News

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. 

Why so many vacancies in Montana’s malls? Andrew Burns, senior analyst covering the sports apparel sector, spoke with the Billings Gazette about the downsizing of many large retail stores nationwide, including in Montana. His comments are included in “Kmart, Ziggy’s, Sport Authority, Hastings: What will happen with these vacant spots?” by Erik Olson of the Gazette.Read the full article here. 

With “grit and determination,” Jim Kerr, CEO of D.A. Davidson Companies, has helped to build the company into a diversified, employee-owned firm with $44 billion in assets under management and administration. Kerr discusses the company — its current state and his vision for the future — in a Q&A with Seattle Business magazine. In this interview, he discusses the company’s successes and strategies, the characteristics he believes are i...

Seacoast Commerce Banc Holdings (OTC Pink: SCBH), the parent company of Seacoast Commerce Bank, and Capital Bank (OTCQB: CBJC) jointly announced the signing of a definitive agreement in which Capital will merge with and into Seacoast in a transaction valued at $60 million or $32.00 per share.D.A. Davidson & Co. advised Capital Bank in the transaction and issued a fairness opinion.The transaction is the 79th publicly announced M&A advisory transaction for the D.A. Davidson Financial Insti...

D.A. Davidson & Co. served as exclusive financial advisor to Birchwood Lighting, a Tustin, Calif.-based manufacturer of high-end linear architectural LED luminaries, in its sale to Leviton Manufacturing Company, Inc., a leading provider of a number of sustainable, intelligent environments through its electrical wiring devices, network and data center connectivity solutions, LED lighting and lighting energy management systems, and security and automation applications.

Could the Fed have surprises in store for some investors? Mary Ann Hurley, Vice President, Fixed Income Trader with D.A. Davidson, believes it’s a possibility. Hurley addressed the idea in a MarketWatch article, “Will the Fed’s balance-sheet unwind catch investors by surprise?” written by William Watts.Read the full article here. 

With changing economic conditions, will the Federal Reserve raise interest rates again this year, as expected? Mary Ann Hurley, Fixed Income Trader at D.A. Davidson, said the markets don’t indicate that inflation is a problem. Hurley is quoted in “What rate hike? Fed may have to cut if Trump can’t boost economy,” a CNNMoney article by Paul LaMonica.Read the full article here.