News

D.A. Davidson & Co. served as exclusive financial advisor to Hasa, Inc., a Saugus, California-based manufacturer and distributor of sodium hypochlorite and other water treatment products, on its sale to an affiliate of Austin, Texas-based Peak Rock Capital.

D.A. Davidson & Co. is expanding its Investment Banking practice with the addition of nine seasoned investment bankers in the firm’s Costa Mesa office.

Which big retail companies benefit the most from their exploitation of social networking? D.A. Davidson Senior Analyst Tom Forte discusses his answer with Barron’s reporter Tiernan Ray for the article “Etsy, Amazon Both Winners in Social Networking of Retail, Says Davidson.”Read the full article here. 

A predicted increase in construction for 2017 does not seem to be materializing so far. That boom clearly will take more time than anticipated, D.A. Davidson Institutional Analyst Brent Thielman told a reporter from Bloomberg Markets. Thielman’s comments can be found in “Construction Stocks Tank as Trump’s Infrastructure Plans Fizzle,” an article written by Thomas Black.Read the full article here. 

Hospitals purchasing supplies could be a stubborn target for e-commerce giant Amazon, according to D.A. Davidson Institutional Analyst Tom Forte. In the Crain’s Chicago Business article, “Could Amazon’s kryptonite be…medical supplies?” written by Kristen Schorsch, Forte discusses the opportunity that medical supply purchases represent.Read the full article here. 

American Express Co. is selling its prepaid card technology after that part of the business failed to gather any momentum. D.A. Davidson Institutional Analyst Arren Cyganovich comments on the strategic adjustment in “AmEx’s $300 Million Prepaid Tech Experiment Ends in a Sale,” written by Jennifer Surane for Bloomberg Technology.Read the full article here. 

Although you may not want to completely give up on the retail sector, it’s also important to use an appropriate vehicle for retail investments, according to Linda Bolton Weiser, Senior Institutional Analyst for D.A. Davidson. Bolton Weiser explains the challenge of investing in this sector in “ETFs May Not Be the Best Choice for Retail Investing,” an article by David Sterman in FA Magazine.Read the full article here. 

Will U.S. markets remain balanced, or could a spill be ahead? In his article for WealthManagement.com, “Nothing to Fear but Lack of Fear Itself,” Ed Crotty, Chief Investment Officer for Davidson Investment Advisors, suggests that while the current U.S. environment may appear unusually strong, it may also need to pick up steam for reasons that many investors don’t suspect.Read the full article here. 

D.A. Davidson & Co. announced that it has served as exclusive financial advisor to Chef’d, Inc., a best in class e-commerce meal marketplace, in its second closing of the Series B capital raise with Smithfield Foods.

D.A. Davidson Trust Company has hired two experienced trust professionals in Vancouver, Wash. John Briscoe has joined D.A. Davidson Trust as Vice President, Trust and Estate Planning Attorney, and Tanya Korolkova has joined as a Personal Trust Administrator.Briscoe is responsible for implementing the firm’s wealth planning initiatives and works alongside clients to provide estate planning guidance in areas of inheritance, trusts, estates and wealth management. We are very pleased to h...