OldMarineVet Posted September 19, 2017 at 08:16 PM Share Posted September 19, 2017 at 08:16 PM Market Chatter: Sturm, Ruger & Company, Other Gun Stocks End Sharply Higher After Report Trump to Ease Gun Sales to Foreign Buyers 4:09 PM ET, 09/19/2017 - MT Newswires 04:09 PM EDT, 09/19/2017 (MT Newswires) -- Sturm, Ruger & Company (RGR) and other gun-related stocks closed sharply higher after Reuters said late in the session U.S. President Donald Trump's administration is preparing to make it easier for American gun makers to sell small arms, including assault rifles and ammunition, to foreign buyers. Aides to President Donald Trump are completing a plan to shift oversight of international non-military firearms sales from the State Department to the Commerce Department, four senior officials reportedly told Reuters. The new rules will cut government red tape and regulatory costs, boosting U.S. exports of small arms and creating jobs at home, they reportedly said. The administration has all but finalized a draft of the new rules, which could be sent to the White House budget office for review within days, one U.S. official told Reuters. Link to comment Share on other sites More sharing options...
C0untZer0 Posted September 19, 2017 at 08:57 PM Share Posted September 19, 2017 at 08:57 PM The State Department sells M16s and M4s to Mexico's Federal Police "Federales" and Mexico's military and about 26% of it goes missing out of Mexican armories every year. Link to comment Share on other sites More sharing options...
ChicagoRonin70 Posted September 19, 2017 at 10:16 PM Share Posted September 19, 2017 at 10:16 PM Guess it's time to tell the financial adviser to buy firearm stocks. Link to comment Share on other sites More sharing options...
Chief Illiniwek Posted September 20, 2017 at 02:13 AM Share Posted September 20, 2017 at 02:13 AM Gun stocks...hmmm...are those the shoulder things that go up? No, wait, those are barrel shrouds. Link to comment Share on other sites More sharing options...
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