Market Currents

• Tuesday, November 3, 2009

• 08:49 AM Vornado (VNO): Q3 FFO of $1.25 beats by $0.08. Revenue of $671M (-0.7%) vs. $637M. Shares -0.5% premarket. (PR) Comment!
• 00:05 AM Notable premarket earnings: ABC, ACOR, ADM, AMT, ANR, CAM, COL, CTSH, EMR, EXPD, FTR, GET, HCP, HNT, ICE, JOE, JRCC, LPX, MA, MHS, MRO, MVL, NXG, OSK, PER, PKD, PQ, RCL, RDC, RL, SNH, TE, TEVA, THC, TLM, VIA, VNO Comment!

• Tuesday, August 4, 2009

• 00:05 AM Notable earnings before Tuesday's open: ADM, ARM, AYE, CAM, CBB, CTSH, CVS, DHI, DISCA, DNR, DUK, EMR, ETR, EXPD, FTR, HCP, HNT, ICE, ICON, JOE, LPX, MAC, NI, PGN, PNW, PPL, RDC, SE, SPG, THC, TRW, UPL, VNO, VRX, WTI Comment!

• Wednesday, July 8, 2009

• 08:17 AM Vornado (VNO), one of the biggest U.S. REITs, is looking to raise $1B from private investors to invest in distressed properties, primarily in New York and Washington. Choosing to raise money for the deal, as opposed to funding it internally, could irk its shareholders. Comment!

• Monday, June 29, 2009

• 13:54 PM The worst may be over for the bellwether Manhattan office market, a new report finds. Office space availability still rose to 13.4% from 12% in Q1, but the increase slowed significantly in the latter half of the quarter. Good news for landlords such as SL Green Realty (SLG), Vornado (VNO), Boston Properties (BXP) and Brookfield Properties (BPO). Comment!

• Wednesday, April 22, 2009

• 09:00 AM Premarket gainers: PFCB +17%. SNDK +8%. F +8%. MEDX +7%. GERN +6%. GILD +6%. SLW +5%. ELN +5%. DNDN +4%. STEM +4%. GM +5%. BA +4%. TROW +4%. BRCD +4%.
  Losers: PPDI -19%. FRE -12%. FITB -9%. RF -9%. COF -8%. PUK -9%. MS -8%. JAH -8%. ETFC -8%. HBAN -8%. PXP -7%. TXT -7%. VNO -6%. ILMN -6%. AMD -6%. USB -5%. WFC -5%. TCK -5%. BHP -5%. HBC -5%. AKS -5%. HIG -5%. Comment!
• 04:45 AM Vornado (VNO): Sees Q1 EPS of $0.77 vs. consensus of $0.83. Sees Q1 FFO of $1.70 vs. consensus of $1.52. Sees Q1 revenue of $682M vs. $651M. Will sell 12.5M shares, resulting in an 8% dilution. Shares -4.8% AH. (DJ) (-from Tues. evening) Comment!

• Tuesday, February 24, 2009

• 09:28 AM Vornado (VNO): Q4 EPS of $1.14 in-line. Revenue of $696M vs. $674M. (PR) Comment!

• Monday, December 15, 2008

• 09:01 AM Premarket gainers: TLAB +16.5%. SWKS +13%. EXM +13%. DRYS +11%. GNK +9%. CIEN +8%. XL +8%. EXEL +8%. GNW +8%. MGM +7%. HMC +7%. SLW +7%. TCK +7%. VNO +6%. CHK +6%. LVS +6%. AUY +6%. Comment!

• Tuesday, November 4, 2008

• 00:05 AM Notable earnings before Tuesday's open: ADM, AEE, AMSC, DF, DNR, EMR, ENTG, EXPD, FE, GTI, HCP, HL, HNT, HOC, JEC, JOE, LPX, MAC, MGA, MYGN, NI, NNN, NXG, PPL, PQ, RDC, TDC, TEN, THC, TLM, VNO, WTI, XEC Comment!

• Tuesday, August 5, 2008

• 09:27 AM Vornado (VNO): Q2 EPS of $1.30 misses by $0.04. Revenue of $674M (+15.6%) vs. $648M. Shares +0.8%. [PR] Comment!
• 00:05 AM Notable earnings before Tuesday's open: ADM, AHCI, ALD, AMSC, CHTR, CMS, COV, CSE, DHI, DNR, DUK, EAT, EMR, EXPD, GLBL, HNT, ICON, IDEV, JRCC, LEAP, MGM, MVL, NI, PG, PKD, RDC, RRI, TAP, THC, VNDA, VNO, WTI, WY, XEC Comment!