gunned down in newtown, connecticut. since that tragedy, fear of tougher gun laws has led to a run on guns. smith & wesson shares are up more than 40% this year. fellow gunmaker stun brewinger, those shares on the stock market up more than 60%. based on how well gunmakers are doing it would be hard to believe the biggest gunmaker in the country is having trouble to find a buyer. poppy harlow joins us now. a year ago a $20 billion private equity company said it s getting out of the gun business. it was an emotional moment where you heard a company saying that it wanted to get out of that business. bring us up-to-date. a company that is very private. i mean, you never hear publicly from these private equity firms. their goal is the pursuit of profits. when you hear a company come out and say they are going to sell a highly profitable business, well, something has changed, but one year later that sale hasn t been made, and we wanted to know why. i m here today to try to
they re teachers, they should be supported. this is what happens in all of the countries who we look at and say this is a great school system, whether it s in asia or in europe. they re supporting their teachers. they re not firing their teachers. they re not judging them by test scores or children. coming up, a year ago a $20 billion private equity firm pledged to get out of the gun business. now some newtown parents are frustrated. i hope they would just hold their promise and not let the victims of sandy hook down. why hasn t the company that made the weapon used at newtown been sold, as was the promise? that s next. e announcer ] if you can clear a crowd but not your nasal congestion, you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms all in one pill. zyrtec-d®. at the pharmacy counter.
saturday. coming up at 2:00 p.m. eastern this afternoon, exactly a year ago, 26 students and teachers were gunned down at sandy hook elementary school. four days later, a $20 billion private equity firm pledged to get out of the gun business. remember? now, newtown parents are frustrated. it was a pledge that was made, and if it was something they weren t going to honor or stand behind, it shouldn t have been made. why hasn t the company that made that weapon used at newtown being sold? the promise that was made. join us at 2:00 p.m. eastern. coming up at the top of the hour, tonight, six college athletes gather in new york to find out who will be awarded the heisman photography for the top college football player. a.j., letter known for two national championship rings but a particularly close bond with a player off the field that makes him special. i was holding tears right back then, just hearing the
part to preserve trafficking in weapons that can and will at some point be aimed at american soldiers. this tis not, just handguns we are talking about in this treaty. this is attack helicopters, tanks, this is major armament that this treaty also controls. right which makes their position look all the more absurd. but i think the focus for them is more likely to beep the, the you know military style, semiautomatic rifles, that are allowed in the civilian market in the united states. a big part of the gun business here. so, you know that s close enough to, to that for them to get uncomfortable about it. and this does seem to be, you know, the american bar association, many legal authorities have come out and said, look, this treaty, like most treaties, all most all treaties, has absolutely no effect on american law and cannot change one comma of american law state, local, federal, not in any way. but with that, this, this does seem to demonstrate more
soldiers. this tis not, just handguns we are talking about in this treaty. this is attack helicopters, tanks, this is major armament that this treaty also controls. right which makes their position look all the more absurd. but i think the focus for them is more likely to beep the, the you know military style, semiautomatic rifles, that are allowed in the civilian market in the united states. a big part of the gun business here. so, you know that s close enough to, to that for them to get uncomfortable about it. and this does seem to be, you know, the american bar association, many legal authorities have come out and said, look, this treaty, like most treaties, all most all treaties, has absolutely no effect on american law and cannot change one comma of american law state, local, federal, not in any way. but with that, this, this does seem to demonstrate more clearly than most other examples that the nra is very much