relative to the prior year. Mining sales (28% of total sales) declined 7%. In contrast to peers Caterpillar and Joy Global , Komatsu is not seeing a stabilization in aftermarket mining parts sales. This could be due to its exposure to China
Joy Global ( JOY +6.7% ) shares hit new 52-week highs, apparently on speculation that the world's leading maker of underground mining
the stock has notably lagged Caterpillar ( CAT ), Joy Global ( JOY ), Terex ( TEX ), and Atlas Copco ( OTCPK:ATLKY ..... more than a third of its revenue from North America ( Joy Global gets more than 40%, and Terex gets more than a quarter
J.P. Morgan remains bearish on coal and iron ore, which does not bode well for Joy Global ( JOY +0.2% ), even as shares rise slightly following upbeat manufacturing data early this morning out of China. Caterpillar
Longbow Research has downgraded Joy Global ( JOY -1.9% ) to an Underperform rating from Neutral. Post your comment!
We are maintaining our $60 fair value estimate and narrow moat rating for Joy Global following its second-quarter earnings release. The company reaffirmed its 2014 sales outlook for $3.6 billion to $3.8
repurchase announcement comes at an opportune time, given market prices below our fair value estimate. Based in Milwaukee, Joy Global manufactures electric shovels, dragline excavators, drills, and other mining equipment for use in surface (through
We're maintaining our $60 fair value estimate for narrow-moat Joy Global after reviewing the company's fiscal first-quarter results. Similar to competitor Caterpillar, the firm continued to see
equipment. Metso faces many competitors in mining, including FLSmidth, ThyssenKrupp, Sandvik, Caterpillar, and Joy Global . The company's large installed base (in both mining and paper) makes for a fairly continuous revenue stream after
(Reuters) - Mining equipment maker Joy Global Inc forecast 2014 earnings below analysts' average estimate and said it was difficult to predict when a recovery in the mining industry would begin next...