Source Pravda.Ru

Avanex Corp. announces second-quarter outlook decrease, files complaint against 3S

Avanex Corp. announced decrease of its second-quarter outlook because of premature termination of an exclusive distribution agreement by France 's 3S Photonics.

The company said that it had filed an arbitration complaint against 3S Photonics

Now Avanex predicts revenue of $51 million to $53 million – about 5 millions dollars lower then earlier.

Avanex supplies components that increase the speed and capacity of fiber-optic communications networks.

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia
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