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Joy Global ends the year with 87% earnings drop

Ana Komnenic | December 11, 2013 | 6:26 pm Base Metals Energy Precious Metals Coal Copper Gold Iron Ore Silver 

Mining equipment maker Joy Global (NYSE:JOY) has reported another miserable quarter in terms of net income. The US-based company's earnings plummeted 87% on last year's fourth-quarter, reflecting a $155 million impairment charge and a 26% drop in sales. As mining...

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