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FLEETS

No joy, but it could be worse

Things have been better than expected for Joy Global.

Andrew Snelling
Joy Global has managed to get an order for multiple electric shovels in the US.

Joy Global has managed to get an order for multiple electric shovels in the US.

The company posted net sales of $602 million for the quarter, down 26% from a year ago, gaining $44 million cash from operations, a $27 million drop from 2015. This amounted to an operating loss for...

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