Oppenheimer Holdings Inc


  • *Analysts view deal as strategic fit for Mallinckrodt. March 5- Dublin- based drugmaker Mallinckrodt Plc strengthened its presence in U.S. hospitals as it agreed to buy privately held Ikaria Inc, a maker of a respiratory drug and its delivery system, for $2.3 billion. Shares of Mallinckrodt, a seller of generics, specialty drugs and medical imaging agents, jumped as...

  • Brokerage firms file an average of five reports each per year, a number that is "disconcerting" and "far too low" given the and industry's volume of transactions, said Andrew Ceresney, director of the SEC Division of Enforcement, in prepared remarks. The SEC is considering enforcement cases against brokerages whose reporting efforts fall short, Ceresney said at an...

  • Gallagher's comments mark the latest twist in a saga at the SEC that started last spring, when the agency's two Democratic commissioners, Kara Stein and Luis Aguilar, balked at approving a waiver for the Royal Bank of Scotland after one of its units pleaded guilty to manipulating the Libor interest rate benchmark. In some cases, firms are disqualified...

  • Feb 5- Action camera maker GoPro Inc forecast a current-quarter profit that could miss Wall Street expectations and said its chief operating officer was resigning, sending its shares down nearly 18 percent after the bell. Nina Richardson, chief operating officer for the last two years, will leave the company effective Feb. 27, GoPro said in a regulatory filing.

  • Jan 28- Apple Inc's blockbuster results and a ballooning cash pile may prompt the company to boost share buybacks and dividends this year, with some analysts expecting the iPhone maker to return more than $200 billion to investors. "We had to increase our cell widths and chart heights after Apple's blow-out December-quarter print," RBC Capital Markets analysts...

  • Jan 28- Apple Inc's blockbuster results and a ballooning cash pile may prompt the company to boost share buybacks and dividends this year, with some analysts expecting the iPhone maker to return more than $200 billion to investors. Apple sold a record 74.5 million iPhones in the quarter and reported a 70 percent surge in China sales. "We had to increase our cell...

  • As part of the settlement, the SEC said Oppenheimer is admitting to wrongdoing and will be required to hire an independent consultant to review its policies over a five-year period. It said Oppenheimer aided and abetted illegal activity by Gibraltar Global Securities, a Bahamas- based brokerage firm that the SEC sued last year. The SEC said Gibraltar was not...

  • WASHINGTON, Jan 27- Oppenheimer& Co will pay $20 million to settle two U.S. government cases stemming from allegations the firm improperly sold penny stocks and ignored red flags. The Securities and Exchange Commission said Oppenheimer will pay $10 million to settle the case with the agency, plus another $10 million to settle parallel charges with the Treasury...

  • China 'most durable growth story': Fund pro Thursday, 19 Jun 2014 | 2:00 PM ET
    A Prada store in Beijing.

    China is still the best investment opportunity globally, according to a prominent developing markets mutual fund manager.

  • Who's putting cash back into unpredictable markets Thursday, 12 Jun 2014 | 11:33 PM ET

    The day has been long for Justin M. Leverenz, who runs America's largest emerging markets mutual fund at Oppenheimer Funds.

  • For Meredith Whitney fund, backers hard to come by Thursday, 14 Nov 2013 | 7:42 AM ET
    Meredith Whitney

    Meredith Whitney is hoping to apply her financial advisory skills to hedge funds, but it's not clear if investors will buy in.

  • Why Friday's jobs number is make or break Wednesday, 4 Sep 2013 | 9:19 PM ET
    A quality control worker at the Mary Kay Inc. regional distribution facility in Dallas, Texas.

    The Friday jobs report is seen by some traders as make or break for the Fed's decision later this month on whether to taper back its $85 billion monthly bond purchases.

  • Another scary report: Plunging durable goods Monday, 26 Aug 2013 | 4:38 PM ET

    A bigger-than-expected drop in durable goods orders sparked new worries about manufacturing, causing speculation the Fed may reduce its tapering plan.

  • The secret sign that Apple’s a buy Monday, 22 Jul 2013 | 1:08 PM ET

    Forget about iPhone sales, because there's a much more important indicator of where Apple will go. And right now, it's flashing a serious buy signal.

  • Expect Sequestration Volatility: John Stoltzfus Tuesday, 19 Feb 2013 | 5:32 PM ET

    Stick with what works, Oppenheimer's John Stoltzfus says.

  • Apple Should Not Be Trading at This Multiple: Cramer Thursday, 24 Jan 2013 | 10:05 AM ET
    Cramer's Mad Dash: Time to Love McDonald's?

    "It's just not fair" how investors are treating Apple, CNBC's Jim Cramer said Thursday.

  • Oppenheimer says 3Q revenue hurt by economic news Friday, 26 Oct 2012 | 12:59 AM ET

    NEW YORK-- Oppenheimer Holdings Inc. reported Friday that its third-quarter net income rose 10 percent, as lower expenses helped make the best of flat revenue. Albert Lowenthal, CEO of the New York investment firm, said that while the economy remains uncertain, the U.S. equity markets have continued to perform remarkably well.

  • emerging_markets_300.jpg

    The best way to get exposure to emerging markets may be to invest in the affiliates of multinational corporations that are listed on local exchanges, a new study suggests.

  • Monster Woes Scare Off Analysts Wednesday, 1 Feb 2012 | 3:48 PM ET
    The mascot and symbol for Monster Worldwide stands in front of the NASDAQ Market Board at  in New York City.

    Wall Street is losing confidence in online recruiter Monster Worldwide, as the company struggles to find its footing in the rapidly changing market.

  • Wall Street: Then & Now Thursday, 1 Sep 2011 | 2:28 PM ET
    When the Sept. 11 attacks turned much of Lower Manhattan to rubble 10 years ago, many financial firms in the area scrambled to find places to operate outside of the dense Wall Street area, leaving its future as the financial center of the world uncertain. When would the big banks return? Did it make sense to ever return? Yet there’s something about Lower Manhattan that has made it hard for many firms to call anywhere else home. Maybe it’s the grandeur of Wall Street – a chance to be part of the

    We looked at 12 of the biggest Wall Street firms to see what made them decide to stay or leave. In some cases, the firms responded with a statement about how 9/11 has affected them.