Joy Global December volatility up into Q4 results and outlook Joy Global December put option implied volatility is at 49, January and April is at 45; compared to its 26-week average of 46 according to Track Data, suggesting slightly larger price movement into the expected release of Q4 results before the market open on December 12.
Joy Global says reducing cost curve is company's priority for customers Joy Global says focused on growing service business. Looking to accelerate savings on service business for 2015. Company focuses on life cycle management of equipment. Joy Global developing new products in service sector to allow customers to reduce costs. Sees opportunity in tough market to build service business. Seeing better visibility on rebuilds. Comments taken from Barclays Capital Industrial Select Conference.