News

Comfort Systems USA, Inc. (NYSE: FIX), based in Houston, Texas, has closed on its previously announced acquisition of Walker TX Holding Company, LLC and its related subsidiaries.

Tom White, Institutional Research Analyst for D.A. Davidson, has been widely quoted by the national media regarding the Lyft initial public offering and the U.S. ride-sharing industry. Following are highlights of his media appearances during the Lyft IPO and preceding days:CNBC: As Lyft goes public, profitability is a long-term goal, not a near-term likelihoodNew York Times: Lyft’s Shares Jump in Trading Debut, Cementing Rise of the Gig EconomyBarron’s: Lyft Stock Is Up Sharply on It...

D.A. Davidson & Co. announced today that Timothy Monfort has joined the firm as Managing Director of Equity Capital Markets in its New York office.

Can an adjustment to the name and logo of vacation rental company Vrbo help the company’s results? Tom White, D.A. Davidson institutional research analyst covering Vrbo, weighs in on the change in “Vrbo Changes Its Name to Match How People Say It,” a Wall Street Journal article by Nat Ives.Read the full article here.

The heat is on for companies working to develop the next best thing in gaming. And Amazon may have an edge over competitors, according to Tom Forte, Institutional Research Analyst with D.A. Davidson. Forte outlines his perspective in “As the Game Streaming Wars Begin, Twitch Is Looking Like Amazon’s Secret Weapon,” an article for TheStreet by Annie Gaus.Read the full article here.

As Americans increasingly turn toward Health Savings Accounts as a supplement for retirement savings, Andrew Crowell, Vice Chairman of Wealth Management for D.A. Davidson, offers his thoughts on how to use an HSA. Crowell comments in “More Americans are using a trick that can help you save money for retirement — there’s just 1 catch,” a CNBC.com article by Kathleen Elkins.Read the full article here.

The initial public offering for ride-hailing company Lyft seems to be off to a strong start. Tom White, Institutional Analyst for D.A. Davidson, has issued a research report that has spurred some of the attention. White describes what he likes about Lyft and the on-demand service model in “Lyft gets its first Wall Street buy recommendation and it’s not even public yet,” a CNBC.com article by Kate Rooney.Read the full article here.

As the gaming industry continues to expand, can Amazon use its Twitch platform to be the go-to resource for developers? Tom Forte, Institutional Analyst for D.A. Davidson, comments on that likelihood in “At GDC, Amazon Reveals its Playbook for Dominating Game Development,” an article for TheStreet.com by Annie Gaus.Read the full article here.

D.A. Davidson & Co. today announced growth in its fixed income group with the addition of key institutional sales professionals. Perren Thomas, Senior Vice President, Institutional Sales, and Dan Robbins, Vice President, Institutional Sales, have joined the firm in New York and Chicago, respectively.“We are pleased to add Perren and Dan to our sales team as we continue our strategic expansion,” said Rick Turnage, Head of Fixed Income Sales. “Their extensive experience, stro...

The stock of ecommerce giant Alibaba has soared since its IPO. However, Gil Luria, Director of Institutional Research for D.A. Davidson, said a slowing Chinese economy has the potential to change that trend. Luria’s comments can be found in “If you invested $1,000 in Alibaba when it went public, here’s how much you’d have now,” a CNBC.com article by Saheli Roy Choudhury.Read the full article here.