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Joy Global profit drops as sales continue to fall

Cecilia Jamasmie | September 04, 2014 | 5:16 pm Energy Europe Coal 

Joy Global (NYSE:JOY) logged Thursday lower-than-expected quarterly revenue and profit as the mining equipment maker continued to experience a decline in sales. Fiscal third-quarter profit dropped 61% to $71.3 million, or 71 cents a share, down from $183.2 million, or...

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