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The New York Knicks will debut a new jersey patch sponsor this season with Sphere Entertainment, a company also owned by the team's owner James Dolan.
The 28-year-old singer and songwriter, who performs under the name Tomberlin, crafted her 2018 debut album while supporting herself by working at a Verizon VZ, +1.93% store. She has since recorded and released a second studio album and an EP while touring, building up to opening spots in larger venues for well-known acts such as Tegan and Sara.
The latest and final stock sale of Madison Square Garden Entertainment by its former parent, Sphere Entertainment, looks bullish for the owner of the Madison Square Garden arena in Manhattan.
Madison Square Garden Entertainment is a live entertainment pure play with upside, according to analysts at Bank of America. The firm initiated coverage of MSGE, which owns Madison Square Garden along with other venues including the Chicago Theater, with a Buy rating and a 12-month $41 price target.
Madison Square Garden Entertainment Corp. (NYSE:MSGE ) Q4 2023 Earnings Conference Call August 18, 2023 10:00 AM ET Company Participants Ari Danes - SVP, IR, Financial Communications and Treasury Dave Byrnes - EVP and Chief Financial Officer Conference Call Participants David Karnovsky - JPMorgan Brandon Ross - LightShed Partners Stephen Laszczyk - Goldman Sachs Ben Swinburne - Morgan Stanley Devin Brisco - Wolfe Research David Joyce - Seaport Research Partners Operator Good morning. Thank you for standing by, and welcome to the Madison Square Garden Entertainment Corp. Fiscal 2023 Fourth Quarter and Year End Earnings Conference Call.
The S&P 500 (^GSPC) ticks down this morning, signaling another losing week for stocks amid elevated inflation and the Fed's ongoing interest rate cycle debate. Utility company Hawaiian Electric (HE) receives a stock upgrade from Wells Fargo analysts amid a class-action lawsuit over the fires that devastated Maui.
Madison Square Garden Inc said that the playoff participation of the New York Knicks and New York Rangers significantly contributed to its fiscal 2023 top-line growth. The Knicks' advancement to the Eastern Conference semifinals and the combined eight home playoff games at Madison Square Garden Arena drove robust demand across all revenue categories, surpassing the previous year's record results.
NEW YORK , Aug. 11, 2023 /PRNewswire/ -- Madison Square Garden Entertainment Corp. (NYSE: MSGE) will host a conference call to discuss results for its fiscal fourth quarter and full-year ended June 30, 2023 on Friday, August 18, 2023, at 10:00 a.m. Eastern Time.
Madison Square Garden Entertainment was recently spun-off from Sphere Entertainment. The company holds some of the most iconic venues in NYC and Chicago and holds a solid financial position. However, we find the equity to be fairly valued and think there are better opportunities in the market right now.
Spin-off stocks signify newly independent companies separated from their parent or holding companies. The objective is to execute their unique strategies and capture market opportunities.