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2023-11-08 19:16:04 ET Summary WeWork filed for Chapter 11 bankruptcy this week after a spectacular rise and fall. The bankruptcy will wipe out shareholders as creditors exchange debt for equity. Given WeWork is the largest lease-holder in the country with some 20 million squa...
2023-11-02 15:45:31 ET Summary Vornado Realty Trust has had a disruptive fiscal year, with suspended dividends and flagging funds from operations as interest expenses bite. The REIT's preferred shares offer compelling yields and a strong potential for high total returns. Vorna...
2023-11-02 15:30:07 ET Summary For nearly 15 years, corporations and especially the federal government have gorged on debt that was available at ultra-low interest rates. As those interest rates have risen sharply, the bill for all that debt is now starting to come due across the ...
2023-10-31 15:49:08 ET Vornado Realty Trust (VNO) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Steve Borenstein – Senior Vice President and Corporation Counsel Steven Roth – Chairman and Chief Executive Officer ...
2023-10-30 20:13:31 ET Summary Vornado Realty Trust's shares have underperformed the market and are down 15% since a previous recommendation to sell. The company's Q3 earnings showed a decline in adjusted funds from operations and a drop in occupancy rates. Ongoing challenges ...
2023-10-30 17:25:59 ET More on Vornado Realty Trust New York Office Risks Remain, But Vornado Is Appropriately Discounted Vornado Realty's 8.7% Yielding Preferreds For 60 Cents On The Dollar Vornado Vs. Kilroy Realty: I'm Upbeat On Both Of These High-Quality Office R...
2023-10-30 16:44:54 ET The return to office has stalled. With an average weekly occupancy rate of 49.8%, “you’re not seeing any more pickup from there,” said Ronald Kamdem, Morgan Stanley’s head of REIT and CRE, in a CNBC interview. Tenants, he said, are ...
2023-10-30 16:27:02 ET More on Vornado Realty Trust New York Office Risks Remain, But Vornado Is Appropriately Discounted Vornado Realty's 8.7% Yielding Preferreds For 60 Cents On The Dollar Vornado Vs. Kilroy Realty: I'm Upbeat On Both Of These High-Quality Office R...
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) reported today: Quarter Ended September 30, 2023 Financial Results NET INCOME attributable to common shareholders for the quarter ended September 30, 2023 was $52,846,000, or $0.28 per diluted share, ...
FMC Corporation (FMC) is expected to report $0.45 for Q3 2023 NCS Multistage Holdings Inc. (NCSM) is expected to report $2.59 for Q3 2023 Third Century Bancorp (TDCB) is expected to report for Q3 2023 ZoomInfo Technologies Inc. (ZI) is expected to report $0.15 for Q3 2023 Matson I...
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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 : ...