Joy Global (JOY) Misses Q1 EPS by 11c

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FBR Capital Raises Price Target as Joy Global (JOY) Reiterates Guide

March 4, 2016 9:19 AM EST

FBR Capital reiterated a Market Perform rating on Joy Global (NYSE: JOY), and raised the price target to $14.00 (from $10.00), following the company's 1Q. Joy maintained its FY16 revenue guide at the midpoint of $2.4B to $2.6B and also maintained the midpoint of adjusted EPS guidance of $0.10$0.50. FBR thinks that Joy maintaining guidance was a round surprise to more bearish sentiment on the name and a strong positive to future investor... More

Joy Global (JOY) Declares $0.01 Quarterly Dividend; 0.3% Yield

March 3, 2016 6:10 AM EST

Joy Global (NYSE: JOY) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.

The dividend will be payable on April 4, 2016, to stockholders of record on March 18, 2016, with an ex-dividend date of March 16, 2016.

The annual yield on the dividend is 0.3... More