News

Changes included in the major overhaul passed by Congress in 2017 allow use of a “backdoor” approach that can benefit some high income earners as they fund Roth IRAs. Andrew Crowell, Vice Chairman of Wealth Management for D.A. Davidson, describes the strategy in “What is a backdoor Roth IRA?” written by Casey Dowd for Fox Business.Read the full article here.

Even the approval of an AT&T and Time Warner deal may not halt the strong growth and momentum of Netflix. Gil Luria, D.A. Davidson’s Director of Institutional Research, addresses Netflix’s lead in the sector in “Not Even AT&T-Time Warner Merger Approval Can Slow Netflix’s Roll,” written by Francesca Fontana for TheStreet.com.Read the full article here.

D.A. Davidson & Co. announced that it has served as exclusive financial advisor to Nebraska-based Tecumseh Poultry LLC (dba Smart Chicken), a leading producer of premium branded, organic and NAE (no antibiotic ever) fresh chicken products, in its sale to Tyson Foods, Inc. (NYSE: TSN).

While geopolitical tensions rise and the Fed and European Central Bank hold important meetings, James Ragan, Director of Wealth Management Research for D.A. Davidson, helps investors drill down to what matters the most. Ragan discusses events’ effects on markets in “Stock market investors brace for week packed with Fed, ECB and North Korean drama,” a MarketWatch article by William Watts.Read the full article here.

Upcoming elections around the world are likely to start affecting markets soon, and D.A. Davidson’s Wealth Management Research Director, James Ragan, says U.S. investors are trying to price any changes into their decisions. Ragan addresses potential election effects in “A flood of upcoming elections around the globe could wreak havoc on the financial markets,” a CNBC article written by Fred Imbert.Read the full article here.

Can Swedish furniture retailer Ikea succeed with a new strategy? D.A. Davidson Research Analyst Tom Forte believes there is room in the online world for furniture sales. Forte addresses the issue in “Sorry, Glendale, Nashville, And Cary: Ikea Ain’t Opening Near You After All,” a Buzzfeed article written by Leticia Miranda.Read the full article here.

D.A. Davidson & Co. announced today that it has served as exclusive financial advisor to MediaPRO Holdings, LLC (“MediaPRO” or the “Company”), in securing a majority growth equity investment from Frontier Capital.

Microsoft has become the third most valuable company in the world by surging past Alphabet, which is Google’s parent company. Rishi Jaluria, Institutional Analyst for D.A. Davidson, outlines reasons for the increase in “Microsoft surpasses Google’s Alphabet to become 3rd most valuable company,” a Washington Post article written by Hamza Shaban.Read the full article here.

An increase in a key regulatory asset threshold for some banks could result in more banking mergers and acquisitions, according to speakers at D.A. Davidson’s recent Financial Institutions Conference in Denver. Rory McKinney, the firm’s Head of Investment Banking, said larger regional banks may be hungry for growth now that congressional action has removed a key factor that limited size. McKinney addressed the topic in “Will new banking law drive deals?” an article writte...

Apple Inc.’s new smart speaker is not quite taking the market by storm. However, Tom Forte, Institutional Analyst for D.A. Davidson, says it’s too early to discount the potential for Apple’s HomePod. Forte discusses the new product in “Apple’s HomePod Sales Trail Far Behind Those of Amazon Echo and Google Home,” an article by Francesca Fontana for TheStreet.com.Read the full article here.