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MRV Communications: MRV Communications designs, manufactures, sells, distributes, integrates, and supports communication equipment and services, and optical components. Co.'s networking group provides switches, routers, physical layer products...; MRV Communications company page on BNET »

BNET Resources

CBA Chief Says Global Outlook Better: Commonwealth Bank of Australia CBA chief executive Ralph Norris says there has been some improvement to the global economic outlook.However, Mr Norris said the global credit crunch still had at least 12 months to two years to play out.Mr Norris said market conditions had improved particularly after the US...; Tags: Microsoft Outlook, Australian Associated Press Pty Ltd., Mr., Sales Channel, Financial Services, Sales, AAP; News items 2008-06-26
Rates Slow Domestic Demand, RBA Says: Reserve Bank of Australia RBA governor Glenn Stevens says tighter financial conditions, due to the global credit crunch and higher domestic interest rates, have helped slow domestic demand.Mr Stevens said these developments were having a "dampening effect on demand", citing recent statistics on household spending and borrowing, as well...; Tags: Australia, Mr., Inflation, Currency & Foreign Exchange, Financial Planning, Financial Services, Finance, AAP; News items 2008-06-13
Business Conditions Fall: Survey Reports: Business conditions deteriorated sharply in June to their worst levels in six and a half years - amid a slowdown in sales, falling consumer confidence and accelerating costs, a survey says.National Australia Bank Ltd's NAB business conditions index fell seven index points to zero points in June, the weakest...; Tags: Job, Mr., Survey, Business Condition, Recruitment & Selection, Sales Strategy, Marketing Research, Human Resources, Workforce Management, Sales, Marketing, AAP; News items 2008-07-08
Yahoo Responds to Icahn -- a Translation: Not long after Carl Icahn, who has been pressuring Yahoo to do a deal with Microsoft, released his "Steve Ballmer and I are buddies" letter, Yahoo officially responded. Because many actions of the board and management have been mystifying to say the least, I've taken it on myself to translate...; Tags: Steve Ballmer, Yahoo! Inc., Mr., Microsoft Corp., Carl Icahn, Corporate Governance, Model-Driven Development, Free Trade, Business Operations, Corporate Law, Ooa/Ood/Oop, Software Development, Software/Web Development, Finance, Erik Sherman; Blog posts 2008-07-07
Rio CEO Says Foreign Investment Needed: Rio Tinto Ltd chief executive Tom Albanese says direct investment by foreigners, including sovereign wealth funds, is needed to fully develop Australia's resources assets.Mr Albanese said while the authorities might have some reservations, the country could not afford to miss out on access to the valuable capital offered by...; Tags: Australia, Mr., Investment, Corporate Governance, Finance, Business Operations, Corporate Law, AAP; News items 2008-06-16

BHP Chief Says Rio Bid "very Full": The head of BHP Billiton Ltd said its current takeover bid for Rio Tinto Ltd was "very full" as he continued to spruik the merits of a tie-up between the two miners.BHP has offered 3.4 of its shares for each Rio Tinto share."We do believe that the bid is...; Tags: Shareholder, Mr., Financial Accounting, Corporate Law, Finance, Business Operations, AAP; News items 2008-06-12
Narrower Trade Deficits Predicted: Australia could see narrower trade deficits in coming months after the balance of good and services for May came in near expectations, economists say.The balance of goods and services was a deficit of $965 million, seasonally adjusted, in May, from a revised $12 million surplus in April, figures from...; Tags: Trade, Economist, Mr., Asset Based Security, Surplus, Sales Strategy, Investment, Manufacturing, Sales, Finance, AAP; News items 2008-07-03
One Million More Homes Needed, HIA Says: Nearly one million dwellings need to be built to house Australia's growing population, the Housing Industry Association HIA says.HIA NSW state executive director Graham Wolfe said the extra housing was needed to meet the demand for owner occupied, rental, community and social housing."HIA research confirms that in 2008/09 190,000...; Tags: Australian Associated Press Pty Ltd., Housing Market, Mr., Americans With Disabilities Act (ADA), Financial Services, Human Resources, Gender And Diversity, AAP; News items 2008-06-30
Terria Confident of Broadband Bid: The Optus-led consortium that wants to team up with the federal government to build a national high speed broadband network said it was confident of securing funding for the debt component of its bid.Three runners to build the project were reduced to two last week when Macquarie Group Ltd...; Tags: Telstra Corp., Australian Associated Press Pty Ltd., Consortium, Broadband, Equity, Mr., Investment, Financial Services, Federal Government, Finance, Government, AAP; News items 2008-06-22
Buyers' Market Emerging For Investors: Sydney and Melbourne's inner city areas have turned into buyers' markets for property investors willing to brave possible interest rate risks and inflation.The upbeat message for residential property investors from RP Data's research director Tim Lawless comes as house prices soften nationally.Rental yields are also well below the...; Tags: Melbourne, Sydney, Yield, Mr., Investor, Quality Site, Financial Accounting, Finance, AAP; News items 2008-06-24
Impediments in Grocery Industry: ACCC: The head of Australia's competition watchdog says the national grocery inquiry revealed structural impediments to competition and the information will be useful for advising the government."The grocery enquiry has revealed to us some interesting structural impediments, starting at the farm gate, moving right through to the checkout counter," Australian...; Tags: Impediment, Merger, Retail Company, Industry, Mr., Grocery, Australian Competition And Consumer Commission, Food & Beverage, Mergers & Acquisitions, Retail, Government, Manufacturing, Investment, Finance, AAP; News items 2008-06-19
RBA at End of Rate Hikes: Economists: Interest rates might be at the peak of the cycle after the Reserve Bank of Australia RBA talked up the prospects of a slowing economy, while leaving rates on hold.The RBA on Tuesday kept interest rates unchanged for the fourth consecutive month, leaving the official cash rate at a...; Tags: Board, Interest Rate, Economist, Mr., Inflation, Currency & Foreign Exchange, Corporate Governance, Financial Services, Finance, Business Operations, Corporate Law, AAP; News items 2008-07-01
Scooter Firm Vmoto Expands in Asia: Perth-based Scooter company Vmoto Ltd has expanded further into the Asian market after signing an agreement to develop and supply 30,000 engines over 12 months to a major Vietnamese scooter group.The agreement, executed by Vmoto's Chinese-based engine manufacturing company, is expected to generate about a $US5.7 million ($A6.07 million)...; Tags: AAP, Australian Associated Press Pty Ltd., Agreement, Mr., Vietnam; News items 2008-06-17
Engineering a Bright Spot in Slowdown: Engineering construction is likely to remain a bright spot in an otherwise slowing economy given the backlog of work and planned spending on infrastructure by state governments, economists say.It should also mean that any rise in unemployment should be mild.Data released Tuesday by the Australian Bureau of Statistics showed...; Tags: Economist, Mr., Engineering Construction, Financial Accounting, Financial Planning, Finance, AAP; News items 2008-07-01
Holden Automotive Base Should Stay: If Australia loses its automotive manufacturing industry it is unlikely to ever get it back, Holden chairman and managing director Mark Reuss says.Speaking at the company's launch of its new locally made Sportwagon in Adelaide on Tuesday, Mr Reuss called on the federal government to ensure, through its ongoing...; Tags: Australia, Industry, Mr., Manufacturing Industry, Reuss, Government, Manufacturing, Currency & Foreign Exchange, Strategy, Finance, Management, AAP; News items 2008-07-08
Australia Becomes Bupa's Asia-Pacific HQ: Former MBF boss and current managing director of Bupa Australia, Eric Dodd, said it's too early to tell if membership of the health fund is dropping due to the federal government's decision to lift the Medicare levy surcharge threshold.The industry is facing a challenging period with potential declines in...; Tags: Australia, Health Care, Mr., MBF, Government, Vertical Industries, Healthcare, Benefits, Enterprise Software, Software, Human Resources, AAP; News items 2008-06-16
Petrol Prices Sinks Consumer Sentiment: A surprising fall in consumer sentiment in June to near 16-year lows has been blamed on higher fuel prices.The Westpac-Melbourne Institute index of consumer sentiment fell 5.6 per cent in June, to 84.7 index points.The index is now at its lowest level since December 1992 and it is the...; Tags: Mr., Inflation, Consumer Sentiment, Currency & Foreign Exchange, Finance, AAP; News items 2008-06-11
Australia Returns to Trade Deficit: Australia's trade balance returned to a deficit in May after posting its first surplus in six years the previous month.The nation's trade deficit is predicted to narrow, if not be in the black, in the months ahead once the increases in recent iron ore price contracts flow through, economists...; Tags: Australia, Economist, Mr., Asset Based Security, Surplus, Investment, Manufacturing, Finance, AAP; News items 2008-07-03
Building Approvals Fall, Return to Trend: Fewer building approvals due to high interest rates is bad news for those looking to buy or rent a home, economists say.The number of new building development approvals fell a seasonally adjusted 6.5 per cent in May, the Australian Bureau of Statistics ABS said.Although they were expected to be...; Tags: Interest Rate, Economist, Mr., Approval, Financial Planning, Financial Services, Finance, AAP; News items 2008-07-02
Trujillo Defends T3 Roadshow: Telstra boss Sol Trujillo has defended the telecommunications giant's executives from suggestions they had indulged in a lavish lifestyle while travelling overseas to persuade investors to take up shares in the company's final privatisation.Mr Trujillo was making his first public appearance in Australia for some weeks, at the opening...; Tags: Telstra Corp., T3, Mr., Trujillo, T, Network Technology, Networking, AAP; News items 2008-06-26