News

Uber and Lyft have failed to keep up with shifting investor expectations, says the D.A. Davidson research analyst who covers the companies. The stock performance of both companies has suffered. Tom White, Institutional Research Analyst, says the decline reflects the companies’ failure to communicate a clear path toward profitability. White addresses the stock price losses in “Uber and Lyft Slow to React to Investor Expectations, Says D.A. Davidson Analyst,” a broadcast segment ...

The economic hit of Boeing stopping its production of a major jet will hit suppliers across the United States. Paul Weisbrich, Investment Banker at D.A. Davidson, said smaller parts suppliers are likely to be the first to feel financial pain as a result of the 737 Max production halt, while larger suppliers are likely be able to withstand the change for longer periods. Weisbrich spoke about the economic effects in “Halting 737 Max production hits suppliers in Southern California and nation...

While various governments are pressing Uber Technologies to give employee benefits to its drivers, Uber is focused instead on ramping up a temporary staffing service using its drivers. The Uber Works program makes sense — but the company must ensure it can be done profitably and without safety problems, says Tom White, Institutional Research Analyst for D.A. Davidson. White comments in “Uber Will Invite Its Drivers to Do Cooking, Cleaning or Laundry Gigs,” a Bloomberg article b...

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Keller Electrical Industries in its sale to Ohio Transmission Corporation, a portfolio company of Genstar Capital, which closed on December 9.

A Canadian maker of high-end outerwear is expected to reduce prices for the holidays, a D.A. Davidson analyst says. John Morris, Institutional Research Analyst who covers apparel and footwear, said Canada Goose is making deep cuts in prices because its jackets don’t have a prominent place among gifts this holiday season. Morris offers his thoughts about the company’s merchandise pricing in “Canada Goose is marking down jacket prices for holidays,” a New York Post article ...

D.A. Davidson & Co. announced today that Steve Lelli, Senior Vice President, Financial Advisor and Branch Manager for the firm’s Bend, Ore. office, has been honored with the company’s Branch Manager of the Year Award.

D.A. Davidson & Co. announced today that Rob McKeon, a financial professional with extensive experience, has joined the firm’s Institutional Sales team as part of the firm’s continued growth trajectory in equity capital markets.

Following a particularly robust stock performance in 2019, is Apple headed toward a fall as a result of the United States’ trade disputes with China? Tom Forte, Institutional Research Analyst with D.A. Davidson, believes Apple is likely to weather the trade storm without excessive impact. He offers his analysis of the company’s position in “Apple is the best Dow stock this year. Will there be an encore in 2020?” a CNN.com article written by Paul La Monica.Read the full ar...

Observers say a planned cookie company acquisition by Hostess Brands, the maker of Twinkies and other treats, is the right move for the company. Brian Holland, Institutional Research Analyst for D.A. Davidson, is among analysts who believe the purchase of Voortman Cookies will accomplish important strategic objectives. Holland’s observations are included in “Twinkie Parent Hostess Cheered for Cookie Company Purchase,” a Bloomberg article by Janet Freund.Read the full article he...

D.A. Davidson & Co. announced today that Chuck Stubbs has joined the firm’s financial institutions investment banking group as managing director.