Madison Square Garden Sports shares hit record high as it explores Knicks, Rangers spinoff | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Madison Square Garden building in New York , August 3, 2012. REUTERS/Charles Platiau [Purchase Licensing Rights, opens new tab]NEW YORK, Feb 18 (Reuters) - Shares of Madison Square Garden Sports [(MSGS.N), opens new tab] rose more than 16% to hit a record high on Wednesday after the company said ...

-- Roundball or Hockey? Investors Might Get to Own Shares of the Knicks and Rangers [Stocks Climb Amid Easing AI Fears][Berkshire Sold These 2 Big Tech Stocks in Q4][What to Expect from Walmart Earnings Thursday][What Is an Olympic Gold Medal Worth?]- Top StoriesThe New York Knicks' parent company is considering a spinoff of the team and the Rangers, their hockey counterparts, too.Ishika Samant / Getty ImagesClose### Key Takeaways- Shares of that company, Madison Square Garden Sports, have been hot lately, ...

MSG Sports to Explore Split of New York Knicks and Rangers - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# MSG Sports to Explore Split of New York Knicks, Rangers in Bullish Move for StockBy [Andrew Bary]ShareResize---ReprintsIn this articl ...

Core Viewpoint - The article discusses the author's previous avoidance of sports stocks, labeling them as vanity assets that do not contribute to capital compounding and often exhibit cash flow issues and volatile earnings [1]. Group 1: Investment Philosophy - The author emphasizes a fundamental analysis approach, focusing on situations where market valuation diverges from underlying economics [1]. - Key factors in this analysis include cash flow durability, balance sheet strength, and capital structure risks [1]. - The author seeks mispriced opportunities in the small and mid-cap sectors, looking for asymmetric setups where market sentiment does not align with reality [1]. Group 2: Disclosure and Ethics - The author maintains strict independence by not holding positions in any discussed securities and has no plans to initiate positions in the near future [2]. - The analysis is based solely on public filings and open-source data, with no use of Material Non-Public Information (MNPI) [1]. - The views expressed are personal and do not represent those of the author's employer [1].

Enhanced and A Paradise Acquisition Corp. Announce Filing of Registration Statement on Form S-4 with the SEC [Accessibility Statement] Skip NavigationNEW YORK and HONG KONG, Feb. 12, 2026 /PRNewswire/ -- Enhanced Ltd ("Enhanced" or the "Company") and A Paradise Acquisition Corp. ("A Paradise") (NASDAQ: APAD), a special purpose acquisition company (SPAC), today jointly announced the public filing of a registration statement on Form S-4 with the U.S. Securities and Exchange Commission ("SEC") in connection wi ...

Core Points - Gray Media has expanded its partnership with the Kansas City Royals for the 2026 baseball season, allowing free broadcasts of select games in 18 markets across 8 states [1][2] - The historic home opener on March 30, 2026, against the Minnesota Twins will be the first free over-the-air broadcast of the Royals' home opener since 2007 [2] - KCTV5 will air ten regular season games throughout the 2026 season, showcasing the Royals' community outreach and charitable initiatives [3][4] Company Overview - Gray Media, Inc. is the largest owner of local television stations in the U.S., reaching approximately 37% of U.S. television households across 113 markets [5] - The company operates 78 markets with top-rated television stations and has the largest Telemundo Affiliate group with 44 markets [5] - Gray Media also includes digital marketing services through Gray Digital Media and owns various media properties, including video production companies and studio facilities [5]

Economic Overview - U.S. manufacturing activity unexpectedly expanded in January, marking the biggest jump since 2022, which is a positive indicator for the economy [2][20] - The S&P 500 is heading for record highs, currently up by about 0.5% [1][20] - The U.S. dollar continues to rally, with the Bloomberg Dollar Spot Index higher by about 0.3% [2] Federal Reserve Insights - There is speculation about a potential reshaping of the Federal Reserve under Kevin Warsh, who is critical of quantitative easing (QE) and aims to create a separation from the administration [4][7][15] - The Fed's balance sheet has decreased from $9 trillion to approximately $6.6 trillion, raising questions about future monetary policy and the implications for government funding [14][15][18] - The Fed is currently believed to be pausing on balance sheet shrinkage, which may lead to discussions about the appropriate size of the balance sheet during abnormal economic times [16][18] Market Reactions - Traders are adjusting their expectations regarding Federal interest rate cuts, with discussions of a "Goldilocks" scenario of solid growth that contains inflation [3][19] - Concerns about the sustainability of elevated prices in precious metals like gold and silver are emerging, as the dollar strengthens [42][46] - Companies in the AI sector, including Oracle, are facing scrutiny over their debt levels as they raise funds to support growth ambitions [60][66] Corporate Developments - Coeur Mining is actively pursuing acquisitions to create a North American mining powerhouse, focusing on low-risk exposure in Canada, the U.S., and Mexico [56][58] - The company anticipates more consolidation in the mining sector as investors seek sustainable price levels [58] - Disney's recent earnings report reflects a strong performance driven by its parks and cruise business, despite some concerns about future growth [30][33][39]

Core Viewpoint - SEGG Media Corporation, formerly known as Lottery.com Inc., has successfully had remaining claims in a legacy litigation dismissed by the U.S. District Court for the Middle District of Florida, allowing the company to focus on its business strategy and growth initiatives [1][2][3]. Legal Developments - The Court granted the Company's renewed motion to dismiss for lack of subject matter jurisdiction and declined to exercise supplemental jurisdiction over the remaining state-law counterclaims, leading to the closure of the case [2][3]. - This ruling follows the prior dismissal of all federal claims in the action, resulting in the Court lacking jurisdiction to adjudicate the remaining state-law claims, which were dismissed without prejudice [3]. Management Response - SEGG Media's Chief Operating Officer expressed satisfaction with the Court's decision, indicating alignment with established jurisdictional principles [4]. - The Company views this ruling as a procedural resolution that allows the new management team to concentrate on executing its business strategy and enhancing core business assets [5]. Business Focus - SEGG Media is committed to driving revenue growth, completing strategically-targeted acquisitions, and creating long-term shareholder value through its digital assets, including Sports.com, Concerts.com, TicketStub.com, and Lottery.com [5][6].

Core Concept - Major League Soccer (MLS) has launched the Walmart Saturday Showdown, a weekly highlight of marquee matchups throughout the regular season, starting with the match between Inter Miami CF and Los Angeles Football Club on February 21, 2026 [1][2] Group 1: Event Details - The Walmart Saturday Showdown aims to create a consistent viewing experience for fans, allowing them to plan around significant games each Saturday [2] - The inaugural match will take place at the Los Angeles Memorial Coliseum, featuring defending MLS Cup champion Inter Miami CF [1] - The first matches of the 2026 MLS regular season include notable games such as Real Salt Lake vs. Seattle Sounders FC on February 28, 2026, and LA Galaxy vs. Sporting Kansas City on March 14, 2026 [8] Group 2: Partnership and Engagement - The initiative is part of a multi-year partnership between Walmart and MLS, focusing on enhancing fan engagement and community building [9] - Walmart's Chief Marketing Officer emphasized the importance of access and community in connecting fans with MLS matchups [2] - The partnership aims to reinforce Walmart's commitment to celebrating soccer and engaging with the league's supporters [9] Group 3: Enhanced Viewing Experience - The Walmart Saturday Showdown will feature enhanced production and broadcast experiences on Apple TV, designed to immerse fans in the matchday atmosphere [3] - A unique "Shot on iPhone" view will provide dynamic angles and capture key moments, enhancing the viewing experience [4] - Match highlights will be shared across MLS and Walmart's social channels, allowing fans to engage with memorable moments [4] Group 4: Fan Activation - An immersive fan experience will be held in Los Angeles on February 20, 2026, to celebrate the launch of Walmart Saturday Showdown [5] - The event will include MLS legends, interactive games, and previews of the season's offerings, aimed at boosting fan engagement [6] - This activation marks the beginning of several initiatives designed to enhance fan interaction throughout the season [6] Group 5: Future Outlook - The launch of Walmart Saturday Showdown is seen as a significant step for MLS as it prepares for its 31st season in 2026, aiming to create exciting experiences for fans [7] - MLS is committed to fostering a sense of community and enhancing the narrative around its most exciting matchups [7]

Core Viewpoint - Liberty Media Corporation will host a conference call to discuss its fourth quarter 2025 results on February 26, 2026, at 10:00 a.m. E.T. [1] Group 1: Conference Call Details - The conference call will include a Q&A session where management will accept questions regarding Liberty Media and Liberty Live Holdings, Inc. [1] - Participants can join the call by phone using specific numbers and a confirmation code, and they should call at least 10 minutes prior to the call [2] - A webcast of the conference call will be available on Liberty Media's investor relations site, with links to the press release and replay also provided [3] Group 2: Company Overview - Liberty Media Corporation operates and owns interests in media, sports, and entertainment businesses, including subsidiaries like Formula 1 and MotoGP [4]