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Joy Global taps IBM for data product to monitor machinery
2014-10-29 03:56:38| Industrial Machines - Topix.net
In an effort to focus more on the service side of its business, Milwaukee-based mining equipment manufacturer Joy Global Inc. announced that IBM is helping them improve Joy Global's data-driven predictive maintenance product. The cloud-based system uses data from all of Joy Global's Smart Services-connected machines, which can then predict mining machine failures and helps the user by recommending preventative actions for customers.
Tags: data
product
global
monitor
Joy Global 3Q profits down 61%
2014-09-04 17:35:14| Industrial Machines - Topix.net
Joy Global Inc., which makes mining equipment, announced that its profits decreased by 61 percent for the third-quarter of 2014. Joy Global Inc. fell short of analysts' consensus earnings expectations for the fiscal third quarter as the company downgraded the high end of its revenue and earnings estimates based on U.S. coal production cutbacks and political unrest in the Ukraine, according to a press release from the company.
Tags: global
joy
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joy global
Joy Global EVP Unloads $597,312 in Stock
2014-07-20 03:12:39| Industrial Machines - Topix.net
Joy Global EVP Sean D. Major sold 9,333 shares of Joy Global stock in a transaction dated Wednesday, July 16th.
Joy Global stock jumps on speculation that it's a takeover target
2014-07-16 22:35:09| Industrial Machines - Topix.net
Speculation over Joy Global Inc. possibly being a takeover target may be part of the reason for its stock shares' rise Wednesday, according to a story by Bloomberg.com.
Why Joy Global (JOY) Stock Is a 'Buy' at TheStreet
2014-07-16 17:20:41| Industrial Machines - Topix.net
About 6.2 million shares of the company were traded by 10:45 a.m., well above the average trading volume of about 1.3 million shares a day.
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