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Stock Market & Financial Investment News

News Breaks
December 21, 2012
16:56 EDTVNOVornado announces its share of Toys "R" Us Q3 earnings results
Vornado Realty Trust announced that it will record its 32.5% share of Toys "R" Us' Q3 results in its Q4 ending December 31. Vornado's results will include a net loss of $33.75M, or (17c) per diluted share, compared to a net loss of $32.25M, or (16c) per diluted share recorded in the prior year's quarter. Vornado's share of negative FFO before income taxes for the quarter ending December 31 will be $49.16M, or (25c) per diluted share, compared to negative FFO before income taxes of $45.26M, or (22c) per diluted share in the prior year's quarter. Vornado's share of negative FFO after income taxes for the quarter ending December 31 will be $21.27M, or (11c) per diluted share, compared to negative FFO after income taxes of $20,529,000, or (10c) per diluted share in the prior year's quarter.
News For VNO From The Last 14 Days
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January 21, 2015
13:49 EDTVNOVornado declares quarterly dividend of 63c per share
Vornado Realty Trust (VNO) announced that its Board of Trustees has declared a regular quarterly dividend of 63c per common share, a new indicated annual rate of $2.52. The dividend will be payable on February 17 to common shareholders of record on February 2. The new indicated annual dividend rate when combined with the expected dividend of Urban Edge Properties (UE), which was spun-off from Vornado on January 15, is the same $2.92 annual rate that was paid by Vornado on its common shares in 2014.
10:01 EDTVNOOn The Fly: Analyst Downgrade Summary
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07:30 EDTVNOVornado downgraded to Underperform from Neutral at Credit Suisse
Credit Suisse downgraded Vornado to Underperform based on relative valuation and exposure to New York City. Price target raised to $111 from $103.50.
January 16, 2015
10:13 EDTVNOBofA/Merrill Office REITs analyst holds analyst/industry conference call
U.S. Office & Warehouse REIT Analyst Feldman, along with Jones Lang LaSalle (JLL) Research, Lasing and Capital Markets teams, provide a comprehensive update on leasing and capital market conditions ahead of earnings on an Analyst/Industry conference call to be held on January 20 at 11 am.

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