Joy Global (JOY +1.9%) shares are moving higher on chatter that GE could be ready to take over...

|About: Joy Global Inc. (JOY)|By:, SA News Editor

Joy Global (JOY +1.9%) shares are moving higher on chatter that GE could be ready to take over the mining company. William Blair's Larry De Maria says a bid from GE is "increasingly likely" in the medium term. "It's a good a time to be looking at acquisitions in a value sense," GE Mining CEO Geoff Knox tells Bloomberg.