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United States

6 June 2012

CBS News (USA) / AP

NEW YORK - Shares of firearms maker Smith & Wesson Holding Corp. rose Wednesday after a Wedbush analyst said that gun sales rose in May on worries that President Barack Obama may tighten gun laws if he is reelected. THE SPARK: Wedbush analyst Rommel Dionisio said gun sales picked up in May, and Smith & Wesson was gaining market share. He maintained his "Outperform" rating on the stock. THE BIG PICTURE: Last month, Smith & Wesson boosted its fourth-quarter sales... (

Read More: CBS News (USA) / AP