News

With the company’s latest quarter of growth behind it, Uber still remains far from profitable while challenged with other potentially damaging risks. Tom White, D.A. Davidson institutional research analyst, provides his take on the matters in front of the ride-sharing company in “Here are the biggest risks Uber’s facing, according to Wall Street analysts,” a Business Insider article written by Graham Rapier.Read the full article here.

D.A. Davidson & Co. announced today that it has served as exclusive financial advisor to Planet DDS, LLC in securing a significant growth equity investment from Level Equity.

D.A. Davidson announced today that it has expanded its leading financial institutions group with key hires in its equity capital markets, investment banking, institutional equity research, sales and trading, and wealth management divisions.

Despite having many more times cash than the average millennial, a large percentage of affluent millennials still believe they are likely to have debt once they reach retirement age, a D.A. Davidson study has found. The study is cited in “Even wealthy millennials who started saving in the 20s think they’ll retire with debt,” an article written by Tanya Loundenback for Business Insider magazine.Read the full article here.

21% are already saving for their children’s college educationA new study from D.A. Davidson of over 1,000 affluent American adults uncovered that three-quarters of respondents started saving at age 35 or younger, including 95% of Millennials. Despite starting to save at a young age, 36% of Millennials expect to carry debt into retirement. This might be because 61% of Millennials think they will support an adult child financially and 66% believe they will be supporting an aging parent. ...

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Command Center, Inc. (NASDAQ: CCNI) in its merger with Hire Quest Holdings, LLC, in an all-stock transaction.

As office space company WeWork gears up for its initial public offering later this year, how can it avoid the errors made with similar IPOs so far this year? Tom White, Institutional Research Analyst with D.A. Davidson, outlines his thoughts on the matter in “WeWork Must Do These 3 Things Before Its IPO to Avoid Uber’s Mistakes,” an article for Fortune magazine by Anne Straders.Read the full article here.

On Amazon’s 25th anniversary, Kiplinger magazine takes a look at key stocks that are faring well even with the e-commerce giant as competition. Tom Forte, Institutional Research Analyst for D.A. Davidson, weighs in for the article, “8 Stocks That Are Fending Off Amazon,” by James Brumley for Kiplinger.Read the full article here.

D.A. Davidson & Co. announced today that Bill Herrell has joined the firm’s financial institutions group investment banking team as Managing Director in Atlanta.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to StoneCalibre in its sale of Broadcast Microwave Services, Inc. (BMS) to Five Crowns Capital and CapitalView Investment Partners, private equity firms based in Newport Beach, California and Bethesda, Maryland.