Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Vornado reports Q1 2026 loss of $22.8M, lowers FFO, announces $300M share buyback and major property deals

Company Fundamentals
04 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Vornado Realty Trust reported a net loss of $22.8 million for Q1 2026, down from a net income of $86.8 million in the prior year quarter, with adjusted funds from operations (FFO) also declining. The company announced a new $300 million share repurchase program and detailed key acquisitions including a 49% stake in Park Avenue Plaza and the purchase of 3 East 54th Street. Vornado also refinanced several properties and expects to close the Park Avenue Plaza deal in Q2 2026. Despite the loss, the company continues active portfolio management and development projects.

More News

Global beadlets capsule market to nearly double to $968M by 2035 with 6.85% CAGR driven by pharma and nutraceutical demand

Global beadlets capsule market to nearly double to $968M by 2035 with 6.85% CAGR driven by pharma and nutraceutical demand

The global beadlets capsule market is projected to grow from $467.26 million in 2025 to $968.45 million by 2035, at a compound annual growth rate of 6.85%. Growth is driven by rising demand in pharmaceutical and nutraceutical sectors, fueled by advan...

Market News
Neutral
1 hour ago
Pet Valu trades at a low P/E with growth potential amid supply chain upgrades and store expansion.

Pet Valu trades at a low P/E with growth potential amid supply chain upgrades and store expansion.

Pet Valu, Canada's leading pet care retailer, is emerging from a major investment phase involving supply chain improvements, store expansion, and increased private-label sales. Despite near-term sluggish growth and weak consumer demand, the stock tra...

Market News
Bullish
4 hours ago
Bitcoin rebounds above $63K in July as whale buying offsets ETF outflows, signaling potential market recovery.

Bitcoin rebounds above $63K in July as whale buying offsets ETF outflows, signaling potential market recovery.

Bitcoin started July strong, trading above $63,000 after a tough first half of 2026, with a 6.09% weekly gain despite being down nearly 28% year-to-date. The rebound is driven by large holders aggressively buying the dip, while institutional demand w...

Market News
Bullish
4 hours ago
XRP tests $1.14 support after breaking resistance amid heavy volume surge

XRP tests $1.14 support after breaking resistance amid heavy volume surge

XRP briefly broke above the key $1.14 resistance level on heavy trading volume before pulling back to test this level as support. Despite ongoing net inflows into XRP spot ETFs, most holders remain underwater with significant losses over 30-day and 3...

Market News
Bullish
4 hours ago
Ether leads crypto gains as Bitcoin steadies above $63,000 amid cautious market mood.

Ether leads crypto gains as Bitcoin steadies above $63,000 amid cautious market mood.

Ether surged about 12% over the past week, leading major cryptocurrencies higher while Bitcoin held steady above $63,000, recovering from late June losses. This resilience in crypto prices contrasts with a stalling rally in AI and chip stocks and a s...

Market News
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App