S&P Places Joy Global (JOY) Ratings on CreditWatch Positive
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Moody's Lifts Outlook on Joy Global (JOY) to Positive; Ratings Affirmed
July 22, 2016 12:52 PM EDTMoody's Investors Service changed the outlook of Joy Global Inc. (Joy) to positive from stable. Moody's also affirmed all other ratings, including Ba3 Corporate Family Rating (CFR), probability of default rating (PDR) of Ba3-PD, Speculative Grade Liquidity rating of SGL-2 and senior unsecured bond rating of Ba3.
Affirmations:
.... Corporate Family Rating, Ba3
.... Probability of Default Rating, Ba3-PD
.... Speculative Grade Liquidity Rating, SGL-2
.....Senior Unsecured Regular Bond/Debentures, Ba3 (LGD4)
Outlook Actions:
....Outlook, Changed To Positive From Stable
RATINGS RATIONALE
The outlook change follows the company's announcement that it has entered... More
Avondale Partners Downgrades Joy Global (JOY) to Market Perform
July 22, 2016 8:10 AM EDTAvondale Partners downgraded Joy Global (NYSE: JOY) from Market Outperform to Market Perform.
For an analyst ratings summary and ratings history on Joy Global click here. For more ratings news on Joy Global click here.
Shares of Joy Global closed at $28.20 yesterday.
... MoreBMO Capital Downgrades Joy Global (JOY) to Market Perform
July 22, 2016 8:10 AM EDTBMO Capital downgraded Joy Global (NYSE: JOY) from Outperform to Market Perform with a price target of $28.00 (from $24.00).
For an analyst ratings summary and ratings history on Joy Global click here. For more ratings news on Joy Global click here.
Shares of Joy Global closed at $28.20 yesterday.
... More