In the Margins
Shares of gunmakers Smith & Wesson Holding Corp. and Sturm, Ruger & Co. have shot up over the past year, and a number of mutual funds are buying up the companies' shares in order to cash in on America's love of firearms. There are 151 mutual funds holding Smith & Wesson’s stock and 131 mutual funds holding Sturm, Ruger’s stock, according to Morningstar’s most recently available data. Read the original story from MarketWatch.
Most Read
Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...