Dow Jumps 350 Points On Rate Cut Bets: Fear & Greed Index Remains In 'Neutral' Zone - Children's Place (NASDAQ:PLCE), ABM Indus (NYSE:ABM)

Children’s Place Inc (NASDAQ:PLCE) shares fell 2.8% after hours after drawing $15M from its credit facility with Mithaq Capital SPC. The draw was the first under a $40M commitment, reducing remaining availability to $25M. The subordinated loan matures April 16, 2031; proceeds will be used to prepay revolver amounts, reduce payables, and for general purposes.

Baird raised its price target for ABM Industries (ABM) to $48 from $45 and kept a Neutral rating after the company’s better-than-expected Q2 results, according to Baird. ABM reported Q2 revenue up 8.4% to $2.3 billion, adjusted EBITDA of $131.7 million, and organic revenue growth of 6.1%; first-half new sales bookings hit a record $1.2 billion.

ABM reaffirmed its FY2026 outlook, expecting organic revenue growth toward the top end of 3%–4% and total revenue growth toward 4%–5%. Segment operating margin is projected near the low end of 7.8%–8.0%, with adjusted EPS of $3.85–$4.15. In Q2, net income was $43.1M ($0.73/share) on $2.3B revenue (+8.4% YoY). ABM declared a $0.29 dividend.

ABM Industries (NYSE: ABM) is set to report fiscal Q2 earnings before the open on Friday, June 5. Analysts expect EPS of 88 cents (up 2.3% y/y) on revenue of $2.21 billion (up 5.2% y/y). The article notes ABM shares rose 1.76% to $39.88 on Thursday and that the company received a 4-Star Employer designation in May 2026.

Aben Gold Corp. (TSX-V: ABM) announced a non-brokered flow-through private placement to raise up to $1.5 million by issuing up to 7.5 million FT units at $0.20 each. Each unit includes a flow-through share and half a warrant exercisable at $0.30 for 24 months. Proceeds fund exploration and drilling on its Justin gold-tungsten property in Yukon; TSX Venture approval is required.

Rocket Lab was selected by Viasat to supply the satellite bus for Viasat’s U.S. Space Force anti-jam Protected Tactical SATCOM-Global (PTS-G) Swarm 1 spacecraft, using Rocket Lab’s Lightning-GEO platform. Viasat will integrate, operate, and lead the prime role; Rocket Lab builds the bus. The Swarm 1 delivery order totals about $437.7M across contractors; terms were not disclosed.