News

Sturm Ruger sales soar in 2Q

Sturm Ruger & Co. was getting so many gun orders that it couldn't build them fast enough last quarter, and its quarterly numbers reflect that. Even after suspending orders for the first two-thirds of the quarter the gun manufacturer sold nearly $120 million of firearms, up by half compared to the second quarter of 2011.

Presstek reports another loss

Presstek Inc. cut its losses by more than half last quarter despite the continual decline in revenue due to both a shrunken economy and a shrinking market for print media.