Joy Global to switch stock listing to NYSE

Milwaukee-based Joy Global Inc. announced it will switch the listing of its common stock from the NASDAQ Global Select Market to the New York Stock Exchange (NYSE).
The mining equipment manufacturer expects to begin trading on the NYSE on Dec. 6, 2011, under the new ticker symbol “JOY” and will ring the opening bell that morning.
Until the transfer is complete, the company’s common stock will continue to trade under the ticker symbol “JOYG” on the NASDAQ.
Michael Sutherlin, chief executive officer of Joy Global, said, “Joy Global has established itself as a global leader in mining equipment and we operate in over 120 facilities in 17 countries around the world. The NYSE gives us the recognition, reach and resources to better serve our needs as we continue to focus our growth on the international markets. As a result, it is another step in creating long-term value for our shareholders.”
“We are delighted Joy Global has decided to list on the New York Stock Exchange,” said Scott Cutler, NYSE Euronext executive vice president and head of listings, Americas. “We are committed to a long-term partnership with Joy Global and its shareholders, and to providing the superior liquidity, services and visibility associated with listing on the NYSE."