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Vornado Realty Trust (VNO.N)

VNO.N on New York Stock Exchange

71.79USD
19 Jan 2018
Change (% chg)

$0.45 (+0.63%)
Prev Close
$71.34
Open
$71.49
Day's High
$71.82
Day's Low
$70.84
Volume
429,498
Avg. Vol
297,431
52-wk High
$111.24
52-wk Low
$70.46

Latest Key Developments (Source: Significant Developments)

Vornado Realty Reports ‍$34.8 Mln Tax Expense
Thursday, 18 Jan 2018 04:35pm EST 

Jan 18 (Reuters) - Vornado Realty Trust ::VORNADO REALTY-‍$34.8 MILLION TAX EXPENSE RELATED TO FALL IN TAXABLE REIT UNITS' DEFERRED TAX ASSETS ON DECREASED TAX RATES UNDER TAX CUTS & JOBS ACT IN Q4​.VORNADO REALTY TRUST-ON AN FFO BASIS, TAX EXPENSES AMOUNTS AGGREGATE TO REDUCTION OF $0.18/DILUTED SHARE IN Q4.VORNADO REALTY - ‍$4.8 MILLION EXPENSE RELATED TO DEC 13, 2017 PREPAYMENT OF $450 MILLION PRINCIPAL AMOUNT OF 2.50% SENIOR UNSECURED NOTES DUE 2019 IN Q4​.  Full Article

Vornado Realty Trust Says Unit Issued And Sold $450 Million Aggregate Principal Amount Of Its 3.500% Notes
Thursday, 28 Dec 2017 04:36pm EST 

Dec 28 (Reuters) - Vornado Realty Trust ::VORNADO REALTY TRUST - ‍ON DEC. 27, VORNADO REALTY L.P. ISSUED AND SOLD $450 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% NOTES DUE 2025 - SEC FILING.  Full Article

Vornado Announces Public Offering Of $450 Mln 3.5 Pct 7-Year Senior Unsecured Notes Due 2025
Wednesday, 13 Dec 2017 08:19pm EST 

Dec 13 (Reuters) - Vornado Realty Trust ::VORNADO ANNOUNCES PUBLIC OFFERING OF $450 MILLION 3.5% 7-YEAR SENIOR UNSECURED NOTES DUE 2025 AND CALLS FOR REDEMPTION ITS $450 MILLION 2.5% SENIOR UNSECURED NOTES DUE 2019 AND CALLS FOR REDEMPTION THE REMAINING $120 MILLION OF ITS 6.625% SERIES I CUMULAT.‍NOTES WERE PRICED AT 99.596% OF THEIR FACE AMOUNT TO YIELD 3.565%​.  Full Article

Vornado Realty Trust Says It Is Offering 12 Mln Of Its 5.25 Pct Series M Cumulative Redeemable Preferred Shares Of Beneficial Interest
Wednesday, 6 Dec 2017 06:26am EST 

Dec 6 (Reuters) - Vornado Realty Trust ::VORNADO REALTY TRUST SAYS IT IS OFFERING 12 MILLION OF ITS 5.25% SERIES M CUMULATIVE REDEEMABLE PREFERRED SHARES OF BENEFICIAL INTEREST - SEC FILING.  Full Article

Vornado Realty Trust qtrly FFO per share $0.52
Monday, 30 Oct 2017 04:41pm EDT 

Oct 30 (Reuters) - Vornado Realty Trust ::Vornado Realty Trust qtrly total revenues $528.8 million versus $502.8 million ‍​- sec filing.Vornado Realty Trust qtrly net income from continuing operations $0.09 per share.Vornado Realty Trust qtrly net loss income from discontinued operations $0.24 per share.Vornado Realty Trust qtrly FFO per share $0.52 ‍​.Q3 FFO per share view $0.54 -- Thomson Reuters I/B/E/S.Q3 revenue view $532.6 million -- Thomson Reuters I/B/E/S.  Full Article

Vornado extends $1.25 bln of its $2.5 bln revolving credit facilities
Tuesday, 17 Oct 2017 05:04pm EDT 

Oct 17 (Reuters) - Vornado Realty Trust -:Vornado extends $1.25 billion of its $2.5 billion revolving credit facilities.Vornado Realty Trust-extended 1 of its two $1.25 billion unsecured revolving credit facilities from Nov 2018 to Jan 2022 with two 6‑month extension options​.Vornado Realty Trust - ‍interest rate on extended facility was lowered from Libor plus 105 basis points to Libor plus 100 basis points​.  Full Article

Vornado provides information regarding its investment in Toys “R” Us
Tuesday, 19 Sep 2017 04:40pm EDT 

Sept 19 (Reuters) - Vornado Realty Trust :Vornado provides information regarding its investment in Toys “R” Us.Vornado Realty - Vornado had previously fully reserved for its 32.5% investment in Toys, and carries this investment on its balance sheet at zero.Vornado Realty Trust - ‍Vornado does not hold any debt of Toys and does not guarantee any of Toys debt and has no further liability​.Vornado Realty - For income tax purposes, co carries Toys R Us investment at about $420 million which could result in a tax deduction in future periods.  Full Article

Vornado Q2 ‍non-GAAP FFO $1.35 per share​
Monday, 31 Jul 2017 05:22pm EDT 

July 31 (Reuters) - Vornado Realty Trust :Vornado announces second quarter 2017 financial results.Vornado Realty Trust - ‍net income attributable to common shareholders for quarter ended June 30, 2017 was $0.61 per diluted share​.Vornado Realty Trust - qtrly ‍non-GAAP FFO, $1.35 per diluted share​.Vornado Realty Trust qtrly non-gaap FFO, as adjusted, was $1.25.  Full Article

Vornado Realty says board of trustees set record date for JBG Smith spin-off
Monday, 26 Jun 2017 04:57pm EDT 

June 26 (Reuters) - Vornado Realty Trust ::Vornado Realty Trust says board of trustees has set a record date of July 7 for previously announced spin-off of JBG Smith Properties - SEC filing.  Full Article

Vornado joint venture acquires 99-year leasehold of Farley post office
Monday, 19 Jun 2017 04:41pm EDT 

June 19 (Reuters) - Vornado Realty Trust :Vornado joint venture acquires 99-year leasehold of Farley post office.Joint venture has made a $230 million upfront contribution to construction of Moynihan Train hall.Joint venture completed a $271 million loan facility, with an initial advance of $202 million.Vornado Realty Trust- interest only loan is at libor plus 3.25%, currently 4.41%, and matures in june 2019, with two one-year extension options.  Full Article

BRIEF-Vornado Realty Reports ‍$34.8 Mln Tax Expense

* VORNADO REALTY-‍$34.8 MILLION TAX EXPENSE RELATED TO FALL IN TAXABLE REIT UNITS' DEFERRED TAX ASSETS ON DECREASED TAX RATES UNDER TAX CUTS & JOBS ACT IN Q4​