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2023-07-27 17:55:00 ET Vornado Realty Trust ( NYSE: VNO ) on Thursday said it had entered into a deal to sell four Manhattan retail properties along with the iconic Armory Show art fair in New York for a combined price of $124.4M. The four Manhattan properties are located at 5...
NEW YORK, July 27, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has entered into an agreement to sell four Manhattan retail properties located at 510 Fifth Avenue, 148 – 150 Spring Street, 443 Broadway and 692 Broadway and that it has sold The Armory Sho...
2023-07-27 08:50:49 ET Summary Dividend stocks are today offering a historic opportunity. Share prices are down and dividend yields are now materially higher. We show the huge difference that it can make over the long run. Co-produced by Austin Rogers. If you...
2023-07-24 08:05:00 ET Summary There are many bargains in the REIT sector today. But not all that glitters is gold. Quite a few REITs can't sustain their dividends. Here are 5 of them. I am buying a lot of REITs right now because they essentially allow you to invest ...
2023-07-21 23:07:40 ET Summary An update on Cooper Standard, BAC, VNO, Small Caps, Rates, Fed, earnings, outlook and more, with a focus on not chasing indices in 2H. Bank of America's monthly "Fund Manager Survey" revealed that managers have increased their cash positions and are ...
2023-07-21 13:24:25 ET Summary We are seeing more defaults in the commercial real estate sector as well as many fire sales around big office buildings in major cities. This trend is accelerating, and a new report from McKinsey projects $800 billion of commercial real estate values...
2023-07-14 00:21:43 ET Summary Inflation has dropped to the mid to low 3% levels as predicted, with the 10-year yield and USD also falling. Despite this, expectations of the Federal Reserve skipping a hike at the July meeting have not changed, though this may alter in the future. ...
2023-07-11 06:48:27 ET Summary Vornado Realty Trust, a New York City-focused office REIT, is a good investment option for income investors looking for reliable high dividend income, despite the current challenges in the office sector. The company's preferred shares, particularly S...
2023-07-10 09:00:00 ET Summary Vornado Realty Trust shares have climbed 50.28% to $18.50 after a multi-decade low, and the company is expected to benefit from SL Green Realty's sale of a 49.9% stake in their 245 Park Ave building. VNO has a strong liquidity position, with $1.31 bi...
2023-07-02 09:00:00 ET Summary U.S. equity markets closed-out a volatile first-half at their highest-levels of the year as investors cheered data showing continued resilience in economic activity alongside further signs of cooling inflationary pressure. Rebounding from its worst w...
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The newly completed Plaza33 is a pedestrian park filled with greenery, seating and lined with authentic New York restaurants, all atop New York’s most accessible transit hub See photos of the new plaza at www.vno.com/plaza33 NEW YORK, June 24, 2024 (GLOBE NEWSWIRE) --...
2024-06-12 10:00:08 ET John Kim from BMO Capital issued a price target of $29.00 for VNO on 2024-06-12 07:51:00. The adjusted price target was set to $29.00. At the time of the announcement, VNO was trading at $23.76. The overall price target consensus is at $31.20 with ...
2024-06-12 09:30:04 ET BMO Capital analyst issues MARKET PERFORM recommendation for VNO on June 12, 2024 07:51AM ET. The previous analyst recommendation was Market Perform. VNO was trading at $23.76 at issue of the analyst recommendation. The overall analyst consensus : ...