New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 7, 2013
10:21 EDTRGR, SWHCSchumer to move forward with gun background check bill, The Hill says
Senator Charles Schumer, a Democrat, was unable to reach a deal on expanding gun background checks after weeks of talks with two Republican senators, Tom Coburn and Mark Kirk, according to The Hill. Schumer, however, has decided to move ahead with the bill and try to convince other GOP senators to back it, the website added. Reference Link
News For SWHC;RGR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 5, 2015
17:30 EDTRGR, 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.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use