A good economic report
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  A good economic report
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CARLHAYDEN
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« on: August 01, 2009, 12:53:57 AM »

Now, not all companies are suffering under Obama.

Whil the 'crony' firms are benefiting from our tax dollars being sent to them, there are other companies whose business has increased with Obama's installation.

From HartfordBusiness.com

Sturm Ruger Q2 gun sales, profits explode
07/30/09

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Southport firearm maker Sturm, Ruger & Co. Inc. said new gun models helped nearly double sales in the fiscal second-quarter, contributing to a 700 percent gain in net profits.

The company earned $8.7 million, or 46 cents a share, in the three months ended July 4, up from $1.1 million, or 5 cents a share, the comparable period a year ago.

Revenues in the latest quarter increased to $72.4 million from $38.7 million last year.

Sturm Ruger said the launch of its SR-556 sporting rifle and other new firearms aided the strong performance.

As a result, Sturm Ruger raised its second-quarter dividend to 12.3 cents a share. The dividend varies with quarterly operating income.

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Joe Republic
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« Reply #1 on: August 01, 2009, 04:36:07 AM »

Couldn't you have simply added this article to the one you posted last month instead of creating a new thread?

In any case, all I'll say is what I said last time:

Well, Democratic presidents tend to stimulate fear and loathing among gun owners and paranoid reactionaries, so this shouldn't be too surprising.
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opebo
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« Reply #2 on: August 01, 2009, 08:28:50 AM »

Why would you blame Obama for any of this, Heydan?
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