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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...
Corning sees non-LCD operations driving growth
NEW YORK (MarketWatch) — Corning Inc. GLW -0.52% reiterated its long-term sales forecast, but said it will hit the target by growing businesses outside of its stalling liquid-crystal-display glass operation.
Corning’s prediction, ahead of its annual investor meeting in New York on Friday, signals confidence that it can grow its top line by selling more fiber-optic cable, smartphone cover...
Aeropostale taps Hirtler-Garvey to chair board
Aeropostale Inc. ARO +0.84% named Karin Hirtler-Garvey its chairman, succeeding Julian R. Geiger who has stepped down from the position.
Hirtler-Garvey has been a member of the youth-focused apparel retailer’s board since August 2005 and has served as chairman of the board’s audit committee as well as the company’s lead independent director. She most recently served as the chief risk...
Newmont reportedly in coal ops sale talks
SYDNEY -(MarketWatch)- Newmont Mining Corp. NEM -0.03% is in final talks with two overseas parties on the sale of Australian assets containing more than 1.2 billion metric tons of thermal coal, a person familiar with the matter said Thursday.
Newmont hopes to conclude the sale of the undeveloped Felton East/West and Lochbar/Bringalily South tenements in Queensland state’s Clarence-Moreton Basin...
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...
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...
Samsung profit up 17% on record smartphone sales
SEOUL -(MarketWatch)- Samsung Electronics Co. said Friday its fourth-quarter net profit rose 17% from a year earlier as record smartphone sales outweighed pressure from the firm’s other businesses, which have been hit by plunging demand in developed economies.
Samsung, the world’s largest technology firm by revenue, said its net profit for the three months ended Dec. 31 rose to KRW4 trillion...
Citrix earnings rise; 2012 earnings view downbeat
Citrix Systems Inc.’s CTXS -0.90% fourth-quarter profit rose 15% as the virtualization-and-infrastructure company posted revenue gains across its segments.
However, shares slipped 1.3% to $66.73 in after-hours trading as the company issued a downbeat full-year and first-quarter earnings forecast.
For 2012, Citrix sees per-share adjusted earnings of $2.70 to $2.74, below Wall Street’s view...
Teradyne earnings jump on tax benefit; shares up
Teradyne Inc.’s TER +7.87% fourth-quarter earnings more than doubled on a large tax-provision benefit as the maker of chip-testing equipment, but the company’s swung to a loss from continuing operations before taxes.
Shares were up 7.3% at $17.31 after hours on the company’s better-than-expected outlook. Through the close, shares have risen 14% in the last year, better than the broader...

