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Joy Global cuts guidance as profit, sales miss

2015-09-03 16:00:48| Industrial Machines - Topix.net

Joy Global Inc. on Thursday reported worse-than-expected profit and revenue for its latest quarter as weak demand for commodities continues to batter the mining-equipment maker. Joy warned in December that 2015 would be another challenging year amid an unfavorable pricing environment and falling industry investment in new equipment.

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