JOYG, SAM and R stock on the move today

(EMAILWIRE.COM, December 16, 2010 ) Windsor, Ontario - The following are stock on the move:

The Boston Beer Co Inc (SAM: NYSE) The Boston Beer Co Inc saw its stock make solid gains this morning thanks to the release of earnings guidance. The company expects 2010 earnings of $3.30 to $3.60 per share. The company's previous guidance was earnings of $2.85 to $3.15 per share and the current consensus earnings estimate is $3.20 per share for the year ending December 31, 2010. The Boston Beer Company, Inc. is a craft brewer and an independently owned brewer overall in the United States.

Joy Global Inc (JOYG: Nasdaq) Joy Global Inc rose to new highs this morning thanks to strong Q4 financial results. The company reported earnings of $1.39 a share, on revenue of $1.05 billion. Analysts were expecting earnings of $1.16 a share, on revenue of $922.8 million. The company also released a forecast for 2011 with projected earnings of $5.00-$5.30 a share, on revenue of $3.9-$4.1 billion. Joy Global Inc. is a manufacturer and servicer of mining equipment for the extraction of coal and other minerals and ores.

Ryder System Inc (R: NYSE) Ryder System Inc witnessed its stock breakout this morning establishing a new 52 week high. The company seems to be carrying momentum from its recent acquisition of Total Logistic Control. Ryder will acquire TLC for cash under a stock purchase agreement. The acquisition is expected to add approximately $250 million in annual revenue to Ryder's Supply Chain Solutions business segment. Ryder System, Inc. is a provider of transportation and supply chain management solutions.

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