ABM Industries Inc. ( ABM ) shares are trading higher after the company reported third-quarter earnings and raised guidance. Sales grew 3.3% Y/Y to $2.09 billion, beating the consensus of $2.037 billion. Revenue growth was driven by Technical Solutions (+25% Y/Y) and Aviation (+13%), with Education increasing by 4% Y/Y. Operating expenses increased 3.7% Y/Y to $1.83 billion, and operating profit declined 73.1% Y/Y to $37.4 million in the quarter. Adjusted...

Sept 6 (Reuters) - Uruguayan digital payments company dLocal on Friday appointed Carlos Menendez as chief operating officer effective immediately, the company said in a statement. Jacobo Singer, who currently serves as COO and co-president, will continue to serve in both roles during a transition period until December 15, 2024. We are excited to welcome Carlos as our new COO....

Faraday Future Intelligent Electric Inc. ( FFIE ) shares are trading higher Friday after the company secured $30 million in financing commitments from investors in the Middle East, the U.S. and Asia. The Details: The new financing commitment includes a previously funded $7.5 million and $22.5 million of new investment in the form of convertible notes and warrants to acquire...

TORONTO (Reuters) - Royal Bank of Canada ( RY ) is betting on alternative investments and emerging markets debt and equity to boost its U.S. global asset management business, said new CEO Donald Sanya, who aims to ramp up hiring. Born and raised in Nairobi, Kenya, Sanya took charge in August and leads a team of 225 employees in the...