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More on Joy Global (JOY): Chinese electricity demand up 3% Y/Y vs. 10-11% growth just a year...

More on Joy Global (JOY): Chinese electricity demand up 3% Y/Y vs. 10-11% growth just a year ago. "The outlook for our business has continued to decline over the past quarter ... the deceleration of China demand has deteriorated international markets more quickly and severely than previously expected." Shares -5.3%, CAT -1% premarket. (PR)
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Comments (1)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Quite a hit to shares out of the gate, but they've quickly recovered.....
    29 Aug 2012, 12:13 PM Reply Like
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