All Posts Tagged With: "JOYG"
(AEP) U.S. Industrial Production Rises
Total Industrial Production rose by 0.7% in October, much better than the 0.4% rise that was expected. However, September was revised down to a decline of 0.1% from being up 0.2%.
The Industrial production numbers are often distorted by Utility Output, which is often...
(BRKB) International Energy Agency Offers Sobering Outlook
Not all the important news is centered on Greece and Italy. The International Energy Agency, or IEA, this week released its World Energy Outlook. The IEA is not some wild-eyed “peak oil/global warming” fringe group. They are about as mainstream and staid a group...
(PBR) Oil Industry Mergers and Acquisitions 2011
by Justin Dove, Investment U Research
(ADP) Stock Market News for September 1, 2011 – Market News
Economic reports helped markets register modest gains on Wednesday, which was also the last day of one of the wildest months the benchmarks have experienced in their history. However, the Dow and S&P 500 recorded their steepest monthly fall since May 2010, even as indices...
(BAC) Stock Market News for July 1, 2011 – Market News
The Street ended one of its most volatile quarters, with positive economic reports and a temporary solution to the Greece debt crisis lifting the benchmarks to post their biggest four-day rally since September. The technology sector and energy sector lifted the mood further...
(COO) Zacks #1 Rank with Sales Momentum
Upward earnings estimate revisions and positive earnings surprises tend to go hand in hand with a good Zacks Rank. That is certainly no surprise, as those are the key factors that go into determining the rank. However, in recent quarters, almost as much attention is being...
(JOYG) Joy Global Buys Rowan’s LeTourneau
Mining equipment maker Joy Global Inc. (JOYG) said it has acquired LeTourneau Technologies Inc. from Rowan Companies Inc. (RDC) for $1.1...
(RDC) Rowan Companies Concludes LeTourneau Sale
Rowan Companies, Inc. (RDC) wrapped up the asset sale deal with a leading mining equipment maker, Joy Global Inc. (JOYG) for its manufacturing...
(CAT) Caterpillar-Bucyrus International Deal Gets DOJ Nod
Caterpillar Inc’s (CAT) pending $8.6 billion buyout of Bucyrus International Inc. (BUCY) is now a step closer to being finalized as it...
(AFFX) Company News for June 03, 2011 – Corporate Summary
• Joy Global Inc. (NASDAQ:JOYG) posted Q2 EPS of $1.52, higher than the Zacks Consensus Estimate of $1.35 per share. Revenue for the quarter grew 19% to $1.06 billion, beating the Zacks Consensus Estimate of $1.038...
(JOYG) Joy Global Incorporated – Bull of the Day
We are encouraged by the long-term fundamentals of the mining industry, which provides Joy Global (JOYG) with substantial growth potential as conditions improve in the U.S., China and India. The company’s...
(AAPL) Company News for March 03, 2011 – Corporate Summary
• According to Bloomberg, Weatherford (NYSE:WFT) filed to delay its 10-K because of weak internal controls over reporting for income taxes. The company reported errors in its tax accounting and will need to adjust previously...
(ABV) Company News for December 15, 2010 – Corporate Summary
• Joy Global (NASDAQ:JOYG) reported fiscal fourth quarter earnings of $1.39, ahead of the Zacks Consensus Estimate of $1.16, on revenues of $1.05 billion that topped the Zacks Consensus Estimate of $925.0 million. The...
(JOYG) Joy Global Incorporated – Third Quarter Beat by 11%
Joy Global Inc. (JOYG) is trading near its 52-week high of $67.29 after raising guidance following a strong third quarter.
Joy Global manufactures heavy mining equipment. It was founded in 1884 and is headquartered in Milwaukee,...
(JOYG) Joy Global Analysts Downgrade to Neutral
We are downgrading Joy Global Inc. (JOYG) shares to Neutral from Outperform, reflecting forecast of limited revenue upside in 2010. The company reported EPS of $0.73 per share, topping the Zacks Consensus...
(JOYG) U.S. Industrial Production Edges Up
Industrial Production
Despite the snow storms in February, the total industrial production of the country managed to edge up by 0.1% over January. This marked the 8th straight increase in the Industrial Production, but it was also the smallest...
(JOYG) Joy Global – Beat Expectations by More Than 19% In Five of Five Quarters
Joy Global (JOYG) released stronger-than-expected fourth-quarter 2009 results. The company reported EPS of $0.73 per share, topping the Zacks Consensus Estimate of $0.64.
In the last five quarters,...
(JOYG) Joy Global’s Quarterly Report Surpasses Estimates
Joy Global Inc. (JOYG) posted an EPS of 73 cents for the first quarter of 2010, surpassing the Zacks Consensus Estimate of 64 cents but below the year-ago earnings of 83 cents. The better-than-expected earnings...
(JOYG) Joy Global – Emerging Markets Driving Growth
Joy Global (JOYG) is a play on global economic growth with a decent dividend yield.
Company Description
Joy Global is a pure play on the global mining sector. It is a leader...
(NUE) U.S. New Factory Orders Rise
The Census Bureau reported today that New Orders for Manufacturers rose by 1.1% in November. This was up from a 0.8% increase in October (which was revised up from 0.6%) and comes on top of a 1.6% increase in September. The increase was much better than the 0.5% expected by...
(JOYG) Joy Global’s Earnings Surpass Consensus Estimates
Joy Global Inc. (JOYG) posted an EPS of $1.20 for the fourth quarter of 2009, surpassing the Zacks Consensus Estimate of $1.01 and $1.11 recorded in the year-ago quarter, primarily driven by better pricing,...
(JOYG) The Shape of GDP
While last week GDP growth came in better than expected at 3.5%, which was a very welcome development, there was very little change in the coverall shape of GDP. This is a troubling development for the long term.
GDP is the sum of spending...
(HON) Industrial Production Capacity is Comming Back
In August, industrial production rose 0.8% from July, and the July increase was revised from a gain of 0.5% to a gain of 1.0%. In manufacturing, production was up 0.6% following an upwardly revised gain of 1.4% in July (was 1.0%).
Output at the country’s mines rose...
(JOYG) Joy Global Seen To Outperform
Wisconsin-based Joy Global (JOYG) manufactures surface and underground mining equipment for extraction of coal, copper, iron ore, oil sands,...
(JOYG) Joy Global – Bull of the Day
We are confident about the long-term fundamentals of the mining industry, which is further supported by a sustainable secular shift in commodity demand in the emerging economies. This will provide Joy Global (JOYG) substantial growth potential once the global...
($JOYG) Joy Global Beats Consensus Estimates
Joy Global (JOYG) posted an EPS of $1.21 for the third quarter FY 2009, surpassing the Zacks Consensus Estimate of 96 cents and $1.03 recorded in the year-ago quarter, primarily driven by better...
(KOL) Renewable Energy Reality: Coal
Renewable Energy Reality: Coal
by David Fessler, Advisory Panelist
Friday, January 9, 2008: Issue #913
The Obama administration has made a big deal about renewable energy. Over the next several years, the new President has plans to spend...