Not exact matches
The 202 - year - old company, which owns
gun manufacturers including Bushmaster and Marlin,
said its sales fell 30 % last year to $ 600 million.
The firm has had «intense conversations over the last few months» with those kinds of
gun manufacturers to tell them it won't finance their operations in the future, she
said.
Finucane
said Bank of America also won't underwrite securities issued by
manufacturers of military - style
guns used by civilians.
«When people feared there would be increased
gun regulation, they went out and bought more
guns,»
said Kevin Cassidy, an analyst at Moody's Investors Service, who covers the
gun manufacturers.
Earlier this week the Remington Outdoor Company, one of the country's biggest and oldest
gun manufacturers,
said it would seek Chapter 11 bankruptcy protection amid plunging sales and mounting losses.
Diane Zappas, a spokeswoman for PNC Financial Services Group,
said that the company, which is «continuing to consider these issues,» had discouraged new loans to
gun manufacturers since 2013 and had «very limited exposure» to clients that manufacture AR -15-style rifles like the kind used in the Parkland shooting.
Connecticut State Treasurer Denise Nappier
said the state is open to selling public pension funds» positions in firearm
manufacturers if the companies don't take measures to curb
gun use by dangerous people.
Sanders had
said that Sandy Hook massacre victims shouldn't be able to sue
gun manufacturers who made legal weapons used in the tragedy.
The package of bills also allows victims of
gun violence to sue the firearms
manufacturer for negligence,
said Sen. Jamaal Bailey.
US Sen. Chuck Schumer
said he wants the federal government to use its «massive purchasing power» to put the financial screws to
gun manufacturers who deal with shady weapon sellers.
«You made a product that is inherently dangerous and you didn't take the proper precautions to protect people,» Mr. Cuomo
said of
gun manufacturers.
Hoylman
said a simple Google search led him to the site of a
manufacturer — Slide Fire Solutions — that sold the devices, which allows semi-automatic rifles to mimic machine
guns.
Meanwhile, the state comptroller
says he's thinking of divesting the state's pension fund from investments in
gun manufacturers.
«I don't understand how the mayor, who wants to be characterized as a national leader on
gun control, has allowed his people to vote against divesting from
gun manufacturers,» he
said.
He also attacked David Hogg, another shooting survivor, as a «bald - faced liar» for comments he made on CNN in which Hogg
said the leader of the National Rifle Association was working with
gun manufacturers to control Congress.
«Not one additional child shall fall victim to the insanity that the
gun manufacturers have over our country and those to profess to represent us all,» Miami - Dade Public School Superintendent Alberto M. Carvalho
said.
The controversial founder of Defense Distributed, a
manufacturer of 3D
gun printers, has
said his company is flourishing, in part due to bitcoin.
Intel is
said to be using this opportunity to
gun for more chip contracts with Apple and other
manufacturers in the future.
CoinDesk The controversial founder of Defense Distributed, a
manufacturer of 3D
gun printers, has
said his company is flourishing, in part due to bitcoin.