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... 

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,... 

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 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... 

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... 

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... 

Alliant Energy Corp. LNT -0.21% said Chairman and Chief Executive William D. Harvey would retire at the end of March and named its operating chief as his successor. Harvey had been chairman and chief for the last six years, having worked at the utility company and its predecessor for 25 years. Alliant named Chief Operating Officer Patricia L. Kampling to become chief executive and chairman after he... 

Gap Inc. GPS -0.31% said the leader of its Old Navy discount brand is departing to work at a privately held early-childhood education company. His decision to leave the casual-apparel retailer comes after Gap shook up management last year, including ousting its top designer, as part of a turn-around plan. After Tom Wyatt departs, effective Feb. 3, to become the chief executive of Knowledge Universe... 

TOKYO (MarketWatch) — The Tokyo Stock Exchange plans to keep shares of Olympus Corp. listed as it has concluded that the company’s accounting scandal did not have a significant effect on the stock market, the Asahi Shimbun reported Wednesday. Olympus avoided automatic delisting from the TSE when it filed its earnings by a Dec. 14 deadline. But shares in the scandal-hit maker of cameras... 

MELBOURNE (MarketWatch) — Fortescue Metals Group Ltd. shipped 14.8 million metric tons of iron ore during the final three months of last year, up 19% on the previous quarter to top earlier guidance of as much as 14 million tons, the Australian company said Tuesday in a statement. Fortescue achieved an annualized run rate of 59 million tons a year, and said it plans to maintain a 55 million ton...