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Madison Square Garden Sports: Buying The Knicks And Getting The Rangers For Free
Friday, January 22, 2021 - 1:50pm | 485Read More...Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL’s New York Rangers...
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What Traders And Investors Should Know About The Utah Jazz Sale
Wednesday, October 28, 2020 - 6:38pm | 564Read More...The 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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Madison Square Garden Trading At Discount To Intrinsic Value, Imperial Capital Says In Bullish Initiation
Tuesday, August 21, 2018 - 9:14am | 438Read More...Shares of sporting and entertainment company Madison Square Garden Co (NYSE: MSG) have gained more than 10 percent since the announcement of a split into two entities, but the stock remains undervalued, according to Imperial Capital. The Analyst Imperial Capital's David Miller initiated...
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How Manchester United, Knicks Wins Correlate With Stock Gains
Friday, March 2, 2018 - 2:06pm | 773Read More...It looks like another losing season for the New York Knicks. More than halfway through their 2017-2018 schedule, the team ranks 11th in the NBA’s Eastern Conference with a 24-38 record. If they stay on pace, they’ll finish their fifth consecutive losing season and potentially miss their...
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Analyst: Why Madison Square Garden Is A Better Bet Than MSG Networks
Thursday, October 1, 2015 - 10:44am | 653Read More...Madison Square Garden completed a split of itself into two companies: The Madison Square Garden Co (NYSE: MSG) and The Madison Square Garden Company (NYSE: MSGN). John Janedis of Jefferies is bullish on Madison Square Garden and bearish on MSG Networks. Janedis noted Madison Square Garden...
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StubHub Sees Continued Selloff For Record-Setting Stanley Cup Finals
Wednesday, June 11, 2014 - 4:33pm | 384Read More...The Stanley Cup Finals could come to a close Wednesday night. Resale tickets are selling off in a hurry. "Having a major market team in any series leads to high demand," Cameron Papp, spokesman for the online ticket marketplace Stubhub, told Benzinga. "In this case, with both New...
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Because It's The Cup: StubHub Ticket Prices Go From Record Highs To Major Selloff
Tuesday, June 10, 2014 - 11:32am | 520Read More...The New York Rangers are on the brink of elimination and fans are starting to cash in. The Los Angeles Kings on Monday night defeated the Rangers 3-0 in Game 3 of the Stanley Cup Finals. After blowing two-goal leads in the first two games of the series, the Rangers quest for their first Cup in...
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Finals Shape Up, Ballmer's Buy: Sports Business Wrap For The Week
Sunday, June 1, 2014 - 7:54pm | 476Read More...Top Stories Ballmer Buys Clippers Former Microsoft CEO Steve Ballmer reached an agreement to purchase the Los Angeles Clippers. His bid of $2 billion is three time larger than any previous sale of an NBA franchise. The sale must still be approved by the NBA Board of Governors. Donald...
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Market Wrap For May 30: 'Sell In May And Go Away' Proves To Be Bad Advice
Friday, May 30, 2014 - 4:30pm | 1763Read More...U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...
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Madison Square Garden Surges Following Impressive Earnings Beat
Monday, August 27, 2012 - 9:45am | 277Read More...Investors scrambled to buy shares of Madison Square Garden (NYSE: MSG) Friday, when the sports and entertainment venue owner in New York City that hosts the New York Rangers and the New York Knicks (among other assets) released a fantastic earnings report. The company blew away investors when it...
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Not Exactly Optimum From Cablevision
Tuesday, August 9, 2011 - 12:50pm | 575Read More...Not exactly an "optimum" quarter for Cablevision Systems (NYSE: CVC), was it? The Bethpage, N.Y.-based company reported earnings of 31 cents per share on $1.69 billion in revenues. Wall Street expectations had been for 42 cents per share on $1.87 billion in revenues. Cablevision President and...
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5 Stocks For The NHL Playoffs (PEP, NKE, CMCSA, MSG, BUD)
Tuesday, March 29, 2011 - 9:52am | 513Read More...The NHL season is about to finish, and the playoffs are about to start in a couple weeks. There is nothing like playoff hockey, as teams battle for up to 7 games each round to try to win the Stanley Cup, the best trophy in all of sports. Which companies might benefit from the playoffs and the...
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Foxwoods Resort Casino and Madison Square Garden Extend Marketing Partnership
Tuesday, December 7, 2010 - 11:31am | 115Read More...Foxwoods Resort Casino and Madison Square Garden (NASDAQ: MSG) announced today that they have extended and expanded their marketing partnership. The new agreement is highlighted by the innovative new “Foxwoods Final Five” platform that provides Foxwoods with exclusive advertising rights to the...
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Canon U.S.A. Continues Partnership with Madison Square Garden
Tuesday, November 23, 2010 - 10:11am | 89Read More...Canon U.S.A., Inc. today announced it has agreed to a new year-long sponsorship with Madison Square Garden. Under the terms of the new agreement, the Canon logo will be displayed on a pair of dasherboards during all Rangers regular season and playoff home games. Canon will also present a 30-second...
