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Vornado Realty Trust Management Discusses Q1 2013 Results - Earnings Call Transcript
2 weeks ago - Seeking Alpha - May 7, 2013 3:20 PM
Vornado Realty Trust (VNO)Q1 2013 Earnings CallMay 07, 2013 10:00 am ETExecutivesCatherine CreswellSteven Roth - Chairman, Chief Executive Officer and Chairman of Executive CommitteeDavid R. Greenbaum - President of New York DivisionMitchell N. Schea



UPDATE 1-Vornado's first quarter hurt by JC Penney stake
2 weeks ago - Reuters - May 6, 2013 6:04 PM
May 6 (Reuters) - Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its...



UPDATE 1-Vornado's first quarter hurt by JC Penney stake
2 weeks ago - Reuters - May 6, 2013 6:04 PM
May 6 (Reuters) - Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its Washington office portfolio.



UPDATE 1-Vornado's first quarter hurt by JC Penney stake
2 weeks ago - Reuters - May 6, 2013 6:04 PM
May 6 (Reuters) - Vornado Realty Trust said a key metric of real estate investment trust performance fell in the first quarter, hurt by its investment in J C Penney Co Inc and weakness in its Washington office portfolio.


2

Vornado Realty Trust Earnings: Here’s Why Investors are Happy Now
2 weeks ago - Wall St Cheat Sheet - May 6, 2013 6:01 PM
Here's your Cheat Sheet to earnings...


4

Vornado Announces First Quarter 2013 Financial Results
2 weeks ago - The Motley Fool - May 6, 2013 5:51 PM


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Forbes Earnings Preview: Vornado Realty Trust
2 weeks ago - Forbes - May 2, 2013 2:31 PM
Expectations have dropped for Vornado Realty Trust's (VNO) first quarter results in the month leading up to the company's earnings announcement slated for Monday, May 6, 2013. The consensus analyst estimate has dropped from $1.87 a share to

Vornado + April 2013


Untangling Vornado Realty And Finding Gold
3 weeks ago - Seeking Alpha - Apr 26, 2013 3:37 PM
By Daniel Lauchheimer:Followers of the super glamorous publicly traded office REIT space don't really know how to make sense of Vornado Realty Trust (VNO). On the one hand they have 40mm square feet of office space in NYC and Washington DC, but on th



BRIEF-Vornado sells its 50 pct stake in Boston site, takes $2 mln loss
4 weeks ago - Reuters - Apr 24, 2013 4:29 PM
April 24 (Reuters) - Vornado Realty Trust : * Announces sale of downtown crossing site in Boston * Says received $45 million net proceeds from selling its 50 percent stake in



BRIEF-Vornado sells its 50 pct stake in Boston site, takes $2 mln loss
4 weeks ago - Reuters - Apr 24, 2013 4:29 PM
April 24 (Reuters) - Vornado Realty Trust : * Announces sale of downtown crossing site in Boston * Says received $45 million net proceeds from selling its 50 percent stake in



Vornado to Sell Harlem Park Land for $62M
4 weeks ago - Benzinga - Apr 23, 2013 9:20 AM
VORNADO REALTY TRUST (NYSE: VNO) announced today that it has entered into an agreement to sell a parcel of land known as Harlem Park located at 1800 Park Avenue (at 125th Street) in New York City for $65 million plus additional amounts which may be r



Vornado Adopts Simpler REIT Strategy
4 weeks ago - TheStreet - Apr 22, 2013 11:02 AM
NEW YORK (TheStreet) -- Last week Vornado Realty Trustannounced the sales of The Plant, a power strip shopping center in San Jose, Calif., and a retail property that is part of Philadelphia's Gallery at Market East, for $203 million and $60 million,


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Vornado Anticipates A Major Economic Expansion And A Bubble; Fears The Internet
1 month ago - Seeking Alpha - Apr 15, 2013 8:22 AM
By Dr. Duru: I quickly caught a Bloomberg headline about plans from Vornado Realty Trust (VNO) to sell more than it buys. I went to the VNO 2012 annual report to see for myself the entire context of statement. It comes at the end of the financial hig



BRIEF-Vornado realized $97.3 mln econonmic loss from Penney shr sale in March
1 month ago - Reuters - Apr 12, 2013 5:40 PM
April 12 (Reuters) - Vornado Realty Trust : * Says realized an econonmic loss of $97.3 million in its sale of 10 million



BRIEF-Vornado realized $97.3 mln econonmic loss from Penney shr sale in March
1 month ago - Reuters - Apr 12, 2013 5:40 PM
April 12 (Reuters) - Vornado Realty Trust : * Says realized an econonmic loss of $97.3 million in its sale of 10 million

Vornado + March 2013

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JCPenney CFO: Steve Roth Dumped 10 Million Shares Because He Concluded It 'Just Wasn't Worth The Effort' (JCP)
2 months ago - Business Insider - Mar 13, 2013 5:41 PM
Last week, JCPenney took a hit when board member Steve Roth's Vornado Realty Trust decided to try to dump 10 million shares — 40 percent of its stake. JCPenney CFO Ken Hannah spoke at Bank of America's 2013 Consumer & Retail Conference toda



Ex-Div Reminder for Vornado Realty Trust's Series A Convertible Preferred Shares
2 months ago - Forbes - Mar 11, 2013 2:56 PM
On 3/13/13, Vornado Realty Trust's $3.25 Series A Convertible Preferred Shares (NYSE: VNO.PRA) will trade ex-dividend, for its quarterly dividend of $0.8125, payable on 4/1/13. As a percentage of VNO.PRA's recent share price of $122.00, thi



Sandler O'Neill Cuts Vornado to Buy, Says Stock Undervalued Amid Potential Break-Up
2 months ago - Benzinga - Mar 8, 2013 1:21 PM
In a recent note on Vornado (NYSE: VNO), Sandler O'Neill analyst Alexander Goldfarb cited accelerated non-core sales and a potential split-up as catalysts for a $95.80 valuation.


4

Insider Trading: Vornado Realty Trust Sells 40% of Stake in JC Penney, While Insiders Buy at Tiffany, Vistaprint, and Zygo
2 months ago - Minyanville - Mar 7, 2013 9:25 AM
Plus, a purchase at Opko Health and sales at Warner Chilcott and Google.


2

Vornado Confirms It Sold 40 Percent of Penney Stake
2 months ago - NY Times - Mar 6, 2013 12:59 PM
Vornado Realty Trust has confirmed that it sold more than 40 percent of its stake in J.C. Penney, the latest blow against the struggling department store chain.



J.C. Penney drops on downgrades, Vornado sale
2 months ago - MarketWatch - Mar 6, 2013 10:23 AM
NEW YORK (MarketWatch) -- J.C. Penney Co.'sshares added to their loss on Wednesday after Citigroup and Oppenheimer both lowered their ratings on the stock from the equivalent of a buy rating. Meanwhile, Vornado Realty Trust confirmed in a regulatory


3

Bill Ackman's JCPenney Has Two More Horrible Days
2 months ago - Business Insider - Mar 6, 2013 9:49 AM
Struggling retailer JCPenney's stock hit a new 52-week low today.  The stock was last trading down more than 3% early in the session at $14.51 a share. Yesterday, JCPenney's stock tanked more than 10% after board member Steven Roth's Vornado Rea


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Vornado Confirms Sale of Penney Shares
2 months ago - WSJ - Mar 5, 2013 7:28 PM
Vornado Realty Trust, controlled by investor Steven Roth, confirmed that it sold 10 million shares of J.C. Penney on Monday. Vornado still holds a 6.1% stake in the retailer, whose sales and stock price have plunged this year..


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Vornado sale of JC Penney shares adds to growing pressure on CEO
2 months ago - Fox Business - Mar 5, 2013 6:53 PM
J.


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Vornado Realty Confirms Sale of 10 Million J.C. Penney Shares
2 months ago - Fox Business - Mar 5, 2013 6:14 PM
Activist investor Steven Roth's Vornado Realty Trust (VNO) confirmed in a regulatory filing it sold 10 million J.C.


140

Long Live the Hotel Pennsylvania
2 months ago - WSJ - Mar 5, 2013 6:04 PM
Vornado Realty Trust has finalized plans to invest in an upgrade of the Hotel Pennsylvania in Manhattan.


9

Vornado sale of JC Penney shares adds to growing pressure on CEO
2 months ago - Reuters - Mar 5, 2013 6:00 PM
(Reuters) - J.C. Penney Co Chief Executive Ron Johnson has only to the end of the year to turn around the ailing retailer and stem a massive decline in sales or risk being fired, a person familiar with the board's thinking said on Tuesday.


6

Vornado sale of JC Penney shares adds to growing pressure on CEO
2 months ago - Reuters - Mar 5, 2013 5:56 PM
March 5 (Reuters) - J.C. Penney Co Chief ExecutiveRon Johnson has only to the end of the year to turn around theailing retailer and stem a massive decline in sales or riskbeing fired, a person...



BRIEF-Vornado sold 10 mln Penney shares for $16.03 each to Deutsche Bank- SEC filing
2 months ago - Reuters - Mar 5, 2013 5:35 PM
March 5 (Reuters) - Vornado Realty Trust : * Sold 10 million j.c. penney co inc shares for $16.03each - SEC


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JCPenney Directors May Push To Sell The Company Or Replace CEO Ron Johnson (JCP)
2 months ago - Business Insider - Mar 5, 2013 3:46 PM
JCPenney's board of directors may push to sell the ailing retailer or replace CEO Ron Johnson if sales don't turn around "this year," sources told Dana Mattioli at The Wall Street Journal. This news comes shortly after Steven Roth's Vornado Real



JC Penney Falls on Vornado Share Sale, Bank of America Price Target Cut
2 months ago - Benzinga - Mar 5, 2013 3:15 PM
Shares of J.C. Penney (NYSE: JCP) continued to plunge on Tuesday after Vornado Realty Trust (NYSE: VNO) sold 10 million shares in the retailer. The stock was down more than 8 percent trading at $15.31.


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JC Penney Drops to Four-Year Low on Vornado Sell-Off
2 months ago - Benzinga - Mar 5, 2013 11:02 AM
Department store chain JC Penney (NYSE: JCP) is down again on Tuesday in the aftermath of reports that one of its largest shareholders, Vornado Realty Trust (NYSE: VNO), will sell a sizable portion of its stake in the firm.



J.C. Penney drops on Vornado stake-sale reports
2 months ago - MarketWatch - Mar 5, 2013 9:38 AM
NEW YORK (MarketWatch) -- J.C. Penney Co.shares dropped 5.3% on Tuesday after media reports said its third largest shareholder, Vornado Realty Trust, was selling 10 million shares in Penney late Monday. The reported sale came after Penney last week r


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Ackman Ally Vornado Backs Away From J.C. Penney
2 months ago - Forbes - Mar 5, 2013 9:21 AM
Two of hedge fund manager William Ackman’s biggest trades have been moving against him in 2013, and now one of his fellow investors in J.C. Penney appears to be distancing itself from the retailer.


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Vornado Slashes Penney Stake
2 months ago - WSJ - Mar 4, 2013 10:27 PM
Vornado Realty Trust moved to dump much of its holdings in department store chain J.C. Penney Co., cutting its losses on a drastic and failing turnaround the activist investor helped spark.



UPDATE 2-Vornado selling nearly half its stake in Penney
2 months ago - Reuters - Mar 4, 2013 7:40 PM
March 4 (Reuters) - Vornado Realty Trust is sellingnearly half its stake in U.S. retailer J.C. Penney Co Inc, a source familiar with the matter said on Monday.


9

JCP Shares Dive After Hours On Report That Investor Is Trying To Dump A HUGE Stake In The Company (JCP)
2 months ago - Business Insider - Mar 4, 2013 6:48 PM
Earlier this afternoon, CNBC's John Melloy reported that a major JC Penney shareholders was trying to dump 10 million shares of stock at a price range of $16.40 to $16.60. Melloy reports that the seller is Vornado Realty Trust, the company owned by r


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REPORT: An Investor Is Trying To Dump 10 Million Shares Of JC Penney (JCP)
2 months ago - Business Insider - Mar 4, 2013 6:23 PM
A 10 million share block in troubled retailer JCPenney was being shopped Monday by Deutsche Bank's trading desk, according to multiple sources. The asking price of the block owned by Vornado Realty Trust was for a range between $16.40 and $16.60, one



UPDATE 1-Deutsche Bank selling block of Vornado shares in Penney
2 months ago - Reuters - Mar 4, 2013 6:14 PM
March 4 (Reuters) - Deutsche Bank is offering ablock of 10 million shares in retailer J.C. Penney thatis being sold by Vornado Realty Trust, a source familiarwith the offering said on Monday.


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Stock Sale Dings JC Penney Shares
2 months ago - WSJ Blogs - Mar 4, 2013 5:56 PM
Vornado Realty Trust was selling 10 million shares of J.C. Penney Co. late Monday in an unregistered secondary transaction, according to a person familiar with the sale.



JC Penney falls on Vornado big-block sale report
2 months ago - MarketWatch - Mar 4, 2013 5:37 PM
SAN FRANCISCO (MarketWatch) -- Shares of J.C. Penney Co.fell further after hours Monday following a report that Deutsche Bank is shopping around the sale of a large block of shares. J.C. Penney shares fell 5.4% to $15.83 in after-hours activity, on t


1

Deutsche Bank selling block of Vornado shares in J.C. Penney-source
2 months ago - Reuters - Mar 4, 2013 5:36 PM
March 4 (Reuters) - Deutsche Bank is offering ablock of 10 million shares in retailer J.C. Penney thatis being sold by Vornado Realty Trust, a source familiarwith the offering said on Monday.



UPDATE: ISI Group Upgrades Vornado Realty Trust to Neutral, Trading Near $81 Price Target
2 months ago - Benzinga - Mar 4, 2013 11:24 AM
ISI Group published a report on Vornado Realty Trust (NYSE: VNO) that upgraded the company from Cautious to Neutral and maintained its $81 price target.In the report, ISI Group wrote, "While we continue to believe that Vornado faces a number of near-



Vornado Realty Trust Becomes #121 Most Shorted S&P 500 Component, Replacing Kohl's Corp.
3 months ago - Forbes - Mar 1, 2013 1:40 PM
The most recent short interest data has been released by the NASDAQ for the 02/15/2013 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." Th

Vornado + February 2013

2

Billionaire JCPenney Investor Says Being On The Board Compromises His Independence To Exit That Investment (JCP, VNO)
3 months ago - Business Insider - Feb 28, 2013 3:24 PM
Hedge fund titan Bill Ackman, the CEO of Pershing Square, isn't the only one taking a bath on JCPenney's stock. Billionaire real estate mogul Steven Roth's real estate investment trust Vornado Realty is also a huge stakeholder. Vornado Realty owned 2



Vornado Realty Trust Management Discusses Q4 2012 Results - Earnings Call Transcript
3 months ago - Seeking Alpha - Feb 27, 2013 7:10 PM
Vornado Realty Trust (VNO)Q4 2012 Earnings CallFebruary 27, 2013 10:00 am ETExecutivesCatherine CreswellSteven Roth - Chairman and Chairman of Executive CommitteeMichael D. Fascitelli - Chief Executive Officer, President, Non-Independent Trustee and


89

Vornado CEO Fascitelli to Exit
3 months ago - WSJ - Feb 27, 2013 3:10 PM
Vornado Realty Trust said CEO Michael Fascitelli is resigning from his post, a surprising shift atop one of the largest landlords of office buildings and retail space in the country.


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Vornado Realty Trust Earnings: Here’s Why Investors are Not Excited Now
3 months ago - Wall St Cheat Sheet - Feb 26, 2013 7:15 PM
Here's your Cheat Sheet to earnings...



J.P. Morgan Reiterates Overweight Rating, $95 PT on Vornado Realty Trust Ahead of 4Q Earnings
3 months ago - Benzinga - Feb 22, 2013 9:04 AM
In a report published Friday, J.P. Morgan reiterated its Overweight rating and $95.00 price target on Vornado Realty Trust (NYSE: VNO).J.P.


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Cushman Gets Aggressive
3 months ago - WSJ - Feb 18, 2013 10:25 PM
Ronald Lo Russo, who last week was named president of Cushman & Wakefield's New York regional office, has been, until now, leasing a group of relatively nondescript office buildings for Vornado Realty Trust.