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Wed, 01 Feb 2023 23:29:33 +0000 |
Regus loses appeal in $90 million lease dispute with Vornado over San Francisco space
An appeals court has ruled against Regus PLC in its dispute with Vornado Realty Trust over a lease the co-working company signed in 2109 but later terminated at the 555 California St. complex in San Francisco. The Tuesday ruling from a three-judge California Court of Appeals panel means that IWG PLC — a British holding company that owns the Regus brand — is on the hook for at least $90 million in total base rent for space it never occupied. Regus filed the appeal in 2021 claiming a trial judge had improperly interpreted its lease agreement with Vornado (NYSE: VNO) for the podium space at 345 Montgomery St., sometimes dubbed The Cube.
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Tue, 31 Jan 2023 21:36:00 +0000 |
Vornado Announces Non-Cash Impairment Charges to be Included in its Fourth Quarter 2022 Financial Results
NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the quarter ended December 31, 2022 will include approximately $600 million of non-cash impairment charges, of which approximately $480 million relates to Vornado’s common equity investment in the Fifth Avenue and Times Square joint venture (“Retail JV”). By way of background, in April 2019, Vornado recognized a $2.559 billion gain when it transferred seven properties to th
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Wed, 25 Jan 2023 16:16:00 +0000 |
Alexander’s Announces Fourth Quarter Earnings Release Date and Vornado Realty Trust Quarterly Conference Call
PARAMUS, N.J., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Alexander’s, Inc. (NYSE: ALX) today announced that it will file its annual report on Form 10-K for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 13, 2023, before the New York Stock Exchange opens. Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, announced it will host its quarterly earnings confere
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Wed, 25 Jan 2023 15:49:00 +0000 |
Vornado Announces Fourth Quarter Earnings Release Date and Conference Call Information
NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it will file its annual report on Form 10-K for the year ended December 31, 2022 with the U.S. Securities and Exchange Commission and issue its fourth quarter and full year earnings release on Monday, February 13, 2023, after the New York Stock Exchange has closed. The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, February 14, 2023 at 10:00 a.m. Eastern Time
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Wed, 25 Jan 2023 13:36:00 +0000 |
Vornado and Rudin Complete 350 Park Avenue and 40 East 52nd Street Transactions
NEW YORK, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) and Rudin announced today that they have completed the previously announced transactions with Citadel Enterprise Americas LLC (“Citadel”) and with an affiliate of Kenneth C. Griffin, Citadel’s Founder and CEO, relating to 350 Park Avenue and 40 East 52nd Street. All third-party approvals have been obtained and the master lease and other agreements are effective. About Vornado Realty Trust Vornado Realty Trust is the pree
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Mon, 23 Jan 2023 07:35:36 +0000 |
5 big dividend moves weekly: Schlumberger hikes by 43%
Schlumberger (NYSE:SLB) raised its quarterly dividend by 42.9% to $0.25 per share, or $1 annualized, for an annual yield of 1.7%. Schlumberger’s dividend will be payable on April 6, 2023, to stockholders of record on February 8, 2023, with an ex-dividend date of February 7, 2023. Vornado Realty Trust (NYSE:VNO) shares plunged nearly 4% on Thursday after the company cut its quarterly dividend by 29.2% to $0.375 per share, or $1.5 annualized, for an annual yield of 6.5%.
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Thu, 19 Jan 2023 15:12:03 +0000 |
Vornado (VNO) Announces a 29.2% Cut in Quarterly Dividend
Vornado's (VNO) 29.2% cut in the quarterly dividend reflects its reduced projection for 2023 taxable income mainly due to higher interest expenses.
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Thu, 19 Jan 2023 13:17:00 +0000 |
Commercial REIT Vornado stock falls after dividend cut, but yield is still above 6%
MARKET PULSE Shares of Vornado Realty Trust (VNO) sank 3.7% in premarket trading Thursday, after the New York-based commercial-focused real estate investment trust slashed its quarterly dividend by 29% to 37.
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Thu, 19 Jan 2023 08:51:36 +0000 |
3 big dividend moves and 2 buybacks: Kinder Morgan, Radian Group
Here are all the biggest recent dividend changes and buyback announcements, all covered in real time on InvestingPro. Kinder Morgan (NYSE:KMI) hiked its dividend by 3% to $0.2775 per share, or $1.11 annualized, payable on February 15, 2023, to stockholders of record as of the close of business on January 31, 2023. The company also announced an increase in its share repurchase authorization from $2.0 billion to $3.0 billion.
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Wed, 18 Jan 2023 22:35:00 +0000 |
Vornado Declares Quarterly Dividends On Preferred Shares
NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared the following quarterly preferred dividends: Series A Convertible$.8125000per shareSeries L Cumulative Redeemable$.3375000per shareSeries M Cumulative Redeemable$.3281250per shareSeries N Cumulative Redeemable$.3281250per shareSeries O Cumulative Redeemable$.2781250per share In each case, dividends are payable on April 3, 2023 to shareholders of record on March 15,
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Wed, 18 Jan 2023 22:12:00 +0000 |
Vornado Realty cuts dividend, blaming it on ‘state of the economy’
Vornado Realty Trust (VNO) said late Wednesday its board has trimmed the company’s dividend to 37.5 cents a share, from 53 cents a share, thanks to “the current state of the economy and capital markets.” The reduced dividend is also a reflection of Vornado’s reduced projected 2023 taxable income, mostly thanks to higher interest expenses, the company said. Vornado is expected to report quarterly results in mid-February.
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Wed, 18 Jan 2023 21:59:00 +0000 |
Vornado Declares Quarterly Common Dividend of $.375 Per Share
NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that its Board of Trustees has declared a reduced quarterly dividend of $.375 per share. The decrease is in recognition of the current state of the economy and capital markets and is reflective of Vornado’s reduced projected 2023 taxable income, primarily due to higher interest expense. The dividend will be payable on February 10, 2023 to common shareholders of record on January 30, 2023. Vornado Realty T
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Sat, 14 Jan 2023 12:36:33 +0000 |
Should We Be Cautious About Vornado Realty Trust's (NYSE:VNO) ROE Of 2.4%?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
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Sat, 14 Jan 2023 12:02:00 +0000 |
Should You Buy the 5 Highest-Paying Dividend Stocks in the S&P 500?
Dividend stocks are always popular with investors. If you're looking for dividend stocks, the S&P 500 is always a good place to start. Keep reading to see the five highest-yielding dividend stocks on the broad-market index and if they are buys today.
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Mon, 09 Jan 2023 20:08:34 +0000 |
Why Vornado Stock Was Falling in December
Shares of Vornado Realty Trust (NYSE: VNO) were heading lower last month as the macroeconomic environment continued to weaken for the office real estate investment trust (REIT). An analyst downgrade weighed on the stock, and investors also learned at the end of December that Vornado would be removed from the S&P 500, and instead added to the S&P Midcap 400. According to data from S&P Global Market Intelligence, the stock finished the month down 18%.
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Sun, 01 Jan 2023 13:01:00 +0000 |
Expect This High-Yield Stock to Cut Its Dividend
Vornado is offering a huge 9.8% yield, but investors shouldn't go in expecting the dividend to hold.
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Wed, 28 Dec 2022 22:43:00 +0000 |
GE HealthCare Technologies Set to Join S&P 500; Vornado Realty Trust to Join S&P MidCap 400; RXO to Join S&P SmallCap 600
GE HealthCare Technologies Inc. (NASD: GEHC) will be added to the S&P 500 effective prior to the open of trading on Wednesday, January 4, 2023, replacing Vornado Realty Trust (NYSE: VNO), which will move to the S&P MidCap 400 effective prior to the open of trading on Thursday, January 5, 2023. Vornado Realty Trust will replace RXO Inc. (NYSE: RXO) in the S&P MidCap 400, and RXO will replace The Joint Corp. (NASD: JYNT) in the S&P SmallCap 600 effective on the same date. S&P 500 and 100 constitue
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Fri, 23 Dec 2022 13:40:01 +0000 |
Medical Properties (MPW) Surges 8.9%: Is This an Indication of Further Gains?
Medical Properties (MPW) witnessed a jump in share price last session on above-average trading volume.
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Wed, 21 Dec 2022 19:49:00 +0000 |
Don’t Overlook This Kind of Investment. It’s Offering 6% to 8% Yields.
Higher rates are attracting more individual investors to the preferred stock market, and REITS are a relatively small subset.
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Mon, 12 Dec 2022 14:31:02 +0000 |
Vornado (VNO) and Rudin Unveil Agreements on Office Buildings
Vornado (VNO) and Rudin announce agreements with Citadel and KG in connection with a set of transactions outlined for their 350 Park Avenue and 40 East 52nd Street properties.
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