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Stock Market & Financial Investment News

News Breaks
November 15, 2012
12:23 EDTMNST, JOYStocks with call strike movement; MNST JOY
Monster Beverage (MNST) March 52 call option implied volatility decreased 2% to 48, Joy Global (JOY) January 65 call option implied volatility increased 2% to 47 according to iVolatilty.
News For MNST;JOY From The Last 14 Days
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April 11, 2014
16:26 EDTJOYJoy Global acquires certain assets of Mining Technologies International
Joy Global announced that it entered into a definitive agreement to purchase certain assets of Mining Technologies International for $51M Canadian dollars. MTI is a Canadian manufacturer of underground hard rock mining equipment serving the North American markets and a world leading supplier of raise bore drilling consumables. The company is acquiring substantially all of the assets associated with MTIís hard rock drilling, loaders, dump trucks, shaft sinking, and raise bore product lines. MTI's fiscal 2013 revenues associated with these product lines were approximately $90M U.S. dollars. Excluding the impact of transaction costs and excess purchase accounting charges, the company expects the transaction to be accretive to earnings in 2015. Completion of the transaction is subject to customary closing conditions and is expected to occur within 90 days.
April 10, 2014
08:59 EDTMNSTMonster Beverage May volatility elevated at 38
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April 9, 2014
09:33 EDTJOYBofA/Merrill's industrial/mining analysts hold analyst/industry conference call
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April 3, 2014
12:42 EDTMNSTEnergy drink MLM changes practices amid scrutiny of Herbalife, NY Post says
Vemma, a multilevel marketing company that makes Verve brand energy drinks, said it is changing its business practices as the Federal Trade Commission investigates Herbalife (HLF), which has a similar business model, reported The New York Post. Monster Beverage (MNST), which like Herbalife has drawn a fair amount of scrutiny from lawmakers, markets energy drinks that compete with Vemma's. Reference Link

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