc. (NYSE:OPY). This analysis aims first to contrast...
Thanks in no small measure to Vanguard founder Jack Bogle, it's easy buy a low cost index fund, which should provide...
Mutual Fund Report for ODVYX
Oppenheimer & Co. Inc. ("Oppenheimer"), a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced the addition of Gary Domoracki as the Boston office Branch Manager and Managing Director of Investments.
Mutual Fund Report for OPGSX
Oppenheimer Holdings (OPY) recently announced their best quarter in a decade and along with another 5% stock buyback, explains Doug Hughes, regional bank sector specialist and editor of BankNewsletter.
People are nervous, but Oppenheimer Holdings (OPY) is a buy; the investment banking firm has low risk and low leverage compared to almost any of its peers, asserts Doug Hughes, editor of BankNewsletter.
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Oppenheimer & Co. Inc. ("Oppenheimer"), a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY), today announced that David Roth has joined the Firm's Stamford branch, as Branch Manager – Senior Investment Advisor.