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Madison Square Garden Delivers Revenue Beat, Sees Solid Year Ahead As Income Rises (CORRECTED)
Tuesday, May 6, 2025 - 2:45pm | 410Editor’s note: This article was updated to reflect the correct event-related revenue figure of $3.6 million. Madison Square Garden Entertainment Corp (NYSE:MSGE) reported its fiscal third-quarter 2025 results Tuesday. The stock gained after the report. The quarterly...
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Trump Media & Technology Stock Soars After MSG Rally: Will The Gains Hold?
Tuesday, October 29, 2024 - 2:20pm | 566Trump Media & Technology Group Corp. (NASDAQ:DJT) shares are soaring this week following a controversial campaign rally held at Madison Square Garden in New York City on Sunday night. The Details: Republican Presidential nominee Donald Trump hosted a campaign rally with a sold-out crowd at...
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Cannabis For Sale At Madison Square Garden? Top New York Weed Regulator Says 'Eventually,' Others Say No Thanks
Tuesday, February 20, 2024 - 3:53pm | 642The “World's Most Famous Arena” could soon be the greenest, noted the New York Post in an article quoting a top cannabis regulator who predicts cannabis will one day be sold at Madison Square Garden. "This is a new frontier. They're going to be selling weed at Madison Square Garden...
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New York Sports Teams Make Big Entry In NHL And NBA Playoffs: How Sports Betting Companies And Publicly Traded MSGS Could Benefit
Tuesday, April 18, 2023 - 6:17pm | 1099The state of New York is well-represented in the 2023 NBA Playoffs and 2023 NHL Playoffs. The inclusion of several teams in the postseason of the respective leagues could help the sports betting market for New York and benefit one of the few publicly traded sports franchises, which owns teams...
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Elon Musk's Favorite Soccer Team And MSGS-Owned NBA/NHL Teams Could Be Up For Sale: Two Public Sports Team Stocks Investors Should Know About
Wednesday, February 8, 2023 - 8:02pm | 1091Billionaire Elon Musk made headlines in 2022 sharing on Twitter that he was going to buy the English Premier League team Manchester United. The tweet was part of an ongoing joke by Musk but came as the team is exploring sale options. Another company that owns the New York Rangers (NHL)...
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NBA's Atlanta Hawks Valued At $2B: How You Can Own A Stake And What It Means For Knicks' Owner MSGS
Monday, December 27, 2021 - 12:28pm | 790Valuations for professional sports teams continue to rise. A rule that allows private equity companies to own minority stakes in National Basketball Association (NBA) teams continues to be a big story for the sport and is giving investors a way to invest in several NBA teams. What Happened:...
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New York Rangers Valued At $2B: What It Could Mean For MSGS Stock And A Sum Of Parts Discount
Thursday, December 9, 2021 - 4:17pm | 894For the first time ever, a National Hockey League is valued at $2 billion in the annual valuation rankings from Forbes. Here’s what the valuation estimate and recent acquisition activity in the space could mean for the owner of the Rangers, which is publicly traded. What Happened: The average...
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Could New York Knicks Playoffs And Reopening Of Madison Square Garden Be A Winning Combination?
Monday, May 24, 2021 - 6:49pm | 598Pent-up demand for live sporting events and concerts continues to be a theme for investors seeking to find reopening stock plays. Add in a storied NBA franchise ending a playoff drought and investors could have two exciting stocks offering upside through the rest of 2021. What Happened: For the...
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What Traders And Investors Should Know About The Utah Jazz Sale
Wednesday, October 28, 2020 - 6:38pm | 564The Utah Jazz and Vivint Smart Home Arena are being sold to lifelong fan and Qualtrics founder Ryan Smith. The sale could be a boost to a publicly-traded company that owns several sports teams, including the New York Knicks. What Happened: ESPN reported a sale price of $1.66 billion for the ...
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Barron's Picks And Pans: Ackman Picks, Albertsons, Nvidia And More
Sunday, September 20, 2020 - 9:08pm | 821This weekend's Barron's cover story offers ways to profit from the digital-payment future. Other featured articles discuss how to invest in the post-COVID world, where to look overseas for bargains, and how Bill Ackman is positioned now. Also, the prospects for a supermarket operator, a...
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Madison Square Garden Is Able To Patiently Wait For The Return Of Sport Events
Friday, May 15, 2020 - 11:01am | 1210On Monday, the New York-based sports team and entertainment company, Madison Square Garden Sports Corp. (NYSE: MSGS) reported a fiscal third-quarter loss of $118 million, after reporting a profit in the same period a year earlier. To avoid any confusion, The Madison Square Garden Company completed...
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Barron's Picks And Pans: Berkshire Hathaway, Carvana, Madison Square Garden And More
Saturday, May 2, 2020 - 3:45pm | 721This weekend's Barron's cover story examines how consumer spending will affect the economic recovery. Other featured articles offer energy stock and bond picks, as well as retail stocks poised to thrive. Also, the prospects for Warren Buffett's empire, a used car purveyor and an iconic...
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Knicks Owner, Madison Square Garden Founder James Dolan Tests Positive For Coronavirus
Sunday, March 29, 2020 - 10:03pm | 311The Madison Square Garden Company (NYSE: MSG) founder and chairman James Dolan has tested positive for the novel coronavirus (COVID-19). What Happened The public relations handle of the New York Knicks, the National Basketball Association team owned by Dolan, announced the development late Saturday...
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Barron's Roundtable: A Big Basket Of Bargains For 2018
Saturday, January 20, 2018 - 5:56pm | 660This weekend's Barron's cover story features the second part of the 2018 Barron's Roundtable feature. Each Roundtable panelist offers up a handful of recommendations and reasons why they like these particular picks now. Other featured articles include an investor's guide...
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Analyst: Why Jim Dolan Could Sell The New York Knicks
Monday, September 11, 2017 - 11:32am | 673After the $2.2-billion sale of the Houston Rockets, an unloading of the New York Knicks by owner Jim Dolan could be a slam dunk. Madison Square Garden Co (NYSE: MSG) and live entertainment are the Dolan family’s focus, and the company’s executive chairman has said sports are in a...