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December 17, 2012
10:34 EDTRGR, SWHC, CABGun manufacturers, retailer fall as calls for gun control intensify
Gun manufacturers and a retailer that sell firearms are sinking after the horrific school shooting in Connecticut on Friday led to calls for stricter gun control laws. In early trading, Smith & Wesson (SWHC), a gun manufacturer, tumbled 4.82% to $8.69, while its competitor, Sturm Roger & Co. (RGR) fell 1.80% to $44.75. Cabelas (CAB), a retailer that sells guns, slipped 3.32% to $42.47.
News For SWHC;RGR;CAB From The Last 14 Days
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October 5, 2015
17:30 EDTCAB, RGR, SWHCGunmakers surge as Clinton vows regulatory reform
Shares of gunmakers Smith & Wesson (SWHC) and Sturm Ruger (RGR) advanced Monday after presidential candidate Hillary Clinton reaffirmed her vow to expand firearm regulations following last week's Oregon shooting. REGULATORY PROMISES: Speaking at a New Hampshire town hall meeting, Hillary Clinton outlined her plan to reduce gun violence across the United States. The presidential candidate vowed to close loopholes affecting sales at gun shows and over the Internet, no longer permitting private sellers to skip background checks. Additionally, the Democrat promised to revise the so-called "default proceed" rule, which currently allows gun sales to proceed without background checks if that check is not completed within three days. Clinton also said she would strive to repeal a law preventing victims of gun crime from suing the firearm manufacturers themselves, and called for comprehensive background checks to "keep guns out of the hands of domestic abusers, other violent criminals, and the severely mentally ill." PRICE ACTION: Shares of Smith & Wesson and Sturm Ruger rose a respective 7.29% and 2.75% during Monday's session, while hunting retailer Cabelas (CAB) advanced 2.88%. The positive moves come after a reported surge in gun sales on fears of sharply increased regulations, with Clinton notably promising to "take administrative action" on the issue.
September 25, 2015
17:01 EDTCABCabela's expects to open 9-10 new retail stores in 2016
Cabela's currently expects to open nine to ten new retail stores in 2016, or between 650,000 to 750,000 square feet of new retail space, and is evaluating store locations and counts beyond 2016.

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