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March 5, 2013

Smith & Wesson sales surge amid political push for gun control

  • $14.6 M in net income for Smith & Wesson in the third financial quarter, the results of which were released today — a quarter which included the tragic massacre at Sandy Hook Elementary in Newtown, Connecticut. 
  • $4.4 M in net income for the company during the third quarter last year — meaning there’s been a tripling in income from one year to the next, broadly attributed to a rush of consumers fearing impending gun control legislation. source

22:04 // 1 year ago
January 15, 2013
We suspect this will be less shocking to those of you already familiar with the violent crackdowns taking place in Bahrain, but most will likely find it discomforting nonetheless. Government officials from both the United States and Bahrain have insisted that the ordinance being sold by the Department of Defense couldn’t/wouldn’t be used against the Persian Gulf nation’s civilian population; however, some reports suggest that attacks with American weaponry have already occurred. source

We suspect this will be less shocking to those of you already familiar with the violent crackdowns taking place in Bahrain, but most will likely find it discomforting nonetheless. Government officials from both the United States and Bahrain have insisted that the ordinance being sold by the Department of Defense couldn’t/wouldn’t be used against the Persian Gulf nation’s civilian population; however, some reports suggest that attacks with American weaponry have already occurred. source

16:43 // 1 year ago