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Vornado Realty Trust News

News on Vornado Realty Trust (Ticker: VNO) continually updated from thousands of sources around the net.

Yesterday | Journal Gazette

Penney's board unchanged despite losses

Penney's board unchanged despite losses

Comment?

Related Topix: JC Penney, Retail, Plano, TX, Real Estate

Thu May 16, 2013

Business Journal

Key Lincoln Road property owners endorse South Beach ACE plan

Vornado Realty Trust and a handful of key Lincoln Road property owners have endorsed South Beach Ace's proposal to modernize the Miami Beach Convention Center.

Comment?

Related Topix: Real Estate

Tue May 14, 2013

The Real Deal

Manhattan's 10 most valuable office leases of Q1

The priciest office lease deal signed in the first quarter of 2013 was Macy's $620-plus million renewal at 11 Penn Plaza, according to The Real Deal's first-ever quarterly ranking of Manhattan's most valuable leases.

Comment?

Related Topix: Manhattan, NY, New York, NY, Investment Banking, Financial Services, Jefferies Group, Investment Services, Real Estate

Mon May 13, 2013

St. Petersburg Times

Hyde Park Village shopping center up for sale

Owners of the sprawling home to businesses including CineBistro, LA Fitness and Pottery Barn began seeking bidders over the past week but have given no listing price, said Madison Marquette senior vice president Chuck Taylor, whose firm is a partial owner.

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Related Topix: Real Estate

Retailing Today

Toys 'R' Us shakes up its leadership

The company has announced that Michael D. Fascitelli and Michael Ward have resigned their spots on the company's board of directors.

Comment?

Related Topix: Real Estate

Sat May 11, 2013

Barron's

Why REITs Will Stay on a Roll

Green Street Advisors' Mike Kirby likes Equity Residential, Taubman Centers and Vornado Realty Trust.

Comment?

Related Topix: REIT, Personal Finance, Real Estate

Fri May 10, 2013

Curbed

Construction Watch: Springfield Mall Gets Much Needed TLC

There are a couple of malls in the area that could be accurately described as "Where Happiness Goes to Die" , but Springfield Mall might be in worse shape than any of them.

Comment?

Related Topix: Real Estate

The Real Deal

Vornadoa s Roth may lose Penney board seat over ousting of retailera s CEO

Vornado Realty Trust chairman Steven Roth could be ousted from the board of J.C. Penney for playing a role in recruiting the retailer's ousted CEO Ron Johnson, the Wall Street Journal reported.

Comment?

Related Topix: Real Estate, Corporate Governance, Law

Seeking Alpha

Did Ron Johnson Wreck J.C. Penney?

We have been following J.C. Penney Company Inc. off and on since 2011 because Bill Ackman had taken a position in JCP and because Ackman was influential in recruiting Ron Johnson away from Apple Retail in order to become JCP's new CEO to succeed Myron Ullman, who was JCP's CEO from 2004-2011. Although we demurred from taking a stake in JCP, we were ... (more)

2 comments

Related Topix: JC Penney, Retail, Management, Real Estate

Wed May 08, 2013

Business Journal

Vornado's Schear: Whole Foods a 'game changer' for Pentagon City

Vornado Realty Trust has locked in Whole Foods Market Inc. for its 700-unit residential project on the border of Pentagon City and Crystal City, company leaders said Tuesday in their quarterly earnings call.

Comment?

Related Topix: Retail, Whole Foods Market, Grocery, Real Estate, Arlington County, VA

Wall St. Cheat Sheet

Vornado Realty Trust Earnings Call Nuggets: Non-Core Assets and Dispositions

Vornado Realty Trust recently reported its first quarter earnings and discussed the following topics in its earnings conference call.

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Related Topix: Real Estate

Tue May 07, 2013

AmericanBankingNews.com

Vornado Realty Trust's Overweight Rating Reaffirmed at JPMorgan Chase

's stock had its "overweight" rating reiterated by investment analysts at JPMorgan Chase in a note issued to investors on Tuesday, Analyst Ratings Network.com reports.

Comment?

Related Topix: Real Estate

SNL Financial

Another long run as CEO 'not appropriate,' Vornado's Roth says

Michael Fascitelli as CEO for an expected short run in the post, deflected analysts' inquiries on the company's first-quarter call May 7 about his second tour as chief executive, but then was persuaded to provide some color.

Comment?

Related Topix: Real Estate

GlobeSt.com

Vornado: Wrong Time For Buying

Posting an Internship? The help you need could help a student get the experience today's job market demands! Post your Intern Jobs on GlobeSt.com Career Center.

Comment?

Related Topix: Real Estate, Valley Stream, NY, REIT, Personal Finance

Business Journal

Vornado investing millions in Springfield Mall transformation

The shuttered Springfield Mall under reconstruction in late February. It will reopen in mid-2014 as the $225 million Springfield Town Center.

Comment?

Related Topix: Real Estate, Springfield, OR

Business Journal

Vornado gets a bad Penney; Steve Madden and Henry Schein shine

Real estate investment trust Vornado Realty Trust said its first-quarter results were hurt by its investment in J. C. Penney Co.

Comment?

Related Topix: Real Estate, Henry Schein, Medicine, Medical Equipment, Healthcare Industry, Long-Island-City, NY

Mon May 06, 2013

Wall St. Cheat Sheet

Vornado Realty Trust Earnings: Here's Why Investors are Happy Now

Vornado Realty Trust delivered a profit and missed Wall Street's expectations, BUT beat the revenue expectation.

Comment?

Related Topix: Real Estate

Globe and Mail

UPDATE 1-Vornado's first quarter hurt by JC Penney stake

ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.

Comment?

Related Topix: JC Penney, Real Estate, Retail, Reuters, Media, Medicine, Triad Hospitals, Computers, IT Services, Hospital Administration, Healthcare Industry, Thomson

Reuters

UPDATE 1-Vornado's first quarter hurt by JC Penney stake

Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its Washington office portfolio.

Comment?

Related Topix: Real Estate, JC Penney, Retail

Thu May 02, 2013

AmericanBankingNews.com

Vornado Realty Trust (VNO) Plans Quarterly Dividend of $0.73

Vornado Realty Trust announced a quarterly dividend on Thursday, May 2nd, AnalystRatingsNetwork.com reports.

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Related Topix: Real Estate

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