Marcial: Jeweler Fuqi, a Gem from China Oct 12, 2009
Fuqi's "strong competence in design, manufacturing, sales, and distribution has enabled it to outperform in good and bad economies, fending off thousands of small competitors," says analyst Echo He of Oppenheimer Holdings () (it has done banking for Fuqi), who rates the stock outperform. Fuqi is likely to gain further market share and grow faster than the industry over the foreseeable future, says He. (BusinessWeek)
Oppenheimer's Investment Bank Continues to Grow -- Gerry Walters Named Managing Director -- Media & Entertainment Group Oct 7, 2009
NEW YORK, Oct. 6 /PRNewswire/ -- Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings, is pleased to announce that Gerry Walters will join the firm as Managing Director in the Media & Entertainment Group, heading up Digital Media research for the firm's growing Investment Bank ... Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), provides a full range of wealth management, securities brokerage and investment banking... (Yahoo! Wire -- Entertainment News)
Judge to get update on IRS lawsuit against UBS Jul 29, 2009
a unit of Oppenheimer Holdings Inc., is pleased to announce that Paul Stendig has joined the firm as Managing Director -- Head of High Grade Corporate Bond Trading. He will report to Robert S. Lowenthal, Senior Managing Director -- Taxable Fixed Income Sales and Trading. (Fresno Bee -- Local)
Schwab Fights Back Against Cuomo Over Probe of Auction-Rate Securities Jul 21, 2009
a spokesman for Oppenheimer Holdings, declined to comment yesterday. Maddox, with Financial Dynamics in New York, said in November that the company denied the allegations. (Bloomberg -- US)
Oppenheimer Continues Taxable Fixed Income Trading Buildout - Ed Tappan Joins Firm as Head Agency Mortgage Trader Jul 10, 2009
NEW YORK, July 9 /PRNewswire-FirstCall/ -- Oppenheimer & Co. Inc., a unit of Oppenheimer Holdings, is pleased to announce that Ed Tappan has joined the firm as Managing Director - Head of Agency CMO and MBS Trading ... Oppenheimer & Co. Inc. (Oppenheimer), and Oppenheimer Asset Management Inc., each principal subsidiaries of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), together provide a full range of wealth management, securities brokerage and investment banking services to... (PR Newswire)
CIBC Announces Second Quarter 2009 Results May 28, 2009
9 billion after-tax) losses on structured credit related positions; and - $108 million ($64 million after-tax) combined loss related to the sale of some of our U.S. businesses to Oppenheimer Holdings Inc. (Oppenheimer), management changes and the exit and restructuring of certain other businesses. ------------------------------------------------------------------------- Significant events Global market credit issues Our structured credit business within Wholesale Banking had losses, before taxes... (Canada Newswire)
Oppenheimer Shareholders Approve Reincorporation to Access U.S. Markets May 12, 2009
May 11 (Bloomberg) -- Oppenheimer Holdings Inc.s shareholders approved its reincorporation from Canada to Delaware to gain greater access to U.S. capital markets and bailout funds. Oppenheimer Holdings, the Toronto-based parent to Oppenheimer & Co. of New York, said the reincorporation proposal was approved by investors holding 85 ... The domicile change originally was intended in part to give Oppenheimer Holdings access to U.S. government bailout funds, a possible source of cash to pay... (Bloomberg -- Canada)
Firm may seek aid for auction-rate clients Mar 25, 2009
Oppenheimer Holdings Inc., based in Toronto, asked shareholders to approve an incorporation switch to Delaware, which would make the firm more likely to qualify for the rescue funds, according to a March 13 proxy statement ... "We have no assurance that we would qualify for" US bailout funds, Oppenheimer Holdings said in the proxy statement, "nor have we determined that we would participate in any of these programs." ... Oppenheimer Holdings owns Oppenheimer & Co., which is already incorporated... (Boston Globe)
Keller Rohrback L.L.P. Announces ERISA Breach of Fiduciary Duty Investigation Regarding the Oppenheimer & Co., Inc. 401(K) Plan Mar 19, 2009
Keller Rohrback L.L.P. () today announced that it is investigating Oppenheimer Holdings, Inc. (``Oppenheimer'' or the ``Company'') (NYSE: - ) for potential violations of the Employee Retirement Income Security Act of 1974, as amended (``ERISA''). The investigation focuses on investments in Company stock in the Oppenheimer & Co., Inc. 401(k) Plan (the ``Plan''). (Primezone Releases)
