Sturm, Ruger & Co., Inc. (RGR) is an American, Southport, Connecticut–based firearm manufacturing company, better known by the shortened name Ruger. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969. Ruger produces bolt-action, semi-automatic, and single-shot rifles, shotguns, semi-automatic pistols, and single- and double-action revolvers.
Reported after close today (5/2/16) Earnings: EPS $0.81 Revenue $173.1M Estimates: EPS $0.96 Revenue $147.4M Up 5.01% after hours today
Would a Donald Trump presidency be bad for the gun business? Say what you want about President Barack Obama, but you can't deny that his presidency has been great for the gun business. When Obama took office in January 2009, there was panic among the gun-owning and -buying community that the new president would move quickly to change existing gun laws. Depending on who you asked, those fears ranged from restricting the types of guns Americans could own to striking down the Second Amendment and sending troops into people's home to confiscate their guns. Read full article here: http://www.msn.com/en-us/money/comp...idency-be-bad-for-the-gun-business/ar-BBtyV8i
Gun-related stocks plunge on reports of slowing background checks Shares of gun stocks Smith & Wesson (SWHC) and Sturm, Ruger & Co. (RGR) stumbled Friday on reports that a background check system run by the FBI showed slowing growth in May. Read full article here: http://www.msn.com/en-us/money/comp...ports-of-slowing-background-checks/ar-BBtPZMt
Ugly truth about these mass shootings is that they tend to make gun stocks rise. Lots of people start fearing tighter gun regulations and want to load up on guns.
