It's all about the money . . .
http://www.theglobeandmail.com/servl...HA16/TPHealth/
Last month, the company said its revenues for the second quarter of this
year
dropped to $44-million (U.S.) from $66-million in the corresponding
period in
2003. Much of that decline came in the magazines division, as
advertisers have
been reluctant to associate with her tarnished name.
On the New York Stock Exchange yesterday, news of her decision sparked a
bit
of a rally in Martha Stewart Living shares, which were up 32 cents -- or
nearly 3
per cent -- to $11.46 (U.S.) on a volume of three million shares.