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Vornado Realty Trust

A collection of news and information related to Vornado Realty Trust published by this site and its partners.

Top Vornado Realty Trust Articles

Displaying items 1-12
  • J.C. Penney adopts poison-pill defense after disappointing earnings

    J.C. Penney adopts poison-pill defense after disappointing earnings
    J.C. Penney Co. is girding itself against wannabe corporate raiders, adopting a shareholder rights plan known as a poison pill after reporting yet another quarter of dismal earnings. The tactic attempts to fend off hostile acquisitions by making it...
  • The Valley Line: As temps rise, summer venues come to light

    The Valley Line: As temps rise, summer venues come to light
    As of last week, summer is officially here. Get ready for the temps to rise. In fact we might be hitting the 100-plus mark sooner than I would like, I can assure you. This past weekend we experienced the biggest and brightest moon of the year. It was...
  • The Valley Line: Auxiliary rolls out the festive cheer; luncheon honors Pamela Fiori

    The Valley Line: Auxiliary rolls out the festive cheer; luncheon honors Pamela Fiori
    Our burg is looking so festive, with twinkling lights of all colors etching houses and trees. It is such a lovely time of year as community dwellers celebrate Hanukkah and Christmas. Along with the glitter are people coming together to celebrate the...
  • Christopher Kennedy Considering Run for U.S. Senate

    (WGN-AM) - A son of the late Robert F. Kennedy is considering a run for the U.S. Senate seat once held by President Barack Obama, the latest member of his family dynasty to take a stab at politics. The seat Christopher Kennedy is interested in is now...
  • MLB Network to open with Larsen's 1956 perfecto

     
    MLB Network boss Tony Petitti and high-ranking MLB exec Tim Brosnan appeared Wednesday at the Sports Business Journal's Sports Media & Technology conference, sponsored by the Fantasy Sports Association, to talk about the new network, launching Jan. 1....
  • Why investors are balking at IPOs of new vulture mortgage funds

     
    Tom Barrack is considered one of the savviest commercial real estate investors of the last 20 years. But his bid to lure public investors to join with him fell far short Wednesday. Barrack, the 62-year-old founder of L.A.-based real estate......
  • Lido Marina Village subject of study

    Editor's note: This corrects the name of Richard's Market. NEWPORT BEACH — The land has been home to reverends, magicians, booksellers, Elks and city bureaucrats. Now, a group of Newport Beach property owners wants to see if they should all...
  • Empire State Building Declares War On Proposed Rival Skyscraper

    Empire State Building Declares War On Proposed Rival Skyscraper
    For decades, the Empire State Building has claimed the high skies of Midtown Manhattan, but a proposed skyscraper that will stand just two blocks away from the iconic building may soon change all that. Owners of the Empire State Building were fuming...
  • Council Allows New Neighbor For Empire State Building

    Council Allows New Neighbor For Empire State Building
    The Empire State Building's owner lost his bid to stop a new skyscraper from rising in the neighborhood when the New York City Council approved zoning and land use changes Wednesday that pave the way for the 1,190-foot tower. The project, called 15 Penn...
  • Kmart chief's moves may mean merger with Sears

    Kmart chief's moves may mean merger with Sears
    An investor tied to both Sears, Roebuck and Co. and rival Kmart Holding Corp. may move to significantly increase his stake in Sears and possibly propose to merge the two struggling companies, a key source close to the negotiations said late Tuesday. An...
  • REIT's move may have spurred Lampert to act

    Vornado Realty Trust's unexpected disclosure that it had acquired a significant stake in Sears, Roebuck and Co. may have kick-started investor Edward Lampert's plan to merge the company with his Kmart Holding Corp. "Vornado's purchase stimulated activity...
  • Kmart snaps up Sears for $11 billion

    In a bold move that shakes up one of Chicago's most enduring business icons, Kmart Holding Corp. pounced on Sears, Roebuck and Co. Wednesday in a merger valued at $11 billion. The new company, which will be called Sears Holdings Corp., will become the...