News

WesBanco, Inc. (Nasdaq: WSBC) and First Sentry Bancshares, Inc. (OTC Pink: FTSB) have announced that they have reached a definitive agreement and plan of merger for First Sentry to merge into WesBanco.

As Baby Boomers enter their retirement years, it is important that they also consider how their accumulated savings, investments and other assets will eventually be transferred to their millennial children. In his U.S. News & World Report article, “Preparing for the Wealth Transfer Tsunami,” Andrew Crowell, Vice Chairman of D.A. Davidson’s Individual Investor Group, offers tips to help families make this transfer of wealth easier.Read the full article here. 

Etsy and Amazon appear to be poised to battle it out over the craft sector in what could be the biggest online shopping season yet. D.A. Davidson Analyst Tom Forte discusses what’s at stake in “Amazon vs. Etsy: Craft warfare for the holidays,” a story by Aimee Picchi for MoneyWatch.Read the full article here. 

Although California has plenty of rock, sand and gravel supplies, builders are finding that it makes more sense to ship such raw materials from as far north as Canada. D.A. Davidson’s construction and engineering analyst, Brent Thielman, discusses the economic factors in “Why builders of big L.A. projects are making concrete with gravel and sand shipped from Canada,” a Los Angeles Times article written by James Rufus Koren.Read the full article here. 

Could Mattel be a bargain stock in time for the holidays, or will the toy company deliver a lump of coal? D.A. Davidson Institutional Research Analyst Linda Bolton Weiser adds her thoughts in the Barron’s article “Time to Play Mattel” by Ben Levisohn.Subscribers can read the full article here. 

CSS Industries, Inc. (NYSE: CSS), a leading consumer products company in the seasonal, celebrations and craft markets, has announced that it completed the acquisition of Simplicity Creative Group from Wilton Brands LLC for $64 million in cash, subject to certain closing and post-closing adjustments.

D.A. Davidson & Co. has served as exclusive financial advisor in two merger transactions for commercial banks, both of which were completed on Wednesday for a combined deal value of approximately $900 million.

Even with stronger-than-expected earnings, shares in e-commerce company Shopify fell this week after release of a critical report. D.A. Davidson Analyst Tom Forte discusses investor sentiment with Reuters reporter Alastair Sharp in “Shopify’s Earnings Beat Fails to Reassure Investors, Shares Drop.”Read the full article here. 

With earnings season at hand, CNBC has used thousands of estimates to come up with a list of 10 companies whose earnings are expected to be beyond Wall Street expectations. Our analyst, Tom Forte, comments on a key e-commerce company that made the list in “Big earnings week: These 10 companies will beat the Street, investors say,” by Fred Imbert of CNBC.Read the full article here. 

D.A. Davidson & Co. today announced that the firm has moved its Omaha offices and consolidated them in one new location designed to provide improved space for serving clients.The D.A. Davidson branch has moved to 450 Regency Parkway, Suite 400, as of Monday, Oct. 23. Individual staff phone numbers and email addresses will remain the same as before. The main office phone numbers are as follows: (402) 898-1700 and (866) 898-4320 to reach a Financial Advisor and/or assistance with investments, ...