News

Community 1st Bank has agreed to be acquired by First Interstate BancSystem, Inc. (NASDAQ: FIBK).

D.A. Davidson & Co. announced today that the Wells Financial Consulting Group has joined the firm in Bend.

Starting with small bags of a salty snack, a group of D.A. Davidson’s Information Technology associates is making a big difference in their community. The I.T. team began selling bags of popcorn in 2015 to earn funds for a charitable cause. The group then turned the one-time fundraiser into a regular event that has earned thousands of dollars and provided food, winter coats, toys, school supplies and other items to less fortunate residents in Great Falls, Montana. Among the beneficiaries: ...

You may not have heard of the online payment company called Stripe, but there is a good chance you have used its services. And you are likely to hear more about it in the future because it is growing so quickly, according to Gil Luria, D.A. Davidson’s Institutional Research Director. Luria addresses Stripe’s growth in “Payment Startup Stripe Is Now a $20 Billion Company,” a Bloomberg article by Ashlee Vance.Read the full article here.

D.A. Davidson & Co. announced that it served as exclusive financial advisor to RockTape, Inc., a leading provider of kinesiology tape, medical education and other health and wellness products, in its sale to Implus Footcare, LLC, an innovative provider of athletic, fitness and outdoor accessory products ranging from foot care and seasonal accessories to fitness and recovery solutions.

With a new focus on wellness, Weight Watchers has changed its name. Linda Bolton Weiser, Institutional Research Analyst for D.A. Davidson, discusses the new moniker, and other changes for the new “WW,” in “Weight Watchers slims down to WW (No one likes a diet),” an article by Rachel Siegel for the Washington Post.Read the full article here.

D.A. Davidson & Co. today announced that a student team from Gonzaga University had the top-performing portfolio in the company’s annual Student Investment Program, enjoying a total return of 50.4 percent for the program year.

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to NORPAC Foods, Inc., a leading frozen vegetable and fruit processor, in the divestiture and sale of its soup business to Kettle Cuisine, LLC, a manufacturer of small batch all natural soups, sauces and side dishes serving the up-and-down-the-street foodservice, national restaurant chains and retail channels.

D.A. Davidson & Co. announced today that John D. Morris has joined the firm’s award-winning institutional equity research team in New York to provide analysis of apparel and footwear brands and retailers.

Should investors be worried about Amazon stock? The normally high-flying equity has had shaky performance since Labor Day, but Tom Forte, Senior Institutional Analyst for D.A. Davidson, said the drop may not signal any problems. Forte made his comments in “Why Amazon Stock Has Sagged Since Labor Day,” an article for TheStreet.com by Annie Gaus.Read the full article here.