News

How will Uber fare now that the company is publicly held? Tom White, our Senior Institutional Research Analyst who covers the ride-sharing industry, has offered his perspective on the company’s prospects with a wide variety of national media outlets. Following are highlights of his media appearances leading up to Uber’s closely watched initial public offering and on IPO day:Reuters: Uber set to debut on NYSE, hopes to avoid Lyft’s fateFortune: Here’s What Analysts Are Say...

In a week when both of the dominant ride-sharing companies are in the news, which appears to be the stronger company? Tom White, Institutional Research Analyst for D.A. Davidson, outlines his case for one company in “In the battle between Lyft and Uber, analyst sees a clear winner,” a CNBC.com article by Keris Lahiff.Read the full article here.

With the long-awaited Uber IPO scheduled for next week, analysts are starting to weigh in on the company’s longer-term prospects. Tom White, institutional research analyst for D.A. Davidson, offers his perspective in “Uber isn’t public yet, but it’s already nabbed a bullish analyst call,” a MarketWatch article by Emily Bary.Read the full article here.

Sale prices at Whole Foods stores may signal a larger strategy shift by e-commerce giant Amazon, the owner of Whole Foods. The powerful Amazon/Whole Foods combination can afford to reduce prices in order to gain clients, and the strategy could add significantly to Amazon’s profit margins, according to Tom Forte, institutional research analyst for D.A. Davidson. Forte discusses Whole Foods and where the company fits in the grocery store sector in “Alaskan halibut, caught by a century-...

D.A. Davidson & Co. announced today that veteran financial professional Reid Liebhaber has joined the Institutional Sales team.

D.A. Davidson & Co. announced today that Brian Holland has joined the firm’s award-winning institutional equity research team in Portland to provide analysis of the food products sector.

Oklahoma City, Oklahoma-based BancFirst Corporation (NASDAQ: BANF) and Dallas, Texas-based Pegasus Bank announced the signing of a definitive agreement whereby BancFirst Corporation will acquire Pegasus Bank.

As Americans increasingly shop online, physical retail stores will continue to close in significant numbers, retail analysts say. John Morris, Institutional Research Analyst for D.A. Davidson, adds his perspective in “Retail apocalypse now: Analysts say 75,000 more U.S. stores could be doomed,” a Washington Post/MSN Money article by Abha Bhattarai.Read the full article here.

Uber, the largest of the ride-hailing services, plans to launch its initial public offering soon, just weeks after Lyft’s IPO. D.A. Davidson Institutional Analyst Tom White describes the companies’ markets and how investors might view Uber prospects in “Uber Seeks About $10 Billion in Year’s Biggest IPO,” a Bloomberg article by Eric Newcomer and Olivia Zaleski.Read the full article here.

D.A. Davidson & Co. announced today that Derek Bell has joined the firm’s technology investment banking team as managing director in New York.