Equity Research on Joy Global Inc. and AGCO Corp. - Fluctuating Demand Impacting Farm and Construction Machinery Companies Di...
23 Agosto 2012 - 2:05PM
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Soft demand out of the mining sector has had a negative effect
on several companies in the farm & construction machinery as of
late. However, robust demand for agricultural products has led
others higher. AGCO Corp. is a good example of a company that has
benefitted from agricultural demand, as its most recent quarterly
results included increases in adjusted earnings and revenues when
compared to the same period last year. Get your free reports on
Joy Global Inc. and AGCO
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AGCO also recently announced a joint venture project in Algeria
with L'Enteprise Publique Economique de Commercialisation de
Materiels Agricoles and L'Enteprise Publique Economique de
Production de Tracteurs Agricoles. Expansion abroad is a move that
has been mirrored by a number of companies, as they look to
increase their global footprint and take advantage of emerging
markets. AGCO Corp. report is accessible for
free by registering today at
http://www.ShinesRooms.com/AGCOCorp230812.pdf
While a slowdown in mining demand could create challenges for
companies such as Joy Global Inc., those that focus their
attentions on cost cutting measures could be well positioned to
ride through the soft patch. Joy global has been making efforts to
trim costs, and it will be interesting to see how the company has
performed when it releases its fiscal 3rd quarter earnings on
August 29th. Joy Global Inc. report is
accessible for free by registering today at
http://www.ShinesRooms.com/JoyGlobalInc230812.pdf
The two Farm & Construction Machinery
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