While most office landlords posted earnings largely in line with expectations, according to Mr. Goldfarb, Vornado's quarterly funds from operations missed Wall Street's target by nine cents as the company continues to dispose of its non-core properties.
Kessler contends the mini-blog platform could help the company gain traffic to its core Web properties while also increasing user stickiness and solidifying its leadership position.
One example the company has developed is a crystal fibre that squeezes light into such a narrow core that the intensity of the light modifies the optical properties of the glass itself.
Times Co. began trying to sell its stake in the Red Sox and related properties in late 2008 when steep declines in revenue at its core newspaper business were threatening the company's ability to manage its debt.