OPY

Oppenheimer Holdings Inc. Reports Third Quarter 2024 Earnings

时间:2024-10-25 20:00:04 市场: 美股 综合

关联: OPY

Oppenheimer Names Todd Wiggins Regional Director of Dallas-Fort Worth Region

时间:2024-10-01 18:00:06 市场: 美股 综合

关联: OPY

Update: Advance Auto Parts Faces Challenges Ahead Despite Focused Leadership, Oppenheimer Says (Updated to clarify fourth paragraph.)Advance Auto Parts (AAP) faces significant near- and longer-term hurdles even as the company's new leadership demonstrates a "strategic focus and energy," Oppenheimer said after a meeting with senior executives Thursday."We continue to advise clients to remain on the sidelines with AAP until evidence of a sustained, positive fundamental turn at the company turns much clearer," Oppenheimer said in a note Friday.Chief Executive Shane O'Kelly emphasized that streamlining the supply chain and developing product hubs as a network are essential in improving connectivity and operational efficiency. The company's leadership also discussed focusing on core merchandising and pricing disciplines, which was not the focus of prior management, Oppenheimer said.Advance Auto Parts management is also evaluating its 4,700 stores with plans to possibly close underperformers

时间:2024-09-14 02:12:13 市场: 美股 综合

关联: AAP T43.SI AAP.AU OPY

Advance Auto Parts Faces Challenges Ahead Despite Focused Leadership, Oppenheimer Says Advance Auto Parts (AAP) faces significant near- and longer-term hurdles even as the company's new leadership demonstrates a "strategic focus and energy," Oppenheimer said after a meeting with senior executives Thursday."We continue to advise clients to remain on the sidelines with AAP until evidence of a sustained, positive fundamental turn at the company turns much clearer," Oppenheimer said in a note Friday.Chief Executive Shane O'Kelly emphasized that streamlining the supply chain and developing product hubs as a network are essential in improving connectivity and operational efficiency. The company's leadership also discussed focusing on core merchandising and pricing disciplines, which was not the focus of prior management, Oppenheimer said.Advance Auto Parts management is also evaluating closing around 4700 stores with plans to focus more on "top performing units and markets," according to Opp

时间:2024-09-14 01:12:54 市场: 综合 美股

关联: OPY AAP AAP.AU T43.SI

Nexters Reports At-The-Market Share Offering Nexters (GDEV) said late Thursday it may sell about 1.76 million shares from time to time through Cantor Fitzgerald and Oppenheimer in an at-the-market offering.The company said the shares were acquired following its tender offer which expired in January. It said no new ordinary shares will be issued in the offering.The reintroduction of the shares aims to bolster the trading liquidity of its shares by increasing its public float, it added.The company said it plans to use the net proceeds from the offering for general corporate purposes.

时间:2024-09-13 05:58:07 市场: 美股 综合

关联: OPY GDEV

International Flavors & Fragrances Gets Sell-Side Support, Buy-Side Still Skeptic, Oppenheimer Says International Flavors & Fragrances (IFF) has gained sell-side support in recent months, but buy-side sentiment remains skeptical, Oppenheimer said in a note Wednesday."We believe a bit of help from the macro, combined with continued execution delivering their stated objectives, and getting back to basics on innovation and customer mindshare can drive IFF back to its [mid-single-digit] growth algorithm," Oppenheimer said.Oppenheimer increased its price target for the company to $117 from $116 following a meeting with its investor relations executive Michael Bender. The revised price target suggests the company's strong fundamentals could lead to upside in H2 2024 estimates.Oppenheimer maintained its outperform rating for International Flavors & Fragrances.Price: 102.79, Change: -0.02, Percent Change: -0.02

时间:2024-09-12 03:39:27 市场: 美股 综合

关联: IFF OPY

Ametek's Valuation Seen 'Reasonable" Despite Persistent Softness in A&ES Segment, Oppenheimer Says Ametek's (AME) lowered 2024 guidance reflects ongoing softness in its Automation and Engineered Solutions segment, while the rest of its business portfolio is fairly solid, Oppenheimer said in a note sent Tuesday.The investment firm is maintaining its outperform rating on the stock and $190 price target."Our Outperform rating reflects the view of reasonable valuation and low-risk principal, given methodically moderated cyclicality over past ten years, and likely consistent deal pipeline activity," it said.Oppenheimer said the company now expects flat 2.5% organic growth for this year, compared with a low- to mid-single digit increase expected previously.The guidance assumes "50/50 1H/2H revenue split [versus] normal 48/52%" and the "positioning reflects the view of normal environment, with some market/channel adjustments, [and] belt-tightening in softer businesses," the firm said.Price: 1

时间:2024-09-11 03:26:32 市场: 美股 综合

关联: AME OPY AME.AU

Apple's Glowtime Event Showcases Accessories Outshining iPhone 16 Series, Oppenheimer Says Apple's (AAPL) Glowtime event on Monday showcased impressive updates to the Apple Watch and AirPods, outshining the "incremental" updates to the iPhone 16 series, Oppenheimer said in a note emailed Tuesday."We came away more impressed with meaningful upgrades coming to accessories than iPhones this year. Both Apple Watch and AirPods are getting hardware redesigns that dramatically improve user experience and set even higher bars for the wearable industry," Oppenheimer said.In contrast, the iPhone 16 series features more incremental upgrades, with the benefits of the A18 and A18 Pro processors not fully realized until Apple Intelligence is launched later, the note said."Our view on upcoming iPhone cycle has not changed, we expect the replacement and upgrade cycle to accelerate more meaningfully in [2025], when Apple Intelligence is fully rolled out globally," Oppenheimer said.Apple Intelligence wi

时间:2024-09-11 03:03:41 市场: 美股 综合

关联: AAPL OPY