Your English writing platform
Discover LudwigExact(9)
Retailers are also apparently delaying orders in anticipation of a new line of Hoover products.
Ali Raza, a printing press owner, has watched his once-prospering label business sag as power cuts bite into printing time, delaying orders and frustrating clients.
Some shippers have said in recent weeks that American and European buyers have been delaying orders because Chinese exporters are raising prices to cope with rising costs for labor and raw materials.
Emulex cut into the Nasdaq's gain, falling $37.13, or nearly 50percentto to $40.38, after the company, a maker of high-speed data-storage equipment, warned that revenue and earnings might fall below analysts' forecasts if buyers kept delaying orders.
The Derby-based firm said the market for its main aircraft engine business would pick up, but customers in the oil and gas, mining, construction, industrial and agricultural industries were cancelling or delaying orders.
It recently reported that one of its largest customers was delaying orders, prompting fears of a wider slowdown.
Similar(47)
The problem, they said, was delayed orders and shipments from data storage and specialty semiconductor customers.
Shares of Kulicke & Soffa Industries fell as much as 39percentt after the company said delayed orders might hurt profit this quarter and next.
More Broadcom customers delayed orders last month, and one of its biggest, the 3Com Corporation, canceled a contract, the company said.
The company ran into painting problems at a factory in Asia and had to delay orders by many weeks.
The company said its profit was hurt when retailers like Wal-Mart Sthees and the Kmart Corporation ordered cheaper vacuums and delayed orders for higher-priced machines.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com