|Bid||64.06 x 900|
|Ask||64.05 x 800|
|Day's Range||64.00 - 65.29|
|52 Week Range||59.48 - 77.59|
|Beta (3Y Monthly)||0.93|
|PE Ratio (TTM)||21.01|
|Earnings Date||Jul 29, 2019|
|Forward Dividend & Yield||2.64 (4.06%)|
|1y Target Est||73.17|
ALEXANDER’S, INC. (ALX) today announced that Vornado Realty Trust (VNO), the manager which conducts Alexander’s operations, will host a quarterly earnings conference call and an audio webcast on Tuesday, July 30, 2019 at 10:00 a.m. Eastern Time (ET). The conference call can be accessed by dialing 888-771-4371 (domestic) or 847-585-4405 (international) and indicating to the operator the passcode 48773624. A telephonic replay of the conference call will be available from 1:30 p.m. ET on July 30, 2019 through August 29, 2019. To access the replay, please dial 888-843-7419 and enter the passcode 48773624#. A live webcast of the conference call will be available on Vornado’s website at www.vno.com and an online playback of the webcast will be available on the website following the conference call.
VORNADO REALTY TRUST (VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2019 with the U.S. Securities and Exchange Commission and issue its second quarter earnings release on Monday, July 29, 2019, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, July 30, 2019 at 10:00 a.m. Eastern Time (ET). Vornado Realty Trust is a fully-integrated equity real estate investment trust.
NEW YORK, July 16, 2019 -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended June 30, 2019 will include the items listed in.
Philip Green’s Arcadia Group promised to fight a legal challenge from US property firm Vornado that threatens to derail its crucial debt restructuring process. Arcadia, which owns fashion chain Topshop and a host of other brands, won approval for its proposed company voluntary arrangement — a type of insolvency deal — at a tense meeting with creditors last month. Arcadia operated 11 shops in the US, all of which are set to shut down.
Vornado Realty Trust NYSE:VNOView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for VNO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding VNO are favorable, with net inflows of $8.70 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. VNO credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Philip Green's fashion empire Arcadia Group said on Tuesday it received applications from legal entities of U.S.-based property group Vornado challenging two of its seven planned Company Voluntary Agreements (CVAs). Arcadia said the challenges to the CVAs, which were approved in June by the majority of creditors, were "without merit" and it would defend itself against them.
NEW YORK, July 11, 2019 -- VORNADO REALTY TRUST (NYSE:VNO) announced today that it has completed the previously announced sale of its 25% interest in 330 Madison Avenue to its.
(Bloomberg) -- Abu Dhabi’s sovereign wealth fund agreed to buy about a 30% stake in Domestic & General Group Ltd., the U.K. appliance warranty provider owned by CVC Capital Partners.The deal with the Abu Dhabi Investment Authority is expected to close by year-end, Domestic & General said in an emailed statement Wednesday, which confirmed an earlier Bloomberg News report. It didn’t disclose financial terms. The transaction values Domestic & General, which is used by one-third of U.K. households, at just over 1 billion pounds ($1.25 billion), people with knowledge of the matter said.CVC opted for a deal with ADIA, one of the world’s largest sovereign wealth funds, instead of an initial public offering of the business due to market uncertainty, one of the people said, asking not to be identified because the information is private.Sovereign wealth funds have been stepping up direct investments as they seek to generate returns in a low interest rate environment. ADIA has teamed up with EQT Partners in its pursuit of Nestle SA’s $10 billion skincare business. The fund was also planning to buy out Vornado Realty Trust’s 25% stake in a Manhattan office tower, a person familiar with the matter said in June.ADIA doesn’t divulge its assets under management, but it has been estimated to have about $696 billion. That makes it the third-largest in the world, according to data from the Sovereign Wealth Fund Institute.Domestic & General has about 16 million customers globally, with a presence in 11 countries including the U.K., Spain, Germany, France and Australia, according to the statement. CVC first invested in Domestic & General, which has about 2,000 employees in the U.K., in 2013. Since then, it has increased annual revenue from 633 million pounds to 811 million pounds, according to Wednesday’s statement. The buyout firm will transfer its remaining 70% holding in the business to Fund VII, which it raised in 2017, the statement shows. To contact the reporters on this story: Dinesh Nair in London at firstname.lastname@example.org;Sarah Syed in London at email@example.comTo contact the editors responsible for this story: Ben Scent at firstname.lastname@example.org, Fion LiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
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Abu Dhabi Investment Authority (ADIA) said on Wednesday it had bought a 25% stake in 330 Madison Avenue from Vornado Realty Trust, gaining full ownership of the office block close to New York's Grand Central Station. ADIA, which the Sovereign Wealth Fund Institute estimates manages nearly $700 billion in assets, has between 5% to 10% of its portfolio in real estate. The stake was bought by a subsidiary of ADIA, a spokesman of ADIA told Reuters, adding ADIA already owned 75% of the property for 30 years.
In April 2019, Vornado reported several important generational changes in its senior management. Michael J. Franco was named to the position of President, and Glen J. Weiss and Barry S. Langer were appointed to new roles overseeing the day-to-day running of Vornado’s real estate business as co-heads. Separately, Vornado announced the recruitment of Haim Chera, a retail executive with unparalleled knowledge, skills and access, to lead Vornado’s best-in-class premium retail portfolio.
NEW YORK, June 10, 2019 -- VORNADO REALTY TRUST (NYSE:VNO) announced today that pursuant to a buy/sell process initiated by its 75% partner at a $900 million valuation, it has.
Vornado (VNO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Our latest Focus Stock is Vornado Realty Trust (VNO), which carries CFRA's highest investment ranking of 5-STARS, or Strong Buy, explains Kenneth Leon, an equity analyst with CFRA Research, in the firm's advisory service, The Outlook.
NEW YORK, May 28, 2019 -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it has completed an extension of the $375 million loan on 888 Seventh Avenue, an 886,000 square.
VORNADO REALTY TRUST (VNO) announced today that, as contemplated in connection with the recently completed retail transaction, it received $500 million from the redemption of its preferred equity in 640 Fifth Avenue. The preferred equity was redeemed from the proceeds of a $500 million mortgage financing that was completed on the property. The five year loan, which is guaranteed by Vornado, is interest only at LIBOR plus 1.01%, which was swapped for four years to a fixed rate of 3.07%. Vornado Realty Trust is a fully-integrated equity real estate investment trust.