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
WELL WE SHOULD LET PEOPLE OWNGUNS WHEN THEY ARE OLD.LIKE WHEN THEY ARE 30 YAERS OLD!!!!
The justification for the 2nd amendment is "A well-regulated militia being necessary....", is always omitted by the gun proponents in their discussions. We always hear about hunting, protection in our homes, etc., but not the reason for the amendment to begin with. At the time of the Bill of Rights. the country was afraid of Pres. Madison and his tendancy to want to establish a national religion just a few years removed from our Revolution.
We don't need 30-50-round magazines!
SPIN as Much as YOU WANT..
MSNBC B.U.L.L. Shytte...as Usual...
Retailers Cannot keep their Shekves Stocked ..
Demand EXCEEDS Supply..
UND DER FURER OBAMA SPRECHEN...
NO MORE GUNS,,no More Dis und Dat..
Das is VERBOTTEN...
No One Trusts this Commie-in-Chief
At Least Obama has Helped ONE area ..of The Economy..
WRONG ! WRONG ! WRONG ! Get your facts straight !! Walmart is not caving in to MEDIA PROPAGANDA !! Walmart is selling guns hand-over-fist !! I just bought a Colt AR-15 at WMT !!
People are lined up out the doors at Academy, Gander Mountain, Walmart, B**** Shop, Cabellas and others waiting to buy guns of all types !! At least the MEDIA has improved the economy; especially for Sporting Goods Stores !!
Please take away any guns that hold more than 12 rounds in the clip while you're at it. There is no need for high capacity in any gun sold to the public.
There was a double murder in a neighboring county. These murders were accomplished done with a hammer. They did not pull the hammers from the shelves. Why pull the guns?
In China, where it is illegal to own a gun, someone murdered around twenty poeple with a knife. The destruction of human life will not stop until we bring the value of human life up in this country. Forty years ago we were not having these problems, but hey, God was still welcomed and taught in the schools. As a matter of a fact, children knew the Ten Commandments. What is that sixth one? Oh yes, "Thou shalt not KILL." Too bad we do not teach that in America anymore.
it not the guns killing people its nut jobs who choose to use the guns..if you take away the guns they will just use other weapons like home made bombs..or swords....parents need to understand if thier child is disturbed get them help..dont say hes my son he would never kill any one..thats bullcrap..
Get all the +10 round clips off the shelves, and start racially profiling white guys!
Make sure every gun-owner pays for their own mandatory psyche exam every two years!
Tell the gun-goobers they can't beat the local police force, let alone the US gov't-- in a firefight!
Have the Federal, State, & local gov'ts raise the taxes on each bullet till they cost $75.00 each!
Make it mandatory for gun-owners to become expert marksmen, at their own expense. If they need more than a 10 round clip to bring down a couple of bad guys simply means the gun-nuts are lousy shooters to begin with!
And lastly, let the gun-goobers whine their butts off!!
germany under Hitler 13 million murdered
Russia under Stalin 25 million murdered
Cambodia under Pol Pot 2 million murdered 25% of the population
the kurds, the armenians and all the other dictators around the world
thats why the United States does not have a king and will never have a dictator
remember why Japan did not invade the US as Adm. Yamato said their is a gun behind every door. today in Switzerland almost every home has automatic weapons and the Israelis are armed to the teeth at home.
Please do not! Leave me at the mercy of the insane! I have the right to defend myself in all circumstanses!
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] The major averages hold midday losses with the Russell 2000 (-0.8%) leading the retreat. Similar to the Russell 2000, the Nasdaq Composite (-0.3%) trails the S&P 500 (-0.2%).
Outside of the Russell 2000, equity indices have been relatively quiet through the first half of the action with many participants showing caution ahead of a busy week of economic data. Wednesday will feature the advance GDP reading for Q2 (Briefing.com consensus 3.2%) and the FOMC policy ... More
More Market News
With so much at stake, it's no wonder the activist investor was pushing for Family Dollar to be bought out.
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'