NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility services, infrastructure solutions, and parking management today announced a 10-year partnership with Utica University to help transform its campus-wide facilities management operations and create engaging and sustainable spaces for students, faculty and staff. As one of the largest providers of higher education facility solutions in the United States, ABM will bring its industry-leading expertise to the Utica, New Y ...

Peter Lynch is renowned as one of the greatest investors of all time. During his 13-year reign at Fidelity Magellan, assets under management (AUM) grew from $20 million to $14 billion, a 29% compounded annual growth rate (CAGR).To put that in perspective, Warren Buffett has a 20% CAGR at Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B), albeit over a 60-plus-year tenure. Yet, where Buffett was more of a classic value investor, Lynch was more growth-oriented. He also looked for companies at reasonable prices. And ...

ABM Industries (ABM) is one of the world’s largest facility services and solutions providers. It has performed exceptionally well over the past three months and has the potential to sustain its momentum in the near term. Consequently, if you have not taken advantage of the share price appreciation yet, it is time for you to add the stock to your portfolio.What Makes ABM an Attractive Pick?An Outperformer: A glimpse at the company’s price trend reveals that the stock has had an impressive run over the past t ...

   NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, announced today that Scott Salmirs, President and CEO, has been awarded the number one spot on the Empower Advocates 2024 Role Model list. This is the second consecutive year Salmirs has been named to the list recognizing leaders dedicated to creating a more inclusive environment for people of color in business. "Receiving this recognition is an ...

   NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management, announced today that Scott Salmirs, President and CEO, has been awarded the number one spot on the Empower Advocates 2024 Role Model list. This is the second consecutive year Salmirs has been named to the list recognizing leaders dedicated to creating a more inclusive environment for people of color in business. “Receiving this recognition is an ...

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE:ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company's fiscal second quarter 2024 on Thursday, June 6, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Thursday, June 6, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors' section of the Company's website, www.abm.com, or by dialing (877) ...

NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- ABM (NYSE: ABM), a leading provider of facility solutions, today announced that it will release its financial results for the Company’s fiscal second quarter 2024 on Thursday, June 6, 2024, before market open. ABM will host its quarterly conference call for all interested parties on Thursday, June 6, 2024, at 8:30 AM (ET). The live conference call can be accessed via audio webcast at the ‘Investors’ section of the Company’s website, www.abm.com, or by dialing (877) ...

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) --  ABM (NYSE:ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management is expanding its capabilities and focus to serve comprehensive fleet electrification, as eCommerce, distribution, last mile, airports, stadiums, municipal and public transit clients seek to scale the electrification of their fleets over the coming years. With over 30,000 EV ports installed nationwide, ABM is a leader in eMobility and energy infrastr ...

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) --  ABM (NYSE: ABM), a leading provider of integrated facility services, infrastructure solutions, and parking management is expanding its capabilities and focus to serve comprehensive fleet electrification, as eCommerce, distribution, last mile, airports, stadiums, municipal and public transit clients seek to scale the electrification of their fleets over the coming years. With over 30,000 EV ports installed nationwide, ABM is a leader in eMobility and energy infrast ...

blackred Investment Thesis I last covered ABM Industries Incorporated (NYSE:ABM) in November 2023 with a neutral rating as I was concerned about the slowdown in the commercial office end market. However, the company is executing well and despite the macro headwind related to commercial office space market impacting its largest B&I segment, it was able to post Y/Y growth by outperforming the B&I end market and posting good growth in the remaining segments. Looking forward, I expect the healthy growth in ...