Big investors that value social responsibility could use their stakes
in gun makers and retailers to force those companies to make changes.
Shares
of gun makers tend to drop in the immediate aftermath of a shooting and are mostly trading higher three months later.
A national campaign asks law enforcement officials and investors to use their buying power to
persuade gun makers to take steps to reduce gun violence.
It would also require the employees
of gun makers to undergo background checks.
The world's largest asset manager says it plans to speak
with gun makers following public outcry sparked by the school shooting in Florida.
BlackRock says, for example, that it is
asking gun makers questions like, «What steps do you take to support the safe and responsible use of your products?»
Republican Rep. Claudia Tenney's bid for a second term was endorsed Monday by the United Mine Workers of America, the labor group whose local represents workers at
gun maker Remington Arms.
The world's largest asset manager says it plans to speak with
gun makers after a wave of public outcry sparked by the Florida school shooting last week.
Earlier this month, American Outdoor Brands Corp. forecast weak firearm sales for at least a year, becoming the
latest gun maker to report disappointing quarterly results.
A move by the Trump administration to make it simpler to sell small arms abroad may provide some relief to
gun makers American Outdoor Brands and Sturm Ruger & Company in an industry grappling with a deep sales slump since the president's election.
«Since Scott's first year in office, the governor has sought to
bring gun makers to Florida,» Florida Bulldog reporter Dan Christiansen wrote Feb. 20.
serial numbers production dates; 76 + 5 digits s6 + 5 digits: 1976: s7 + 5 digits s8 + 5 digits: 1977: s7 + 5 digits s8 + 5 digits s9 + 5 digits: 1978 Though the US government has inspection processes for military goods, there is no proof house of any sort for domestic
US gun makers.
In a post on Twitter on Tuesday, David Hogg remarked on the firms» ownership of
gun maker stocks, adding «if you use them, feel free to let them know.»
On the Democratic side, the appeal of stronger gun laws was evident in Clinton's attacks on rival Bernie Sanders over his past votes against background check laws and for limits on lawsuits
against gun makers.
Both spur more sales
for gun makers and strengthen their investment appeal.
Even before recent mass shootings that killed dozens of people, a group of nuns quietly put together a plan to pressure gun makers
Also in March, the investment firm BlackRock said it would be
canvasing gun makers and retailers to determine how they will act following the shooting in Parkland, Florida.
The publicly
traded gun makers Sturm, Ruger & Company and American Outdoor Brands both lost about a quarter of their market value in the days after Mr. Trump's victory.
BlackRock could even
push gun makers to stop producing such weapons altogether.
Wells Fargo stemmed the tide of the push for new financial restrictions
on gun makers and sellers by stressing that it is not a bank's job to set U.S. gun policy.
In February, 200 - year -
old gun maker Remington filed for bankruptcy, beset by reduced sales and ongoing lawsuits linked to the Sandy Hook Elementary School Massacre, during which shooter Adam Lanza used one of the company's weapons.
On Sunday,
storied gun maker Remington Outdoor Co. filed for Chapter 11 bankruptcy, buckling under its debts.
There's a $ 1.2 billion offer on the table to
purchase gun maker Remington Arms, and even though Remington's owner has been looking for a buyer, it reportedly isn't taking this one seriously.
Land Rover and British
handmade gun maker Holland & Holland have collaborated to create the most expensive and luxurious Range Rover ever.
We are not an anti-gun law firm out to put American
gun makers out of business.
The world's biggest asset manager announced Thursday it will soon offer investment strategies and ETFs that
exclude gun makers and retailers.
For gun - control advocates, any business that invests
in gun makers or retailers may seem an anathema.
Smith & Wesson (swhc), one of the countries
largest gun makers, beat the S&P 500 by almost 10 percentage points in the year following the December 2012 massacre of schoolchildren in Newtown.
Amid increased corporate focus on gun safety, BlackRock says it will
ask gun makers to rethink how they sell their products.
«We have reached out to the AFT to set up a meeting and that's on - going,» Sloan said in response to the questioner, while continuing to defend the bank's decision not to stop doing business
with gun makers.
A fresh wave of scrutiny for pensions and money managers that own stocks of
gun makers after the deadly shootings in a Florida high school.
American Outdoor Brands Corp. forecast weak firearm sales for at least a year, becoming the
latest gun maker to report disappointing results as lawmakers discuss tougher regulations.
«Since Scott's first year in office, the governor has sought to
bring gun makers to Florida,» Florida Bulldog reporter Dan Christiansen wrote Feb. 20.
Bailey told the co-hosts that she's very Though the US government has inspection processes for military goods, there is no proof house of any sort for domestic
US gun makers.
Speculative media articles like «3D printing could make anyone
a gun maker» make it sound like we're on the brink of some 3D - printed gun revolution, where anyone could instantaneously just print out a gun capable of mass destruction.
With BlackRock being by far the leader in the $ 3.4 trillion ETF space, with nearly $ 1.4 trillion under management, the firm theoretically could exert some pressure on the index providers to remove
the gun makers from their listings.
In the case of the larger and broad - based ETFs, it is almost impossible not to have some exposure to
a gun maker.
None of the bonds are directly used to finance
any gun maker.
It is impossible to apply that approach without some very small exposure to
gun makers or ammunition makers or the chemical companies that support them or the shipping companies that deliver guns or the retailers that sell them.
So owning an ETF of that index automatically includes that
gun maker.
Part two involved the US stock market and bond market and Cumberland's investment policy and how it relates to the three public companies that constitute
the gun makers whose shares trade on the US exchanges and are thus part of a stock index.
Wall Street has started to rethink its close ties with
gun makers, especially since the shooting in Parkland, Fla., in February that left 17 people dead and touched off a series of protests and boycotts against companies linked to the firearms industry.