InvestorSoup.com issues Technical Trading Outlook for Joy Global Inc.
The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
(EMAILWIRE.COM, September 10, 2009 ) DALLAS, Texas - InvestorSoup.com.com announces an investment report featuring Joy Global Inc. (NASDAQ: JOYG).
The investment report on (NASDAQ: JOYG) should be of interest to other mining and equipment services companies: Bucyrus International Inc. (Nasdaq: BUCY), TEREX Corp. (NYSE: TEX), and Electrometals Tech. Ltd. (ASX: EMM).
It is available at: http://www.investorsoup.com/lp/JOYG
Get our alerts BEFORE the rest of the market. Follow us on Twitter: www.twitter.com/investorsoup
Joy Global Inc. (JOYG) manufactures and markets original equipment and aftermarket parts and services for underground and aboveground mining industries. JOYG operates in three business segments: Underground Mining Machinery, Surface Mining Equipment, and Crushing and Conveying. JOYG’s products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold and other mineral resources.
In the report, the analyst notes:
“On August 20, 2009, JOYG reported that its customers were waiting for signs of sustainable global economic recovery before restarting any delayed projects or adding back production. Signs of economic recovery have been mixed. China and India’s economic growth have recently exceeded expectations, and Germany, France and Japan all reported positive growth in the second quarter of 2009. However, industrial production in the U.S. remains relatively weak.
“JOYG’s old project booking policy required a letter of intent and deposit to commit to the delivery of a project. However, the downturn in commodity markets put many projects on hold, and left JOYG with a backlog that had uncertain delivery dates. In the three months ended July 31, 2009, JOYG implemented a new policy that requires payments rather than deposits with contracts. … While the announcement of the adjustment raised concerns amongst some investors over uncertainty, the Company says the adjustment combined with the new booking policy is an effort to improve transparency and to give investors a better idea of market activity.”
To read the entire report visit: http://www.investorsoup.com/lp/JOYG
See what investors say about these stocks at: http://www.stockhideout.com/
InvestorSoup.com is a small-cap research and investment commentary provider. InvestorSoup.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on InvestorSoup.com, please visit http://www.InvestorSoup.com
InvestorSoup.com Disclosure
InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.
The investment report on (NASDAQ: JOYG) should be of interest to other mining and equipment services companies: Bucyrus International Inc. (Nasdaq: BUCY), TEREX Corp. (NYSE: TEX), and Electrometals Tech. Ltd. (ASX: EMM).
It is available at: http://www.investorsoup.com/lp/JOYG
Get our alerts BEFORE the rest of the market. Follow us on Twitter: www.twitter.com/investorsoup
Joy Global Inc. (JOYG) manufactures and markets original equipment and aftermarket parts and services for underground and aboveground mining industries. JOYG operates in three business segments: Underground Mining Machinery, Surface Mining Equipment, and Crushing and Conveying. JOYG’s products and related services are used extensively for the mining of coal, copper, iron ore, oil sands, gold and other mineral resources.
In the report, the analyst notes:
“On August 20, 2009, JOYG reported that its customers were waiting for signs of sustainable global economic recovery before restarting any delayed projects or adding back production. Signs of economic recovery have been mixed. China and India’s economic growth have recently exceeded expectations, and Germany, France and Japan all reported positive growth in the second quarter of 2009. However, industrial production in the U.S. remains relatively weak.
“JOYG’s old project booking policy required a letter of intent and deposit to commit to the delivery of a project. However, the downturn in commodity markets put many projects on hold, and left JOYG with a backlog that had uncertain delivery dates. In the three months ended July 31, 2009, JOYG implemented a new policy that requires payments rather than deposits with contracts. … While the announcement of the adjustment raised concerns amongst some investors over uncertainty, the Company says the adjustment combined with the new booking policy is an effort to improve transparency and to give investors a better idea of market activity.”
To read the entire report visit: http://www.investorsoup.com/lp/JOYG
See what investors say about these stocks at: http://www.stockhideout.com/
InvestorSoup.com is a small-cap research and investment commentary provider. InvestorSoup.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on InvestorSoup.com, please visit http://www.InvestorSoup.com
InvestorSoup.com Disclosure
InvestorSoup.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. InvestorSoup.com is a Web site wholly owned by BlueWave Advisors, LLC. Please read our report and visit our Web site, InvestorSoup.com, for complete risks and disclosures.
Contact Information:
Investor Soup
Jeffrey Brown
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Investor Soup
Jeffrey Brown
Tel: (469)-252-3505
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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