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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.
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D.A. Davidson & Co. Serves as Exclusive Financial Advisor to EYP Architecture & Engineering in the Sale of The Weidt Group to Willdan
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The former Weight Watchers seems to be struggling in the wake of a major brand overhaul and earlier reliance on Oprah Winfrey as a spokeswoman. Research Analyst Linda Bolton Weiser of D.A. Davidson discusses the shift in “Weight Watcher calls on Oprah to help sell wellness after abrupt name change to WW left people confused,” a CNBC.com article by Angelica LaVito.Read the full article here.
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When Paul Metzger of Montana wanted to give back to his community, he did so in a big way — and the new Paul Metzger Pediatric Center of Excellence in Billings is the result. D.A. Davidson is pleased to be part of the story, along with Todd Preston, Senior Vice President, Financial Advisor and Branch Manager. The details are outlined in “St. Vincent Healthcare unveils updated PICU, pediatric unit,” a Billings Gazette/KPVI-TV article written by Susan Olp.Read the full article ...
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With its $700 million investment in a self-driving vehicle company, Amazon appears to be playing catch-up in that space, D.A. Davidson Research Analyst Tom Forte says. Forte outlines the potential reasons behind Amazon’s move in “Amazon targets Tesla with $700M investment in electric truck maker,” a New York Post article by Nicolas Vega.Read the full article here.
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Despite growth for some of its superstar toys, Mattel Inc. is forecasting flat sales for 2019. Linda Bolton Weiser, D.A. Davidson Research Analyst, said the surprise forecast indicates that management may be focused on beating expectations. Her comments can be found in “Mattel forecasts a year of flat sales despite growth in Barbie and Hot Wheels,” a MarketWatch article written by Tonya Garcia.Read the full article here.
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Shopify has been growing quickly and just topped share price estimates for the most recent quarter. Tom Forte, Institutional Research Analyst for D.A. Davidson, outlines the company’s outlook within the consumer technology sector in “ ‘Shopify can dictate their own future’: Analyst,” a video by BNN Bloomberg.Watch the full video here.
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D.A. Davidson & Co. today announced that it has agreed to acquire Wells Nelson & Associates, an Oklahoma-based public finance and wealth management firm.
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What do bears in the wild and stock market bears have in common? Each can be potentially harmful. Andrew Crowell, Vice Chairman of Wealth Management, provides tips for dealing with each of these bears in “8 Ways to Stay Safe Around Stock Market Bears,” a U.S. News & World Report article by Coryanne Hicks.Read the full article here.
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D.A. Davidson Companies has named Mark Davis, Senior Vice President, Director of Private Trust Development, as the 2018 recipient of the Bragg Lewis Knutson Community Service Award.
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