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Transurban profit up on traffic volumes, cost cuts

Transurban profit up on traffic volumes, cost cuts

Transurban Group on Tuesday reported a 25% rise in first-half profit driven by increased toll revenue and lower costs, while maintaining its full year distribution guidance.

AMR’s American Air traffic up 1.4% in January

AMR’s American Air traffic up 1.4% in January

AMR Corp.’s AAMRQ -1.01% American Airlines saw a modest improvement in traffic last month as the carrier reported increases in international traffic and overall capacity.

Ardent Mines – ADNT.US

Ardent Mines – ADNT.US

Ardent Mines has positioned itself to develop low cost gold mining operations in Brazil, a mining friendly jurisdiction.

Chunghwa Telecom to expand workforce by 8% in 2012

Chunghwa Telecom to expand workforce by 8% in 2012

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,…

Micron Technology appoints Mark Durcan as CEO

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,…

Corning sees non-LCD operations driving growth

Corning sees non-LCD operations driving growth

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.

Aeropostale taps Hirtler-Garvey to chair board

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.

Fiserv earnings up 23% on higher revenue

Fiserv earnings up 23% on higher revenue

Fiserv Inc.’s FISV -1.16% fourth-quarter earnings rose 23% due to higher revenue in its main business segments.

Panasonic reported forecasting record annual loss

Panasonic reported forecasting record annual loss

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,…

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

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

SK Telecom Co. , South Korea’s largest mobile carrier by subscribers, said Thursday its fourth-quarter net profit fell 61% from a year earlier,…

Newmont reportedly in coal ops sale talks

Newmont reportedly in coal ops sale talks

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.

Disney agrees to buy out India’s UTV Software

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.

Fortinet quarterly profit up 2.2% as billings jump

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.

Brekford Corp. (OTCQB:BFDI)

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,…

Origin Energy gas, oil revenue up on higher prices

Origin Energy gas, oil revenue up on higher prices

Origin Energy Ltd. on Tuesday reported a 5% rise in first-half revenue from its oil and gas operations after lower production was offset by higher commodity prices.

Ivanhoe Australia names UBS to find partner

Ivanhoe Australia names UBS to find partner

Ivanhoe Australia Ltd. said Tuesday it has hired UBS to help find a strategic partner for a string of Australian base metals projects, as it vies to secure long-term funding to bring them into production.

QuamTel (OTCBB: QUMI).

QuamTel (OTCBB: QUMI).

QuamTel was founded in January 1996 to deliver managed pre-paid global communication products and services. Through its subsidiaries WQN and DataJack,…

Ardent Mines Appoints Luciano de Freitas Borges as President

Ardent Mines Appoints Luciano de Freitas Borges as President

Ardent Mines Ltd. (OTCQB: ADNT) (the “Company” or “Ardent Mines”), a precious resources exploration, development,…

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

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

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.

Samsung profit up 17% on record smartphone sales

Samsung profit up 17% on record smartphone sales

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,…