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Chunghwa Telecom to expand workforce by 8% in 2012

TAIPEI -(MarketWatch)- Chunghwa Telecom Co. , Taiwan’s largest telecommunications operator by subscribers, plans to expand its workforce by around 8% this year to tap into new business opportunities brought on by the closer economic ties between Taiwan and China, the company’s Chief Executive Shyue-ching Lu said Saturday. Lu said the company plans to add 2,000 staff this year to boost its... 

Micron Technology appoints Mark Durcan as CEO

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... 

Ardent Mines – ADNT.US

Ardent Mines has positioned itself to develop low cost gold mining operations in Brazil, a mining friendly jurisdiction. Ardent Mines owns a 100% interest in Gold Hills Mining Ltda., which in turn owns mineral rights on 3,500 Hectares, covering a highly-mineralized vein containing high grades of gold. Ardent Mines also exercised its exclusive option to acquire the mineral rights on the Serra do Sereno... 

Panasonic reported forecasting record annual loss

TOKYO (MarketWatch) — Panasonic Corp. is expecting a record Y700 billion net loss for the current fiscal year ending in March well in excess of its existing forecast for a Y420 billion loss, the Mainichi Shimbun reported in its Friday morning edition. The electronics and domestic appliance giant will revise its forecast to reflect a large one-off booking of goodwill for its acquisition of Sanyo... 

Korea’s SK Telecom post 61% net-profit drop in Q4

SEOUL -(MarketWatch)- SK Telecom Co. , South Korea’s largest mobile carrier by subscribers, said Thursday its fourth-quarter net profit fell 61% from a year earlier, as higher spending on next-generation network technology and falling phone fees dragged on the bottom line. Net profit in the three months ended Dec. 31 fell to KRW196 billion (US$175.2 million) from KRW502.5 billion a year earlier,... 

Disney agrees to buy out India’s UTV Software

Walt Disney Co. DIS -0.21% said it would buy a controlling interest in Indian entertainment company UTV Software Communications Ltd. , which it said would make Disney the country’s leading film studio. Last month, India’s cabinet approved the proposal by Disney–which currently owns 50.28% of UTV Software–to buy out other shareholders. Walt Disney reiterated Tuesday it will delist... 

Fortinet quarterly profit up 2.2% as billings jump

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... 

QuamTel (OTCBB: QUMI).

Quamtel Incorporated QuamTel was founded in January 1996 to deliver managed pre-paid global communication products and services. Through its subsidiaries WQN and DataJack, the Company markets to individuals and businesses with a specific focus on international populations in the United States and Canada who want an easy and cost-effective way to communicate with family, friends and colleagues overseas... 

Ardent Mines Appoints Luciano de Freitas Borges as President

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... 

Olympus plans to report April-Dec. results Feb. 13

TOKYO (MarketWatch) — Scandal-hit Olympus Corp. said Friday it will release its earnings results for the April to December period on Feb. 13, a day before a legal deadline for listed firms to submit their accounts. President Shuichi Takayama will hold a news conference the same day to explain the results, a company spokeswoman said. The Japanese maker of cameras and medical imaging equipment... 
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