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
The frothing at the mouth anti-gun politicians will cram their laws down our throats just as the did with the health care law. Rights? You have no rights!
Pull down your pants, bend over and hope they use some KY jelly. They are getting ready to stick it to us again, it is going to hurt like a Mother F'er, and there is nothing we can do about it. Because men with brass balls long since given way to wimps like us.
Please sir, may I have another!
Guns are not the problem; neither is alcohol, cars, drugs. Liberals like to lay blame to material objects. They are afraid of the truth. When Andrew Kehoe used dynamite to blow up that school in Michigan in 1927, people didn’t blame the dynamite. They blamed Andrew Kehoe. Today’s media reverses it; they twist the story, word to sound like that poor man was a victim. The gun made him do it.
What if he walked into a kindergarten classroom with a baseball bat? Would the death toll be any less? A baseball bat is a lot quieter than a gun and doesn’t need reloading. No matter what material object was used to cause this tragedy, it was a dysfunctional human that caused it. If it’s not a gun it will be something else.
“Wake up America”
Take away a nations ability to defend themselves and you will wind up with a communist nation where the people are totally under government control. Look at what is taking place in seria right now and what was happening in Iran , uganda, mexico, Libya and countless other countries. If you think 20 helpless children was bad think of all the children murdered by the germans in wwll that never had a chance in life and then think of what could happen to your children and you if some bunch of fanatics were able to take over this nation with the sole purpose of killing every american over here. Think back to 9/11 and and all those lost lives in those planes and towers. Yea keep depending on the government to protect you and yours when a foreign country has invaded our soil if you want to take such a chance and just see how long your families will last Lets just turn in our arms and send a message to the world to come and take what you want. How much dumber can we become in this nation? By the way if our politicians are really concerned about children why are they allowing so many to be killed through abortions each year? I say it`s for a vote.
look at china`s news, twenty kids stabed at one of their schools about the same time as the killing here. you stop guns and knives
are used. they will find a way if they want to kill and be head line news stop giveing they so much news coverage.
Copyright © 2013 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.
More than 70 percent of the Class of 2012 took out loans. Oh, and they're seeing high unemployment, too.
- Wall Street finally notices Bitcoin
- Part-time workers hurt by on-call system
- 5 myths about late payments and your FICO scores
- Auto loan interest rates hit record low
- Should the US scrap the debt ceiling?
- Will new mortgage rules mean fewer lenders?
- Why GM, Chrysler are riding high
- Survey: Dashboard lights fail to send right message
- Can you opt out of Medicare?
[BRIEFING.COM] The major indices continue to run, no doubt helped by some short-covering activity. It hasn't hurt either that the preliminary reading for the December University of Michigan Consumer Sentiment survey showed a sharp jump to 82.5 (Briefing.com consensus 75.1) from 75.1 in November. That is the best reading since July 2013.
A drop in gas prices, the continued rise in stock and home prices, and encouraging labor market trends have been positive influence for the ... More
More Market News
The retailer labels the character's fake memoir as nonfiction. This comes weeks after it categorized the the Bible as fiction.