"We rate VORNADO REALTY TRUST (VNO) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover.
Vornado Realty Trust's second-quarter earnings fell 39% as the company again recorded a loss from its stake in Toys "R" Us Inc. The New York real-estate company had warned last month its loss in the toy retail chain operator had widened to $57.6 ...
Investor-Edge has initiated coverage on the following equities: Prologis Inc. (NYSE: PLD), DCT Industrial Trust Inc. (NYSE: DCT), Lexington Realty Trust (NYSE: LXP), Vornado Realty Trust (NYSE: VNO), and Hospitality Properties Trust (NYSE: HPT).
Vornado Realty Trust said Monday that it expects the spinoff of its shopping centers to begin trading by January, a move that will allow the commercial landlord to focus on its office towers and retail shops in Manhattan and Washington.