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Toronto-based Maple Rock Capital Partners sold 415,584 shares of Avis Budget Group in the third quarter. The move marked a full exit for Maple Rock, effectively eliminating a position previously valued at $70.3 million.
Carmakers BMW and Toyota and auto rental and leasing firms from across Europe urged the European Commission on Monday not to set mandatory targets for electric vehicle purchases for corporate fleets, arguing it would be cripplingly expensive and counter-productive.
Canadian Apartment Properties Real Estate Investment Trust ( CAR.UN:CA ) Q3 2025 Earnings Call November 7, 2025 9:00 AM EST Company Participants Nicole Dolan - Director of Investor Relations Mark Kenney - CEO, President & Trustee Julian Schonfeldt - Chief Investment Officer Stephen Co - Chief Financial Officer Conference Call Participants Jonathan Kelcher - TD Cowen, Research Division Bradley S...
Avis Budget Group (NASDAQ: CAR) delivered a sharp earnings surprise on Monday after the close, posting $10.11 in adjusted EPS that crushed consensus expectations of $8.12.
PARSIPPANY, N.J., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced financial results for third quarter 2025 today. We ended the quarter with revenues of $3.5 billion, net income of $360 million, and Adjusted EBITDA1 of $559 million.
Canadian Apartment Properties REIT trades at a 30% discount to book value, reflecting market concerns despite strong fundamentals. FFO per unit rose 3% year-over-year, with a conservative dividend payout ratio and improved underlying property performance due to asset recycling. Proceeds from European Residential Real Estate sales bolster liquidity, enabling share buybacks and positioning CAR.UN...
PARSIPPANY, N.J., Oct. 03, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) announced today that it plans to report its third quarter 2025 results after the market close on Monday, October 27th, 2025, and to host a conference call for institutional investors to discuss these results on Tuesday, October 28th, 2025, at 8:30 a.m.
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