News

Heritage Financial Corporation (NASDAQ: HFWA) and Premier Commercial Bancorp (OTC Pink: PRCB) have jointly announced the signing of a definitive agreement under which Heritage will acquire Premier in an all-stock transaction valued at approximately $88.6 million.

Jim Kerr, Chief Executive Officer of D.A. Davidson Companies, has been elected as Chairman of the firm’s board of directors.Kerr has served as D.A. Davidson Companies CEO since January 2015, and added the Chairmanship responsibilities during a recent board of directors meeting. His transition to that role is one component of a long-planned leadership succession strategy and follows the retirement of Bill Johnstone, who had served as company Chairman since 2012.Kerr joined D.A. Davidson Com...

Andrew Davidson, President of Davidson Investment Advisors, has been elected Vice Chairman of the board for D.A. Davidson Companies.Davidson has served as President of Davidson Investment Advisors since 2004 and has more than 25 years of experience working in the investment industry. He also serves as President of the Davidson Multi-Cap Equity Fund, a mutual fund registered with the Securities and Exchange Commission, and on the board of directors for Davidson Investment Advisors. A native of Gr...

As it works to appeal to more customers, Amazon is adopting a strategy that it hopes will encourage shoppers to leave more of their funds in an Amazon account. Gil Luria, Head of Institutional Research with D.A. Davidson, discusses the tactic in “Amazon targets PayPal strategy in forging bank partnerships,” a MarketWatch article.Read the full article here. 

Crypto exchanges and transaction processors are rapidly becoming big winners in the cryptocurrency space. Gil Luria, Head of Institutional Research for D.A. Davidson, discusses the phenomenon with Camila Russo, author of “Crypto Exchanges Are Raking in Billions of Dollars,” a Bloomberg Technology article.Read the full article here. 

Decisions about selecting a continuing care retirement community are complicated. D.A. Davidson’s Andrew Crowell, Vice Chairman of Wealth Management, offers tips on making this important decision in “How to Shop for a Continuing Care Retirement Community,” a Kiplinger article by Pat Mertz Esswein and Eileen Ambrose.Read the full article here. 

Overstock.com shares fell after the e-commerce retailer announced that it is being investigated by the Securities and Exchange Commission. What’s next for Overstock? Institutional Analyst Tom Forte discusses the matter with Evelyn Cheng of CNBC in “Overstock.com drops after revealing SEC investigation into cryptocurrency token sale.”Read the full article here. 

D.A. Davidson & Co. announced today that it served as exclusive financial advisor to Moeller Manufacturing & Supply, Inc. (“Moeller”), an industry leader in the production of commercial aerospace and defense washers and spacers, in its sale to Consolidated Aerospace Manufacturing, LLC (“CAM”).

D.A. Davidson has served as financial advisor to Community Bank in its merger with and into CVB Financial Corp. (NASDAQ: CVBF), holding company of Citizens Business Bank.

Have you considered the best ways to make your income and distributions last as long as you do in retirement years? Andrew Crowell, Vice Chairman of D.A. Davidson Wealth Management, outlines methods for making your income go further in the Fox Business article “How can you stretch your income in retirement?” by Casey Dowd.Read the full article here.