Madison Square Garden (MSG +2.3%), owner of the New York Knicks and Rangers as well as the...

|About: The Madison Square Garden C... (MSG)|By:, SA News Editor

Madison Square Garden (MSG +2.3%), owner of the New York Knicks and Rangers as well as the namesake stadium, rises after Albert Fried upgrades shares to Buy, arguing federal mediation will help end the NBA lockout. Fears the lockout would wipe out an entire season have weighed on MSG shares, as well as analyst estimates.