Retailers start to pull some rifles from shelves
Dick's Sporting Goods and Wal-Mart suspend some gun sales after last week's shooting in Connecticut.
Dick's Sporting Goods (DKS) has suspended sales of its modern rifles nationwide. It's also taken all of the guns off the shelves at its store near Newtown, Conn., where a 20-year-old gunman opened fire at an elementary school last week, killing 20 children and six educators.
The company said it took those actions out of respect for the victims and their families in this time of national mourning.
The gunman, Adam Lanza, used one of the Bushmaster AR-15 guns in his deadly rampage. A semi-automatic version of the weapon is popular for civilian sporting use, The Dallas Morning News reports. The large retailers selling assault weapons include Dick's, Cabela's (CAB) and Wal-Mart (WMT).
Wal-Mart has stopped showing the Bushmaster Patrolman's Carbine M4A3 rifle on its website as well, according to The Nation. There is no word whether Wal-Mart will stop selling the weapon at its stores, however. But Wal-Mart's site still shows that it's selling other guns at its stores, including the Sig Sauer M400.
Cabela's meanwhile, has stocked up on guns and ammunition heading into the fourth quarter -- largely a bet on surging gun sales after the presidential election. Here's what CEO Thomas Millner said in October, according to the Atlanta Business Chronicle:
"At least coming in to the fourth quarter, we’ve taken a pretty aggressive position in inventory commitment to both guns and ammunition. So that’s a starting point. Clearly, if the president’s re-elected, I would expect some surge beyond the current levels, which are really good. And if Gov. Romney is elected ... I still think we’re gonna see gun growth next year. It probably won’t be at the same pace. ... So it’s probably a difference of degrees as we sit here today, but we’re doing a lot of stuff in our stores to make sure we are the easiest, fastest place to shop for your firearms purchases."
More from Money Now
- $85 for a 6-pack? Beer fans shell out for rare brew
My E-mail to FOX News, although it applies to all of the media outlets:
To whom it may concern,
STOP IT! Newtown, Columbine, etc. These events are virtually ALL YOUR FAULT! Stop turning loser **** loners into superheroes whose names are household words. Some troubled loner kid with mental issues who in the past may have chosen to kill himself and become nothing m...ore than a local story can now be a household name; lionized in the nation’s history. "Yeah they will all finally know who I am!!!" he'll think to himself. When we’re dealing with day after day 24hrs of NEWTOWN TRAGEDY on TV, How can you and the rest of the media not realize that you are the driving force behind much of these mass shootings? The real tragedy in all of this is you have sold your souls for ratings and money.
Fox news I realize is not responsible for 911, or Syria, the fiscal cliff, etc. This is a different story. Here you have some direct connection to the next guy who will try to one-up this event as he goes for "the record" in attempt at going out in the next blaze of glory. He'll be expecting his own 24/7 coverage, with his own “tragedy graphics”, and “theme music” on all the major media outlets. His face will be all over the internet, his every utterance since birth analyzed, and Shepard Smith or Greta Van Sustren talking about him like they were old friends. The President of the United States will talk about him on live TV and millions around the globe will know and marvel at what he has done. You’ve interviewed 8 year olds at the scene of this shooting. How heartless is that?! The coverage is disgusting and exploitative.
Who pays for this in the end? Who pays for your epic ratings and "scoop"? WE DO! My children in school, the teachers who have to worry if their classrooms are safe, and the community at large all have to worry about the next disturbed attention whore because you made the last one a celebrity! I have a gun safe with a few weapons. What will I and millions of other law abiding Americans do when you have sensationalized us into gun control frenzy and the ATF shows up at our doors to collect up semi-automatic weapons? What will the unseen consequences be from your irresponsible reporting? Some people will not willingly give up their guns. Will thousands of people again be killed in an effort to collect these guns? Think of the ratings from this. WOW! You will make millions. The coverage by my favorite media outlet, FOX; and all the other networks has been disgusting and put the American people in danger from the next mentally unstable loner nut job. You should be ashamed.
You can not create legislation for 300 million people because of the actions of less than 1000th of 1 percent of the people are defective mentally. At least to the point they would murder people. Because at least 15% of the people today are fracked in one way or another.
guns dont kill people, people kill people. that punk in con. if he didnt have a gun, he woulda used a knife or a bat or whatever, he was going to kill people, he just got a hold of his moms weapons. so all you frickin liberals quit whining, its not the guns, its the idiots behind them.
Lets see now. The government passes a law banning assault type guns. Once that is completed it is a very short step to banning semi-automatic hunting guns. Then a short step to semi-automatic hand guns. Then a short step to shotguns. Then a short step to revolvers. Then a short step to ANY firearm whatsoever. Then "they" just come and get whatever or whomever they want.
I wonder if all of the games that these kids are watching / playing day after day after day where they are blowing people to bits (body parts flying everywhere) is effecting them at all.....when the game is over, everybody is O.K. That is not reality. We are "programming" them little by little. In "game life" it seems to be O.K. to kill everything is sight, so why not go into the real world and do the same thing??
There are so many problems that I am afraid that we have gone a bit too far.
This is the stupidest thing I ever heard of, Why not stop selling cars because of DWI deaths, Stop selling cell phones because of text message deaths, uhhhh the list goes on and on and on.
This is all people responsible death and killing.
Guns are not the problem, People are the problem. People are killers. If that scum bag that shot those kids could not get a gun , he would have used a pipe bomb or poisoned the lunch , whatever, people JUST DON'T GET IT, The a-----e killed himself so there is no one to blame or prosecute so let go after the guns.
I am a parent and I am sickened by what happened But I am also a gun owner,
Looks like some businesses will do anything for sales , like gain sympathy over kids deaths, so WE WILL STOP SELLING GUNS, Yeha right lets see what there doing in 6 months.
More scumbag manuvers.
Thumbs up to Walmart and Cabela's for not reacting to the irrational attitude of the anti-gun crowd, who seem to think that more gun laws will help psychopaths to become law abiding citizens. Law abiding citizens have the responsibility and the right to defend themselves and their families against the law breakers and lunatics who prey on the defenceless of society. This was graphically demonstrated last Friday- what more defenceless segment of society than children? Taking away the ability of the lawful to defend themselves and those under their care is not common sense. Last week in China a mad man went into a school and killed 20+ children with a knife! Is the answer to that to take away all knives?
Winston Churchill said it well: "A gentleman will seldom if ever need a pistol. However, if he does, he needs it very badly." The ability to defend yourself does not make you uncivilized, it protects you from those who really are uncivilized.
Walmart and Cabela's will continue to get my business as long as they continue to conduct their business in a sane and rational manner.
What if you got to keep all your guns, but mentally unstable individuals could not? What if you got to keep all your guns, but violent felons could not? What if you got to keep all your guns, but the person planning the next act of terrorism on US soil could not simply go to a gun show and walk out with a van full of easily converted to fully automatic weapons? You keep yours, provided you’re not mentally ill, violent felon, or a terrorist, and they give up theirs. What if that cut the murder rate in ½? What if it saved someone you love?
“God Bless America, Land That I Love!”
Mob rules. Good luck. Without compromise, we are truly lost.
Do not think that I have come to abolish the or the ; I have not come to abolish them but to fulfill them. I tell you the truth, until heaven and earth disappear, not the smallest letter, not the least stroke of a pen, will by any means disappear from the Law until everything is accomplished. Anyone who breaks one of the least of these commandments and teaches others to do the same will be called least in the kingdom of heaven, but whoever practices and teaches these commands will be called great in the kingdom of heaven. For I tell you that unless your righteousness surpasses that of the and the teachers of the law, you will certainly not enter the kingdom of heaven (5:17-20).
Adam Lanza's mom bought guns to protect herself. She was killed with her own guns. Gun owners are 3 times more likely to die by firearms than those who don't own guns. That's a fact. Gun owners only endanger themselves by owning guns.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] S&P futures vs fair value: -5.50. Nasdaq futures vs fair value: -20.30. The stock market is on track for a modestly lower open with futures on the S&P 500 trading six points below fair value. Nasdaq futures, meanwhile, underperform (-20 pts v fair value) due to noteworthy pre-market weakness in the shares of Amazon.com (AMZN 317.98, -40.63) after the online retail giant missed bottom-line estimates and forecast a wider than expected operating loss for Q3. ... More
More Market News
Tighter regulations and the end of a lengthy bull market in bonds have changed the landscape forever.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'