Remington Outdoor Co., one of the largest firearms makers in the United States, said on Monday it planned to file for a Chapter 11 bankruptcy deal as part of a plan to lower its debt and turn around its slumping business. (fortune.com)
Shares of firearm makers surged on Thursday after a strong quarterly report from Smith & Wesson Holding Corp, adding to gains this week after a shooting at a gay nightclub in Florida in which 49 people were killed. (fortune.com)
Bank of America has helped finance Vista Outdoor Inc., an outdoor goods and shooting industry brand, and Remington, a bankrupt firearms maker. (fortune.com)