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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...
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...
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...
Brekford Corp. (OTCQB:BFDI)
Brekford Corp. (OTCQB:BFDI) is a technology services provider of mobile computer and video systems through its vehicle upfitting services to homeland security agencies and federal, state, and municipal law enforcement agencies. The automated traffic enforcement group provides portable speed enforcement safety and red light camera solutions to municipalities.
For over a decade, Brekford has been providing...
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...
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...
AGENT155 MEDIA CORP (AGMC:OTC)
Agent155 Media Corp., a development stage company, engages in the distribution and marketing of drinking water treatment products and water activation products primarily in South America and Central America. The company’s drinking water treatment products include Sterilight branded ultra violet products, which produce ultraviolet light energy that eradicates harmful microbiological contaminants in...
TransDigm to buy plane-seatbelt maker AmSafe
TransDigm Group Inc. TDG -0.14% agreed to buy seatbelt-maker AmSafe Global Holdings Inc. for about $750 million in cash, continuing the aerospace supplier’s recent streak of acquisitions.
The deal comes at a time of steady revenue growth for TransDigm, which makes ignition systems, cockpit-security devices and other aircraft components, as commercial airlines continue to ramp up spending.
Among...

