Technology

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.

PC Connection's YTD sales top $1b

Driven by corporate buying, PC Connection Inc. sold some $543 million of computers, services, equipment and software last quarter, a 6 percent increase over last year, resulting in net income of $8.8 million or 33 cents a share, a nickel…

Micronetics settles pre-merger shareholder suits

Micronetics Inc. on Monday signed a memorandum of understanding that tentatively settles three shareholder class action suits in an attempt to prevent them from affecting the company's $75 million merger to Mercury Computer Systems Inc. The terms of the settlement…

GTAT hiring of Calif. battery firm exec sparks speculation

GT Advanced Technologies has hired Dan Squiller, CEO of PowerGenix Corp., a California company that develops batteries for hybrid vehicles, according to documents filed with the U.S. Securities and Exchange Commission. But circumstances have prompted speculation that there may be…