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Checking In on Martha Stewart Omnimedia

I last wrote about Martha Stewart Living (MSO) back in February. In that piece, I applauded the fourth-quarter performance; unfortunately, I also was honest and said I didn't like the business from a long-term perspective. I still feel this way. It's the whole too-dependent-on-one-personality thing that makes me hesitant. Still, you can try to trade the shares every now and then, I suppose.

I decided to check in again on the company. I was reminded to do so by the following article at The Hollywood Reporter. It discusses the potential merits of a partnership between Martha Stewart's business and Hallmark Channel, which is owned by Crown Media Holdings (CRWN).

Continue reading Checking In on Martha Stewart Omnimedia

Closing Bell: Weakness Prevails Without Direction (AMP, CSCO, C, PEIX, CRWN, SYMC)

Today might as well have just been called a nuisance of a trading day. Jobless claims fell by about 11,000, but failed to exude any optimism. Then two different Fed officials chimed in on the deflationary fear front. To top it off, the S&P charts are giving different reads near-term versus long-term.

Here were the unofficial closing bell levels:

Dow Jones 10,467.16 -30.72 (-0.29%)
S&P 500 1,101.53 -4.60 (-0.42%)
Nasdaq 2,251.69 -12.87 (-0.57%)

Continue reading Closing Bell: Weakness Prevails Without Direction (AMP, CSCO, C, PEIX, CRWN, SYMC)

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 26, 2012: 09:00 AM

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