News

Aerospace giant Boeing has announced plans to move thousands of jobs out of southern California, furthering a shift that has been in the works for years.

D.A. Davidson & Co. has served as exclusive financial advisor to Quarter Group, LLC, a real estate investment company, in its definitive agreement with Pacific Western Bank to acquire and leaseback bank-owned properties in California.

D.A. Davidson & Co. has served as exclusive financial advisor to Glacier Bancorp Inc. (NASDAQ: GBCI) in its agreement to acquire TFB Bancorp Inc. (OTC Pink: TBBN), the holding company for Foothills Bank, a community bank in Arizona.

D.A. Davidson & Co. has served as sole underwriter for two bond offerings totaling more than $73 million for the Jubilee Academic Center, a Texas nonprofit, open enrollment and tuition-free public charter school organization. The offerings were developed to allow the Center to purchase four properties and refinance another office, providing permanent housing for its academies in several Texas cities.Eric Duran, managing director of public finance with D.A. Davidson, worked alongside the Jubi...

D.A. Davidson & Co. has served as financial advisor to Olympia, Wash.-based Thurston First Bank in its strategic merger with Commencement Bank (OTCQX: CBWA), headquartered in Tacoma.The combination creates an institution with a strong presence along the Interstate 5 corridor in Washington. The two banks now operate under one charter, with Thurston First acting as a division of Commencement Bank.Full details can be found here.

D.A. Davidson & Co. has served as co-manager for the initial public offering of Acushnet Holdings Corp. (NYSE: GOLF).

Davidson Investment Advisors, an asset management company, today announced that Andrew Elofson has been promoted to Vice President, Portfolio Manager.In his new role, Elofson will co-manage the firm’s taxable fixed income investment strategy. He previously served as a senior research analyst, supporting Davidson Investment Advisors’ equity and fixed income strategies.“Andrew has been a key member of our investment team since joining D.A. Davidson in 2013, providing valuable ins...

Five participating schools earn profit-sharing checksD.A. Davidson & Co., an employee-owned, full-service investment firm with a national scope, today announced that a student team from Montana State University had the top-performing portfolio in the company’s annual Student Investment Program (SIP).In the program, students in senior-level investment courses at 20 western U.S. public and private universities begin each school year with $50,000 to invest in the stock market. Montana Sta...

Students at Gonzaga Awarded $2,000 and Trip to D.A. Davidson ConferenceD.A. Davidson & Co., a full-service investment firm with a national scope, today announced that a team of students from Gonzaga University in Spokane has been named the winners of the 2nd Annual Fred Dickson Memorial Award. Named in honor of D.A. Davidson & Co.’s late chief market strategist, the Fred Dickson Memorial Award is given annually to the participating team that demonstrates overall excellence and adhe...

What does the future hold for Mentor Graphics? Senior Research Analyst Tom Diffely discusses his bullish perspective in the Portland (Ore.) Business Journal article “Is Mentor Graphics for sale” by Malia Spencer.Read the full article here.