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Juniper Networks misses Q1 guidance, sees better Q2 after orders up 10%

2020-04-29 09:34:00| Telecompaper Headlines

(Telecompaper) Juniper Networks reported first-quarter revenues of USD 998 million, unchanged year-on-year and down 17 percent from the fourth quarter. Sales came in below expectations due to disruptions to production from the Covid-19 crisis, the company said. Orders remained strong, up 10 percent year-on-year, leading to a forecast for sequential revenue growth in Q2.

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Esquel shutters some factories as orders fall

2020-04-28 17:10:00| Daily apparel & textile news and comment - from just-style.com

Hong Kong-based Esquel Group, one of the world's largest woven shirt suppliers, is shuttering four factories in China, Malaysia and Mauritius as it struggles with falling orders during the coronavirus pandemic.�

Tags: fall orders factories shutters

 
 

US Orders Chevron to Wind Down Venezuela Operations by Dec. 1

2020-04-22 15:45:17| OGI

The company has been in Venezuela for a century and was the only US major still operating there.

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Asda honours "vast majority" of George clothing orders

2020-04-21 19:11:00| Daily apparel & textile news and comment - from just-style.com

The Walmart-owned Asda supermarket chain says it will continue to honour commitments to�suppliers of its George clothing range, even though it is�reducing payments for finished products.

Tags: orders george clothing majority

 

Coronavirus: Asda cancels orders with suppliers

2020-04-19 12:39:19| BBC News | Business | UK Edition

Some suppliers are reportedly angry that the supermarket chain's clothing range is still on sale.

Tags: orders suppliers cancels asda

 

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