News

D.A. Davidson Companies has named Bryan Schneider, Senior Vice President, Financial Advisor and Portfolio Manager, as the 2019 recipient of the Bragg Lewis Knutson Community Service Award. Given in recognition of outstanding volunteer efforts, the award is the highest honor bestowed upon a D.A. Davidson associate.Schneider, who works in D.A. Davidson’s Omaha office, has demonstrated a deep commitment to nonprofit causes over a number of years. Highlights include his work with the Omah...

While it’s easy to see big-name market-moving stocks, there are also lesser-known companies that may offer strong potential returns. Brian Holland, Institutional Research Analyst for D.A. Davidson, outlines the possibilities for one such name, frozen food distributor Nomad Foods. His comments are featured in “3 Hidden Gems Setting Up for Big Upside,” an article by Michael Marcus for Nasdaq.Read the full article here.

The small team of top Amazon executives is growing and diversifying, providing insight about the e-commerce giant’s strategic focus for the future. Tom Forte, Institutional Research Analyst for D.A. Davidson, adds his perspective regarding the latest additions to the team in “Who’s in charge at Amazon? Moves on secretive S Team signal tech giant’s priorities,” a Seattle Times article written by Benjamin Romano.Read the full article here.

Can Uber start actually making a profit? The ride-hailing company plans to give it a try. Tom White, Institutional Research Analyst with D.A. Davidson, discusses ways the company can steer toward its pledge to focus on profits in “Uber promises ‘profit’ milestone this year. Here’s its plan,” a Fortune article written by Danielle Abril.Read the full article here.

The recently announced closing of 125 Macy’s stores could be just the start of what’s to come in retail. Brien Rowe, Investment Banker for D.A. Davidson, believes that other major store closings are likely in 2020 as the retail landscape continues changing. Rowe’s comments can be found in “Macy’s Stores Closures Could Mark Beginning of 2020 Retail Restructuring,” an article by Jacob Sonenshine for TheStreet.com.Read the full article here.

While the coronavirus outbreak has hurt Apple in China, the company may be able to recover if operations are able to resume this month, observers say. Tom Forte, Institutional Research Analyst for D.A. Davidson, spoke about the virus’ effects on Apple, and the company’s reliance on China overall, in an article for Business Insider. He addressed the topics in “The Wuhan coronavirus could pose a minor threat to Apple’s iPhone business, and it’s further evidence of the...

D.A. Davidson & Co. announced today that Greg Hartlein has joined the firm’s technology investment banking team as a director in Boston.

D.A. Davidson announced today that PerLectric, a Washington, D.C.-area electrical contractor, has been acquired by MDU Resources Group, Inc. (NYSE: MDU), a major energy delivery and construction materials and services company.

After a stellar earnings report for Amazon, what comes next for the e-commerce giant? Tom Forte, Institutional Research Analyst for D.A. Davidson, is among analysts and other observers who continue to watch important indicators that should signal how the company will fare in the future. Forte’s comments, along with others’, can be found in “Amazon hits $1 trillion on blowout earnings beat — what the pros are watching now,” an article by Lizzy Gurdus for CNBC.com.R...

D.A. Davidson & Co. announced today that its client, California-based Soft-Pak, Incorporated, a leading independent provider of integrated back office, route management and customer relationship management software solutions to the waste and recycling fleet industry, has entered into a definitive agreement to be acquired by Dover Corporation, a diversified global manufacturer with annual revenue of approximately $7 billion.