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Smith & Wesson (SWHC) +13.6% premarket after the company says it plans to sell off its...

Smith & Wesson (SWHC) +13.6% premarket after the company says it plans to sell off its perimeter security business to focus on its core gun manufacturing business. Perimeter security has deteriorated significantly since the unit's 2009 acquisition in part because of reduced government spending, CEO James Debney says.
Comments (1)
  • whyrob
    , contributor
    Comments (6) | Send Message
     
    There is a new sheriff in town, James D. He's going back to basics.
    Business is very good. It's only a matter of 2 quarters before we see some real earnings. All the mistakes,misfortunes have be written off.
    Mark the date!
    12 Oct 2011, 01:24 PM Reply Like
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