Stocks drifted lower following the Fed announcement, but investors largely had a muted reaction as the market ended mixed. Option expiration could add some volatility the next two days, but we still think stocks will remain strong heading into year-end.
Mining equipment maker Joy Global Inc. on Wednesday said its net income rose 5 percent in its fiscal fourth quarter, driven by lower costs and a one-time gain.
U.S. stock futures rose on Wednesday, along with oil and other commodity prices, ahead of a statement from the Federal Reserve that's expected to signal no major changes in monetary policy.
U.S. stock futures rose on Wednesday, along with oil and other commodity prices, ahead of a statement from the Federal Reserve that's expected to signal no major changes in monetary policy.
MILWAUKEE----Joy Global Inc. , a worldwide leader in high-productivity mining solutions, today reported fourth quarter and fiscal 2009 results. Net sales for the quarter decreased by 7 percent to $964 million compared to $1.0 billion in the fourth quarter of fiscal 2008.
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