Joy Global +6.7% on takeover talk, demand forecast


Joy Global (JOY +6.7%) shares hit new 52-week highs, apparently on speculation that the world's leading maker of underground mining equipment is a takeover target.

Joy also may be gaining on a forecast from air compressor maker Atlas Copco (OTCPK:ATLKY, OTCPK:ATLCF) for improved demand in the coming months as investment in mining equipment stabilizes.

From other sites
Comments (1)
  • wil3714
    , contributor
    Comments (2335) | Send Message
     
    So few assets available, now is the time to deal
    16 Jul 2014, 01:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs