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Stewart's Woes Hurt Company; Losses Expected Through 2004

Martha Stewart's legal problems continue to batter the company that bears her name, with worse-than-expected losses across the entire business after her federal criminal conviction. In a conference call with investors yesterday, the chief financial officer said Martha Stewart Living Omnimedia, under pressure from the continuing negative publicity around what Ms. Stewart has called "a small personal matter,'' would continue to lose money through the end of the year.

Read the whole story at The New York Times, August 4, 2004 »

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