News

The Flandreau Santee Sioux Tribe in South Dakota is celebrating the completion of a new tribal health center, with funding for the project developed through the guidance of John Banks, Managing Director and Public Finance Banker for D.A. Davidson. The center’s grand opening ceremony was the focus of a Moody County (S.D.) Enterprise article, “Tribal health center holds grand opening,” written by Dana Hess.Read the full article here. 

Although the latest figures for U.S. unemployment are disappointing, they provided the benefit of a clearer direction for the Federal Reserve. James Ragan, Director of Individual Investor Research with D.A. Davidson, discusses the numbers and how they affect the Fed’s next move in the CNBC.com article, “The Fed just got what it was looking for to satisfy its ‘hawkish bent,’ ” by Jeff Cox.Read the full article here. 

As Amazon begins testing its own delivery service in densely populated areas, D.A. Davidson Analyst Tom Forte believes the approach may solve some of the e-commerce giant’s cost and delivery hurdles. Forte discusses the new strategy in “Amazon prudently cherry-picking dense delivery areas,” an interview on CNBC’s Closing Bell broadcast.Watch the full interview here. 

With toy maker Mattel shaking up its executive team, observers are wondering whether some new team members are the best choices. In Wall Street Journal article “Mattel Taps Former Sprint CFO in Executive Revamp” by Ezequiel Minaya and Tatyana Shumsky, D.A. Davidson Analyst Linda Bolton Weiser discusses the likelihood of the new CFO understanding and succeeding in the toy business.Read the full article here. 

D.A. Davidson & Co. announced today that Jim Hawkins has joined the firm as a Branch Manager, overseeing the firm’s growing Seattle branch as well as its office in Bainbridge Island. He is responsible for managing a staff of over 30 financial advisors and support professionals who work alongside individual investors, families and businesses to help them plan for reaching their financial goals.Hawkins joins D.A. Davidson with extensive leadership experience in the financial services ind...

With the start of its NFL streams, e-commerce giant Amazon is offering a high-quality bundle, observers say. D.A. Davidson Senior Analyst Tom Forte addresses the strengths of Amazon’s football package in “Amazon’s NFL Kick-Off Adds to Its Growing Video Bundle – and Ad Business,” by Chris Nolter of TheStreet.com.Read the full article here. 

Investors reacted positively when Overstock.com announced its subsidiary would enter digital coin trading. Tom Forte, Senior Research Analyst for D.A. Davidson, told CNBC that the company has prepared well for its entry into the digital coin business. His comments can be found in the CNBC article “Shares of Overstock.com spike after online retailer says it’s entering digital coin trading business,” written by Evelyn Cheng.Read the full article here. 

Jim Kerr, Chief Executive Officer for financial services firm D.A. Davidson Companies, has been elected to the Board of Directors of the Association of Washington Business, Washington state’s chamber of commerce and manufacturing association.The board of directors confirmed Kerr as a new board member during the association’s Policy Summit, a forward-looking annual event held last week in Cle Elum, Wash.Kerr has been D.A. Davidson’s CEO since 2015 after serving as the firm&rsquo...

As financial advisors seek ways to add value for their clients, many are highlighting their ability to offer a comprehensive set of services that touch nearly every aspect of a client’s financial life. In an interview with Morey Stettner, D.A. Davidson’s Andrew Crowell discusses the reasons advisors are more often using words such as “holistic” to describe their offerings. The interview is part of “Advisors Go Holistic by Expanding Their Skill Sets,” an articl...

The Federal Reserve said this week that the U.S. economy may be strong enough so that the Fed can start shedding the bonds it acquired during the economic downturn. Mary Ann Hurley, Fixed Income Trader with D.A. Davidson, addresses the Fed’s move and whether there may be enough bond buyers to support it as part of “Fed to remove economy’s crutch, shrink $4.5T holding,” an article in USA Today by Paul Davidson.Read the full article here.