Adam Cataldo

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Articles

OpenAI Gets Pentagon Contract as Tech Companies Eye Defense Sector - 2nd Update

1 week ago | tradingview.com | Adam Cataldo |Katherine Hamilton

OpenAI Gets Pentagon Contract as Tech Companies Eye Defense Sector — 2nd UpdateBy Adam L. Cataldo and Katherine HamiltonOpenAI Public Sector was awarded a $200 million contract by the Defense Department to address national security challenges, marking the latest collaboration between Silicon Valley and the Pentagon. The San Francisco company will develop prototype frontier AI designed to help with a range of tasks, the Pentagon said Monday.
OpenAI Gets Pentagon Contract to Develop AI for National Security Challenges

1 week ago | tradingview.com | Adam Cataldo

OpenAI Gets Pentagon Contract to Develop AI for National Security ChallengesOpenAI Public Sector was awarded a $200 million contract to address national security challenges by the Defense Department. The San Francisco company will develop prototype frontier AI capabilities to address critical challenges in both warfighting and enterprise domains, the Pentagon said Monday. The contract was for work with the department's Chief Digital and Artificial Intelligence Office.
RTX Boosts Dividend 7.9% to 68 Cents Per Share

1 month ago | tradingview.com | Adam Cataldo

RTX Boosts Dividend 7.9% to 68 Cents Per ShareRTXRTX increased its quarterly dividend 7.9% to 68 cents per share from 63 cents. The increase was approved by the board of directors and announced by the company on Thursday. The payout is equal to $2.72 on an annual basis, and represents a dividend yield of 2.1% based on the latest closing share price of $127.41.
RTX Boosts Dividend 7.9% to 68 Cents Per Share

1 month ago | marketscreener.com | Adam Cataldo

RTX CORPORATIONAdd to a list Market Closed - Nyse 04:00:01 2025-05-01 pm EDT 5-day change 1st Jan Change 127.41 USD +1.01% +5.93% +10.10% RTX Boosts Dividend 7.9% to 68 Cents Per Share Published on 05/01/2025 at 16:28 RTX increased its quarterly dividend 7.9% to 68 cents per share from 63 cents. The increase was approved by the board of directors and announced by the company on Thursday.
IBM Raises Quarterly Dividend by 1 Cent

1 month ago | tradingview.com | Adam Cataldo

IBM Raises Quarterly Dividend by 1 CentIBMIBM hiked its quarterly dividend by 0.6% to $1.68 per share from $1.67. The Armonk, N.Y.-based company said Tuesday that the increase was approved by its board of directors, and is the 30th consecutive year IBM has raised its dividend. The new payout, equal to $6.72 annually, pays a yield of 2.8% based on the company's last closing price of $236.16 on April 28. The dividend is payable June 10 to stockholders of record as of May 9.
Utah School District to Sell $100 Million of Bonds for Capital Projects

Mar 19, 2025 | tradingview.com | Adam Cataldo

By Adam L. CataldoUtah's Davis School District's board of education plans to issue $100 million of municipal bonds to fund capital projects. The district will offer General Obligation Bonds Series 2025 in a competitive sale, and bids can be submitted electronically starting at 11:30 a.m. ET on March 27, according to a document posted Wednesday on MuniOS. A resolution on the sale of the bonds was approved by voters in a special bond election in November 2022.
Orlando Utilities Commission to Sell $272.3M of Revenue Bonds

Jan 21, 2025 | tradingview.com | Adam Cataldo

Orlando Utilities Commission to Sell $272.3M of Revenue BondsThe Orlando Utilities Commission plans to sell $272.3 million of bonds to help fund its five-year capital plan and pay down existing debt. The commission will issue $186.5 million of Utility System Revenue Bonds Series 2025 A, and $85.8 million of Series 2025 B Utility System Revenue Refunding Bonds, according to a preliminary official statement posted Tuesday on MuniOS.
Spirit AeroSystems Issues Going-Concern Warning

Nov 5, 2024 | wsj.com | Adam Cataldo

Spirit AeroSystems Holdings warned it has substantial doubts about its ability to continue operating as a going concern after reporting billions of dollars in net losses in the last four years, according to a Securities and Exchange Commission filing Tuesday. The designer and manufacturer for commercial and defense aircraft said its liquidity has been affected in part by the strike at Boeing and limitations on that company’s ability to increase production.
Sikorsky Wins $1.24 Billion U.S. Army Contract for Black Hawk Helicopter

Oct 28, 2024 | morningstar.com | Adam Cataldo

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Sikorsky Wins $1.24 Billion U.S. Army Contract for Black Hawk Helicopter

Oct 28, 2024 | tradingview.com | Adam Cataldo

Sikorsky Wins $1.24 Billion U.S. Army Contract for Black Hawk HelicopterLMTSikorsky received a modification worth $1.24 billion to an existing contract for work on the UH-60M Black Hawk helicopter. The work will be performed in Stratford, Conn., and it's estimated that it will be completed by Dec. 31, 2027. Sikorsky is a subsidiary of Lockheed Martin. Write to Adam Cataldo at [email protected]. © 2024 Dow Jones & Company, Inc. All rights reserved.