The Australian toll road company’s net profit for the six months to Dec. 31 rose to A$93.2 million from A$74.7 million a year earlier.

Proportional earnings before interest, tax, depreciation and amortization–a measure closely watched by analysts–increased 7.5% to A$390.0 million, beating a Goldman Sachs forecast of A$377.5 million.

Transurban declared an interim dividend of 14.5 cents per security and stuck to its guidance for the full year of at least 29 cents.

It said the upgrade of the M2 tollway in Sydney is about half-finished and expected to reach completion in the first half of 2013. The Capital Beltway project in the U.S. is over 80% done and on track for completion by the end of 2012, it said.

SOURCE: http://www.marketwatch.com/story/transurban-profit-up-on-traffic-volumes-cost-cuts-2012-02-06

Ardent Mines also exercised its exclusive option to acquire the mineral rights on the Serra do Sereno property, located in Carajas, Brazil, one of the better known mining districts in the world. Ardent Mines is headquartered in New York, and has a field office in Brasilia. The Company has 16.3 million shares outstanding, and trades under the ticker symbol ADNT.

Ardent Mines is committed to developing gold, silver, and copper mines around the world, with strong emphasis on Latin America and on Brazil in particular.

The corporate policy is to develop mining properties with maximum care for the environment.

The company has assembled an extraordinary Board of Directors and experienced Management, our most precious corporate resource.

The Mission of the Company is to create value for our shareholders by acquiring and developing a diversified portfolio of gold, silver, and copper mines, with significant reserves, as well as assembling the best professional talent, in order to effectively execute a profitable operation of these mines.

Ardent Mines has completed the acquisition of Gold Hills Mining, Ltda. in Brazil. They have retained SRK Consulting to assist us in organizing a comprehensive Exploration Program for the property, expected to start during the Summer or 2011.

On May 4, 2011, Ardent Mines signed an exclusive option to acquire the mineral rights on Serra do Sereno, a 10,000 Has. property located in Carajas, the leading mining district of Brazil, known to host the largest Iron, Gold and Copper reserves of this nation.

Upon completing the acquisition of Gold Hills Mining Ltda. and securing the mineral rights of Serra do Sereno, Ardent Mines will focus on the exploration and development of these two extraordinary properties.

Share Structure

Total Shares Outstanding: 16,273,391

Trading float: 5,895,150

Options: 1,300,000 at $4,75

Warrants: 51,600 with an exercise price of $3.85/share for 1 year, 259,741 with an excersise price of $4.15/share

Management stock ownership: 12%

Shares authorised(not issued): 100,000,000

Reporting Status U.S. Registered & Reporting: SEC Filer
Audited Financials Audited
Latest Report

CIK 0001129018
Fiscal Year End 6/30

Incorporated In: NV, USA
Year of Inc. 2000

Legal Counsel
WUERSCH & GERING LLP
100 Wall Street, 21st Fl. | New York, New York 10005
212-509-5050 (firm)| 212-509-9559 (fax)
www.wg-law.com

Stock Transfer Agent 
Pacific Stock Transfer Company
4045 South Spencer Street, Suite 403
Las Vegas, NV 89119
Tel: (702) 361-3033
Fax: (702) 433-1979
www.pacificstocktransfer.com

Auditors:
MaloneBailey, LLP
10350 Richmond Avenue, Suite 800
Houston, TX 77042
o: 713.343.4253
f: 713.343.3453
www.MaloneBailey.com

SOURCE: Ardent Mines Ltd. http://www.ardentmines.com

Net profit in the three months ended Dec. 31 fell to KRW196 billion (US$175.2 million) from KRW502.5 billion a year earlier, SK Telecom said.

The result was worse than the average KRW302.8 billion net profit forecast of five analysts recently polled by Dow Jones Newswires.

Operating profit also declined, falling 35.7% to KRW329.4 billion from KRW512.2 billion while sales fell 2.3% to KRW3.930 trillion from KRW4.023 trillion.

SK Telecom cut mobile phone fees late last year at the government’s behest, as part of a broad national campaign to fight inflation.

SOURCE: http://www.marketwatch.com/story/koreas-sk-telecom-post-61-net-profit-drop-in-q4-2012-02-01

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 and other effects, per-share earnings rose to 14 cents from 11 cents as revenue jumped 29% to $120.9 million.

The company’s upbeat guidance in October had called for a per-share profit of about 12 cents, and $114 million to $116 million in revenue.

Gross margin narrowed to 73.1% from 74.1%.

Billings reached $475.8 million, up 27% from a year ago.

SOURCE: http://www.marketwatch.com/story/fortinet-quarterly-profit-up-22-as-billings-jump-2012-01-31

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 as well as to the general consumer and business populations who cannot or do not want to be locked into long-term contracts for telecommunications services.

QuamTel concentrates its marketing efforts on customers who prefer or need to pre-pay for mobile data, International calling and global VoIP services. The Company’s no-contract, no-credit check policy allows it to service a wide spectrum of consumers and business customers while providing an easy and economical way to use and purchase those services without sacrificing quality. QuamTel also focuses on developing proprietary technologies that control and manage associated communication devices for both carriers and consumers.

QuamTel was the first company to transition calling cards from a simple, static card with no value-added services to a feature-rich, e-commerce-based calling account where the consumer has the power to view account features such as call history, purchase history, call details and more. In addition, QuamTel was the first calling card company to introduce automatic number identification (ANI) which eliminates the need for users to enter a PIN number, making calling faster and easier.

QuamTel developed its proprietary QuamTel Application Network (QAN), a next-generation e-commerce sales and service platform that has been designed to dramatically increase the quality and value of the telecommunications services it provides to both retail and wholesale customers. This plug-n-play platform allows QuamTel to quickly and more easily create new features and functionality that add substantial revenue streams, such as toll-free services, global international voice-over-internet services and country-specific celebrity branded international communication sites. Its modular application architecture creates a highly flexible and scalable development environment that provides easy integration of newly acquired companies like Datajack, Inc. and products and brands such as 800.com.

In addition to its consumer and business-to-business products and services, QuamTel also offers its portfolio of sophisticated, user-friendly telecommunications products to third parties utilizing cloud computing and delivering the product as Software as a Service (SaaS). The object-oriented architecture of the QuamTel Application Network greatly reduces the time-to-market normally associated with new product and service offerings. In addition to telecommunications, our newly developed e-commerce sales and support modules have also been made readily available to wholesale customers. These wholesale clients have full control to host one of our many customized web portals and associated web services anywhere in the cloud and communicate directly with QuamTel’s robust back-end transactional processing system. This sophisticated e-commerce system not only enhances customer service and provides additional revenue streams, but it has also created more robust integration with Google ad-word campaigns, resulting in deeper market penetration through more effective and cost-efficient outbound marketing for QuamTel’s subsidiaries and brands.

The QuamTel Application Network is the latest in a series of dynamic moves by QuamTel and its key subsidiaries, DataJack and WQN, all designed to dramatically enhance what is already the cornerstone in the next-generation internet-based telecommunications and data transfer technology systems.

SOURCE: http://www.quamtel.com/cfiles/investors.cfm

Samsung, the world’s largest technology firm by revenue, said its net profit for the three months ended Dec. 31 rose to KRW4 trillion (US$3.57 billion) from KRW3.42 trillion a year earlier. In the third quarter, Samsung reported a net profit of KRW3.44 trillion.

The result was lower than the average KRW4.12 trillion net profit forecast in a poll of six analysts.

Samsung’s new revenue generators, such as high-end organic light-emitting diode displays and mobile processing semiconductors, cushioned the impact of a continued profit squeeze at the company’s liquid crystal display and computer memory chip businesses. The deal to sell Samsung’s hard disk drive business to U.S.-based Seagate Technology Inc. for $1.4 billion and the reversal of some provisions on royalties to Microsoft Corp. for Samsung’s Android-based smartphones and tablets also boosted income in the fourth quarter.

The firm’s operating profit and sales were in line with the company’s guidance issued earlier this month. Operating profit rose 75.8% to a record KRW5.3 trillion, from KRW3.01 trillion a year earlier, while sales rose 13% KRW47.3 trillion, from KRW41.87 trillion. Samsung had forecast a consolidated operating profit of between KRW5.0 trillion and KRW5.4 trillion on sales of between KRW46 trillion and KRW48 trillion.

Analysts said conditions in the global technology industry will remain challenging this year due to the lingering uncertainties over the global economy and Europe’s debt troubles, but the electronics giant’s earnings momentum will remain robust as its brisk sales of smartphones will continue to drive sales of its components.

“Samsung’s operating profit will decrease to about KRW4.48 trillion in the first quarter due to the traditionally slower selling season, but will rebound from the second quarter as smartphone sales growth will continue, which will help strengthen the synergies between the company’s set products and components,” Solomon Investment & Securities said in a report.

For the full year in 2011, Samsung posted a net profit of KRW13.73 trillion on record sales of KRW165 trillion.

SOURCE: http://www.marketwatch.com/story/samsung-profit-up-17-on-record-smartphone-sales-2012-01-26

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 market.

The company predicted adjusted first-quarter earnings of 22 to 33 cents a share on revenue of $360 million to $400 million. Analysts surveyed by Thomson Reuters expected 15 cents and $296 million respectively.

The company’s results have been faltering in recent quarters, as its chip-maker clientele faces wilting demand. The company swung a loss from continuing operations before income taxes of $9.2 million in the latest period versus a year-earlier profit of $50.8 million. The latest period included a $134 million tax-provision benefit.

But overall, Teradyne posted a profit of $125.1 million, or 56 cents a share, from $60.1 million, or 27 cents a share, a year earlier. The latest results included acquisition costs and pension settlement, while the previous year’s results included employee severance and a facility-related benefit. Excluding items, earnings from continuing operations fell to 16 cents a share from 35 cents.

Revenue decreased 4.2% to $297 million.

In October, Teradyne forecast adjusted per-share earnings of 8 cents to 16 cents on revenue between $270 million and $300 million.

Gross margin fell to 45.9% from 52.7%.

SOURCE: http://www.marketwatch.com/story/teradyne-earnings-jump-on-tax-benefit-shares-up-2012-01-25

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 retires. She joined the company in 2005, most recently serving as operating chief and financial chief and treasurer before that.

Before joining Alliant, Kampling spent more than 20 years in various finance, regulatory and engineering positions at Exelon Corp. EXC +0.33% .

Recently, results at Alliant–an electric and natural-gas utility centered in the upper Midwest–have been uneven results because of tepid demand for power and low gas volume. In its latest quarterly results, profit fell 18% on lower electric revenue despite a revenue jump in its nonregulated business.

Shares were up nine cents at $42.99 after hours. Through the close, the stock has risen 15% in the last year, better than the market at large.

SOURCE: http://www.marketwatch.com/story/alliant-energy-ceo-to-retire-in-march-2012-01-21

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 United States, Gap plans for two Old Navy veterans–division Chief Creative Officer Nancy Green and Tom Sands, executive vice president of stores and operations for Old Navy–to lead Old Navy in the interim.

It will conduct a formal search for a permanent president of Old Navy.

Wyatt, 56, joined Gap in 2006 and had led Old Navy since August 2008.

The company said Green has more than 19 years of experience within Gap, having started as a merchandise trainee in 1986. Sands will take on additional operational functions within the brand. Sands has held senior operations roles within Gap, having previously worked at Target Corp. (TGT).

Lately, Gap’s earnings have been sliding, although its bottom lines have been exceeding guidance after several key trend misses in recent years. In October, the retailer said it would shut 21% of its namesake North American stores over the next two years, coming to terms with the overextension of its store network before the recession and predictions that U.S. growth will be slow.

Shares were down 1.3% at $19.12 after hours.

SOURCE: http://www.marketwatch.com/story/gaps-old-navy-pres-leaves-for-education-company-2012-01-19

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 and endoscopes had remained under the risk of delisting as the TSE examined whether the company’s fraudulent accounting had “a material impact” on its shares.

The report comes after the Nikkei newspaper reported last week that the TSE is likely to designate Olympus’s stock as “on alert,” whereby the company must file annual progress reports on efforts to improve corporate governance and information disclosure.

SOURCE: http://www.marketwatch.com/story/tokyo-bourse-to-keep-olympus-shares-listed-report-2012-01-17