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Microsoft (MSFT): Microsoft struck a deal with the world’s largest copper producer to fast-track the digitization of its sprawling mining operations, helping it extend automation and improve analytics. The joint project with Microsoft will beef up the company’s capacity to make its production processes more efficient and promote “sustainability” within its operations, Codelco said in a statement. Codelco, like many Chilean miners, has fought in recent years to adopt new technologies to boost efficiency and keep down costs at its aging deposits, many of which suffer from declining ore grades. https://www.reuters.com/technology/chiles-codelco-strikes-deal-with-microsoft-extend-automation-its-copper-mines-2021-05-24/
Johnson & Johnson (JNJ): Johnson & Johnson said on Monday it has filed for regulatory approval of its one-shot COVID-19 vaccine in Japan, and that it can begin supplying doses to the country in early 2022 once it wins approval. https://news.yahoo.com/j-j-applies-covid-19-043413656.html
- Altria (MO) announced its next dividend of $0.86 per share, in line with the company’s previous payout.
- CIBC (CM) announced its next dividend of $1.46 CAD per share, in line with the company’s previous payout.
- Nordic (NAT) announced its next dividend of $0.02 per share, bringing the company’s total payout over the last twelve months down 30%.
Image by Jennifer Ditscheit from Pixabay