News

Why does Amazon want to enter the retail grocery business? That and similar questions have arisen since industry experts learned that e-commerce giant Amazon is acquiring Whole Foods. D.A. Davidson Senior Analyst Linda Bolton Weiser discusses Amazon’s goals in “Food or storefronts? Analysts ponder motive for Amazon’s Whole Foods bid,” an SNL Financial article by Alex Bitter.Read the full article here. 

In the latest news regarding the world’s changing retail environment, shoe and sports apparel maker Nike announced job cuts that will help the company sell more directly to customers. Senior Equity Research Analyst Andrew Burns spoke about the new strategy in the article “Nike to cut 1,400 jobs, reduces product lines,” written by Roger Yu of USA TODAY.Read the full article here. 

Thomson Reuters has named three D.A. Davidson & Co. senior equity research analysts among the nation’s No. 1 stock pickers for their respective sectors.

Brian Brown, Senior Vice President, Financial Advisor and Branch Manager for D.A. Davidson’s Bozeman, Montana office, has been named to On Wall Street Magazine’s Top 100 Branch Managers list. The ranking is derived from nominations and scoring by a panel of judges.All of us at D.A. Davidson congratulate Brian on this much-deserved honor.The full list of managers can be accessed here. 

Can Blue Apron be profitable with its public offering? Although investors are bullish on direct-to-consumer e-commerce businesses, the meal kit delivery segment of the industry still face challenges, says Senior Research Analyst Linda Bolton Weiser. Weiser offers her perspective in “Blue Apron Files to Go Public, But Don’t Expect It to Be Profitable Anytime Soon,” an Inc. magazine article by Zoë Henry.Read the full article here. 

D.A. Davidson & Co. has announced that Peter J. Heckmann has joined the firm’s award-winning institutional equity research team as a senior analyst.

D.A. Davidson Trust Company has hired Michael Meighan, an experienced financial services professional, as vice president, senior investment officer. He works from the firm’s Seattle office located in the Columbia Center downtown.

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 first closing of the Series B capital raise with Campbell Soup Company (NYSE: CPB) and Fresh Direct, LLC.

What happens if the recent post-election market rally fades? Increasingly, advisors are taking a proactive approach, says Andrew Crowell, Vice Chairman of the Individual Investor Group at D.A. Davidson. Crowell discusses how advisors can help their clients be prepared for what’s next in an Investment News article called “Advisors go on the offensive, getting clients ready for the next market correction,” by Liz Skinner.Subscribers can read the full article here. 

In an interview with CNBC, Gil Luria, Director of Institutional Research for D.A. Davidson, speaks about Alibaba’s profitability, margin pressure on the company and its long-term strategy.View the full interview here.