Micron Technology Inc. MU -2.14% announced Mark Durcan, 51, had been appointed chief executive replacing Steven Appleton, who was killed Friday when the small plane he was piloting crashed at an airport near the company headquarters in Boise, Idaho. Durcan had been Micron’s president and chief operating officer. On Saturday he was also appointed to the company’s board of directors. Micron’s... 

Fortinet Inc.’s FTNT +8.72% fourth-quarter earnings climbed 2.2% as the network-security company again reported double-digit billings growth. Shares jumped 8.7% after hours Tuesday to $24.79 on the stronger-than-expected results. The company posted a profit of $16.5 million, or 10 cents a share, up from $16.1 million, also 10 cents a share, a year earlier. Excluding stock-based compensation costs... 

Mr. Borges will Drive Efforts to Advance Brazilian Properties Exploration Programs NEW YORK, Jan 26, 2012 (BUSINESS WIRE) — Ardent Mines Ltd. (OTCQB: ADNT) (the “Company” or “Ardent Mines”), a precious resources exploration, development, and mining company focused on advancing its two gold properties in Brazil, announced that the Board of Directors has appointed Luciano... 

Progress Software Corp. PRGS +4.23% named Jay Bhatt, a former executive at Autodesk Inc. ADSK +6.04% , as its president and chief executive, effective Dec. 5. The business-software maker said in August that President and Chief Executive Richard D. Reidy would step down once it named a successor. Reidy had been in the roles since March 2009. Progress, which serves customers in the telecommunications,... 

MILAN -(MarketWatch)- The supervisory board of Intesa Sanpaolo SpA on Thursday proposed Enrico Tomaso Cucchiani as the bank’s chief executive, a person with direct knowledge of the situation said. The management board of the Italian lender is currently meeting in Turin to discuss Cucchiani’s nomination. The supervisory board of the bank met earlier today. A decision on the successor to... 

Youku.com Inc.’s YOKU -14.11% third-quarter loss narrowed the Chinese online television company reported its revenue more than doubled. However, American depositary shares fell 16% to $17.26 in recent after-hours trading as the company’s net loss missed analyst expectations. “Internet television is a young and evolving space with tremendous opportunities,” said Chairman and... 

CME Group Inc. CME -7.38% suspended MF Global Holdings Ltd. MF -16.08% as a clearing member late Monday, ending a day of efforts by global exchanges to clamp down on the collapsed U.S. broker’s ability to trade. Chicago-based CME, the world’s largest derivatives exchange by volume, was among the last of its peers in the U.S. and Europe to serve notice that MF Global and its clients were... 

NEW YORK (MarketWatch) — Capital One Financial Corp. COF +0.27% reported a small increase in third-quarter profit Thursday as the bank’s loan write-offs and delinquencies continued to fall. The McLean, Va., company said net income was $813 million, or $1.77 per share, in the quarter ended Sept. 30, up from $803 million, or $1.76 per share, a year ago. Revenue increased to $4.2 billion,... 

NEW YORK (MarketWatch) — Retailer Zumiez Inc. ZUMZ -0.84% has hired former Blue Nile Inc. NILE -.00% executive Marc Stolzman as its new chief financial officer, the company said in a filing Friday with the Securities and Exchange Commission. The appointment comes as the teen retailer–which sells action-sports related apparel, footwear, equipment and accessories–faces concerns about... 

NEW YORK (MarketWatch) — Travelzoo Inc. TZOO -8.59% founder and former chief executive Ralph Bartel has been paring his stake in the online travel and entertainment deals company, selling about 2.3 million shares for roughly $179 million in the past three months as the stock retreats from a multi-year high. Bartel, who currently serves as a director, began cutting his stake in April. He sold...