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  • Joy Global profit slumps as mining equipment orders fall Wednesday, 11 Dec 2013 | 6:21 AM ET

    Dec 11- Mining equipment maker Joy Global Inc reported an 87 percent fall in quarterly profit as it took a big charge and coal miners cut spending due to a supply glut and weak prices. Joy Global derives about two-thirds of its revenue from sales to coal miners. Excluding these items, Joy Global earned $1.11 per share.

  • *Slashes full-year EPS view to $0.55- $0.75 from $1.20- $1.50. *Cuts revenue view to $2.15- $2.35 bln from $2.25- $2.45 bln. Dec 5- Farm equipment retailer Titan Machinery Inc slashed its full-year profit forecast as a record corn harvest pulled down prices and left farmers with less money to spend on new tractors and harvesters.

  • Dec 5- Farm equipment retailer Titan Machinery Inc's quarterly profit more than halved and the company cut its full-year revenue and profit forecasts as equipment sales and margins decline. Titan Machinery's shares fell 11 percent before the bell, after the company said it expected a full-year profit of between $0.55 and $0.75 per share.

  • CHICAGO, Nov 20- Deere& Co offered an unexpectedly upbeat forecast for 2014 on Wednesday, saying sales of construction and forestry equipment should offset an anticipated slowdown in demand for agricultural machinery. "It's a big quarter," said Eli Lustgarten, an analyst with Longbow Research.

  • Miners face rising threat of cyber-attacks Wednesday, 20 Nov 2013 | 8:00 AM ET

    *E&Y survey finds 41 pct rise in external threats to miners. MELBOURNE, Nov 21- Miners are becoming increasingly vulnerable to cyber-hacking as they slash costs, automate equipment, rely more on the internet, and run mines from hundreds of kilometers away, a survey of nearly 40 mining companies has found.

  • Caterpillar to close another mining equipment plant Friday, 15 Nov 2013 | 5:56 PM ET

    CHICAGO, Nov 15- Caterpillar Inc said on Friday that it will close another plant and lay off 240 additional workers as it continues to respond to a sharp drop in demand for its earth-moving products from customers in the mining industry.

  • *Core machinery orders -2.1 pct m/m vs f'cast -1.4 pct. TOKYO/ MATSUMOTO, Japan, Nov 13- Japan's core machinery orders fell more than expected and a central bank policymaker warned of headwinds from soft overseas growth, underscoring the challenges of sustaining an economic recovery generated by Prime Minister Shinzo Abe's stimulus policies.

  • *Says weakness in mining and India main culprits. The Columbus, Indiana- based company said sales of all its products had also contracted sharply in India in the most recent quarter as a result of declining business confidence and manufacturing activity there.

  • TOKYO, Oct 29- Japanese stocks slid on Tuesday, hit by a sharp drop in Komatsu Ltd after the world's second-largest construction equipment maker issued a profit warning, dragging down other companies exposed to emerging markets.

  • BEIJING, Oct 28- Shares of Zoomlion Heavy Industry Science and Technology Co Ltd surged on Monday after a newspaper admitted it had not thoroughly fact-checked disparaging reports on the Chinese state-owned construction equipment maker.

  • HONG KONG, Oct 28- Shares of Zoomlion Heavy Industry Science and Technology Co. Ltd. rose more than 9 percent on Monday after a newspaper said it had not thoroughly fact-checked a disparaging report on the Chinese state-owned construction equipment maker.

  • *China data shows improvement in manufacturing. NEW YORK, Oct 24- U.S. stock index futures advanced on Thursday, indicating the S&P 500 will rebound from its first decline in the last six sessions, ahead of labor market and manufacturing data and a slew of corporate earnings.

  • US STOCKS-Futures climb, with earnings, data on tap Thursday, 24 Oct 2013 | 7:16 AM ET

    *China data shows improvement in manufacturing. NEW YORK, Oct 24- U.S. stock index futures advanced on Thursday, indicating the S&P 500 will rebound from its first decline in the last six sessions, ahead of labor market and manufacturing data and a slew of corporate earnings.

  • TOKYO, Oct 24- Chinese shares slipped in volatile trade on Thursday as a further spike in China's money-market rates tempered the effect of a survey showing a pick-up in manufacturing. China is Australia's biggest export market.

  • *Caterpillar falls after results, chipmakers also drop. NEW YORK, Oct 23- U.S. stocks fell on Wednesday as shares of heavy-equipment maker Caterpillar and semiconductor companies tumbled after they reported earnings, ending the S&P 500' s four-session streak of record high finishes.

  • CHICAGO, Oct 23- Caterpillar Inc posted a lower-than-expected quarterly profit on Wednesday and cut its full-year forecast yet again as weak demand from mining customers continued to bedevil the heavy equipment maker.

  • CHICAGO, Oct 23- Caterpillar Inc on Wednesday posted a lower-than-expected quarterly profit and cut its full-year forecast yet again as weak demand from mining customers continued to bedevil the heavy equipment maker.

  • Deere earnings beat, shares gain Wednesday, 14 Aug 2013 | 7:27 AM ET
    John Deere tractors sits on display at Klein Equipment, a John Deere dealership, in Galesburg, Illinois, U.S., on Tuesday, Feb. 12, 2013.

    Deere reported earnings and revenue that beat market expectations on Wednesday, strengthened by the farm industry in the Americas. Shares gained.

  • Court Blocks Faulty Washers Ruling Against Sears Monday, 3 Jun 2013 | 1:17 PM ET

    The Supreme Court on Monday strikes down an appeals court ruling that favored consumers who bought Sears front-loading washing machines.

  • Next Group That May Be Slammed by Debt: Farmers Thursday, 16 May 2013 | 10:36 AM ET

    It would take a perfect storm, but there are worries the current economic boom for farmers could turn into a bust. The issue is how much debt farmers take on.

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