gun manufacturers

Guns are big business, with lots of investors. Weapons sales in the US last year totaled $12.4 billion, up from $10.3 billion in 2016. It's the fiduciary duty of the diversified investment manager to look beyond the performance of a handful of weapons companies to how gun sales affect the broader economy.

Dirkson Davis, lead assembler completes each pistol and places the Light Compact Pistol on a rack for the next phase of production. (Courier file photo). mugshot photo. By Scott Orr. Originally Published: April 1, 2018 6:05 a.m.. AZNewsguy. In the run-up to the 2016 presidential election, when pollsters predicted a win for ...

Remington Arms Co., an American gun company with roots stretching back over 200 years, has filed for Chapter 11 bankruptcy protection. Saddled with almost $1 billion in debt and a victim of shifting market trends, Remington, like many other gun companies, faces a constant uphill battle wrought with ...

Your money may be funding gun manufacturers, and you might not realize it. At least three publicly traded gun makers, including American Outdoor Brands, which made the AR-15 used in the Parkland massacre, receive investment from major mutual funds. Investors have been scrutinizing their stocks in ...

Reuters reports that Remington, among the largest gun and ammunition companies in the U.S., filed for Chapter 11 bankruptcy protection on Sunday. The news wasn't unexpected: Remington sought financing last month that would allow it to file for bankruptcy. The company holds almost a billion dollars in ...

Yesterday, Remington Outdoor Company, the oldest gun company in the United States, filed for bankruptcy. Along with over $1 billion in debt, the 200-year-old company saw sales tumble to $603 million last year, which is reportedly half of what it was netting in 2013. It might seem logical to peg Remington's ...

Despite all this, very little activism in the U.S. focuses on holding gun manufacturers legally accountable for their wares. Gun violence protesters focus on school safety, background checks, mental health treatment, and gun training. While this is all well and good, the only demonstrated mechanism for ...

Voting your proxies or filing shareholder resolutions (any shareholder who owns more than $2,000 in stock or 1% of the company can do this) are two ways you can encourage change in corporate behavior. Aligning your portfolio with your values — whether that's eliminating gun manufacturers or something else — may ...

“Sturm, Ruger, which recently sold more ARs than any other gun company, is located less than a mile from the Westport border,” said Kraut, ... is many gun companies' “golden goose,” boosting their sales, especially in recent weeks since the shooting in Parkland, Fla., and allowing gun manufacturers to ...

So yes, in nearly all cases – gun manufacturers can't be sued if someone uses their gun in a deadly shooting. However, there are exceptions which will let a gun manufacturer be sued, but they're usually very hard to prove. One example, the gun manufacturer would have to know the person plans to use ...

YouTube has updated its policies on content featuring firearms, leading to the suspension of a large gun manufacturer and forcing popular gun content creators to remove videos from their channels. “While we've long prohibited the sale of firearms, we recently notified creators of updates we will be making ...

The Bay State already possesses some of the strictest gun-access laws in the country, but since the Parkland shooting, some, like Ehrlich, Creem and Goldberg, believe the state can do more. And the Parkland, Fla. shooting has pivoted the public debate on gun manufacturers, like Smith & Wesson. Outside ...

... like Smith & Wesson and Remington. Those same gun companies are now facing pressure from state and municipal pension funds, such as in Massachusetts, California, Connecticut, Florida, New Jersey and New York City, which have threatened to pull investments from gun manufacturers ...

T. Rowe Price Group Inc. says it's leaving decisions about whether to invest in gun and ammunition manufacturers up to its portfolio managers. The gun debate in the U.S. has permeated the financial industry after 17 people were killed last month at Stoneman Douglas High School in Florida. In the wake of ...

ATLANTA - An Atlanta-based small business lender has made a major change to their policy when it comes to working with companies in the gun industry. Kabbage, an independent, online loan company in Midtown, announced it will no longer do business with companies that manufacture or sell ...

Kennedy wants Illinois to pull pension investments from gun companies .... “They just disinvested from the broad category index funds and reinvested in broad category index funds that exclude investments in gun manufacturers,” Kennedy said. “There's nothing easier to fix than this problem and we ought to do it ...

It also said it will more actively engage with gun manufacturers, and in some instances vote against the wishes of company management. In response to American Outdoor, BlackRock said: “Responsible business policies and practices are critical to firearms manufacturers' long-term prospects.” “We will ...

ILLINOIS (WCIA) -- In a race increasingly defined by money, Democrats running for governor continue to clash over how much they have, how much they spend on their campaign, and how much they invest in companies whose interests may run counter to their own political platforms. Democrat Chris ...

This is particularly true when the increasing Pentagon budget leans more and more toward big ticket, high-tech items. As a March 1 article in the Socialist Worker documented, the military and gun manufacturers are symbiotic. The need for firearms for soldiers creates factories that produce similar weapons ...

“They just disinvested from the broad category index funds and reinvested in broad category index funds that exclude investments in gun manufacturers,” Kennedy said. “There's nothing easier to fix than this problem and we ought to do it immediately.” Meanwhile, Kennedy launched a new TV ad featuring ...

With regard to arming teachers, what the National Rifle Association and its supporters are proposing is nothing less than a domestic arms race. And who benefits from this arms race? Call me cynical, but I'm thinking it's the gun manufacturers. There is another name for it — mutually assured destruction.

Did you know that just by buying a bike rack to get to your favorite mountain biking trail, a helmet for your kid's first bike, or a stove to prepare a campsite feast, you could be supporting the NRA's agenda? Following the horrific Valentine's Day massacre at Florida's Parkland High School, many cyclists were ...

You have reaped significant benefits from your investment in gun manufacturers, but have done little to reduce the violence and murders caused by their products,” wrote Senator Warren. “I encourage you take action to ensure that the gun companies in which you invest are taking steps to reduce gun ...

An online petition was introduced this week asking Vanguard, one of the largest providers of retirement funds, to divest from gun companies. More than 2,000 people signed the petition within the first 24 hours. “If you have a 401K managed by Vanguard, then you are likely invested in the gun business,” ...

Gayle Slossberg said Thursday she was “surprised” to hear that the state still had investments in gun companies and that she will push to divest from those companies in light of another mass shooting. State Treasurer Denise L. Nappier announced late Thursday that she is considering divesting the state's ...

The stock of American Outdoor Brands (AOBC), the owner of Smith & Wesson, tumbled 25% in February and is trading at its lowest level in almost five years. Sturm Ruger (RGR) fell 19% to a three-year low. Vista Outdoor (VSTO), which makes guns and ammunition, is down 12% since the school shooting ...

ENGLEWOOD, Colo. (CBS4) – Colorado's public employee pension fund invests more than $1 million in companies that make guns and ammo used in the country's worst mass shootings and there are no plans to change that. gun control rights debate generic Pensions Investment In Gun Companies ...

Consumers in favor of greater gun control in the United States are increasingly aware that to influence corporate behavior, it helps to speak with their wallets; meanwhile, companies are reacting to the heat — or trying to get ahead of it — as calls for boycotts and more sweep the nation. Take the case of ...

WASHINGTON — As Congress steps into a familiar snarl over gun restrictions, US Senator Elizabeth Warren is calling on deep-pocketed investors in gun companies, including Boston-based Fidelity Investment Management, to use their leverage to demand change from the weapons industry.

ICCR members have filed motions with the two largest listed US gun companies, Sturm Ruger and American Outdoor Brands (formerly Smith & Wesson) requesting reports detailing the companies' efforts to make their products safer. It's a move that could bring pressure to bear on gun companies to do ...

Once again, the country is in conflict over gun violence. The latest, heart-breaking shooting that left 17 dead at Stoneman Douglas High School in Parkland, Florida, has prompted students to take to the streets, President Donald Trump to advocate for arming teachers and the National Rifle Association to go ...

on Tuesday called on nine gun company shareholders to use their positions to demand change in the arms industry following a deadly shooting at a high school in ... Warren wrote to several companies which hold large stakes in AOBC and gun manufacturers Sturm, Ruger & Co., and Vista Outdoors.

But if you have a pension or a 401(k) or an investment in index funds, there's a good chance that, directly or indirectly, you own shares of one or more gun manufacturers. Like it or not, that means that your financial incentives are at least partly aligned with those of gunmakers. And in general, the more guns ...

With the aid of advertising that draws on a video game aesthetic, gun companies and their allies, including the National Rifle Association, have ... The chief executive of the gun manufacturer Sturm Ruger, Christopher Killoy, told investors in May that, although sales were down, the industry is better ...

New Jersey has dumped its pension investment in a semi-automatic rifle manufacturer as the debate over guns swirls across the nation. The $76.7 billion pension fund for government workers last week sold a $1.9 million stake in Vista Outdoor, the State Investment Council disclosed Wednesday.

Academic activists have also spoken out against gun manufacturers' lobbyists, particularly the National Rifle Association, which has drawn stark battle lines between its members and educators. In a 2017 video available on YouTube and broadcast on NRA-TV, spokeswoman Dana Loesch uses a tone of ...

MADISON, Wis - Wisconsin public employees, including teachers, own shares in a major gun company. Many of them are investing ... When asked if the State of Wisconsin Investment Board is considering divesting with the gun manufacturer, a spokeswoman refused to comment. She said the board hasn't ...

Remington, one of the United States' largest gun manufacturers by volume, reported sales of firearms in 2016 reached $437.8 million, up 16.7 percent from the year before. It said sales of “modern sporting rifles,” which includes firearms like the AR-15, increased $34.2 million that year, though it didn't ...

BlackRock has some questions for gun companies about their response to the school shooting in Florida. The giant investment management company "will be engaging with weapons manufacturers and distributors to understand their response to recent events," spokesperson Ed Sweeney said in a ...