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Stock Market & Financial Investment News

News Breaks
December 18, 2012
11:00 EDTRGR, SWHCCerberus to sell stake in gun maker following Connecticut tragedy
Private equity firm Cerberus said it would immediately sell its controlling stake in the Freedom Group, which made the weapon used by the gunman who killed 20 children in Connecticut, media outlets reported. Cerberus' decision comes in the wake of a statement by the California State Teachers’ Retirement System, or CALPERS, which said yesterday that it would evaluate its investment in Cerberus due to the tragedy. Publicly traded gun makers, including Smith & Wesson (SWHC) and Sturm, Roger & Company (RGR) are falling sharply in mid-morning trading.
News For SWHC;RGR From The Last 14 Days
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July 28, 2015
19:10 EDTRGROn The Fly: After Hours Movers
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17:08 EDTRGRSturm, Ruger declares Q2 dividend of 36c per share
The company announced that its Board of Directors declared a dividend of 36c per share for the second quarter for stockholders of record as of August 14, payable on August 28. This dividend varies every quarter because the company pays a percent of earnings rather than a fixed amount per share. This dividend is approximately 40% of net income.
17:06 EDTRGRSturm, Ruger reports Q2 EPS 91c, consensus 78c
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July 24, 2015
09:41 EDTRGRSturm, Ruger initiated with a Buy at BB&T
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09:41 EDTSWHCSmith & Wesson initiated with a Hold at BB&T
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