Investopedia: For Joy Global, It's No Longer "If" Or "When", But "How Long?"

Between the cautious comments from companies like Caterpillar (NYSE:CAT) and Cummins (NYSE:CMI), the economic and company reports coming from China and the worsening conditions in the mining sector, there's really no doubt left that the market for mining machinery has slowed. Joy Global (NYSE:JOY) echoed that, as solid second quarter results were overshadowed by lower guidance. Now the question is no longer about when Joy Global will see the slowdown, but how deep it will be and how long it will last.

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