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Stock Market & Financial Investment News

News Breaks
December 19, 2012
08:33 EDTMSOMartha Stewart announced CEO Lisa Gersh to step down
A search is underway to name a successor. Under Gersh's leadership, the company has successfully restructured and repositioned its publishing and broadcast divisions to improve profitability and expand delivery of its lifestyle offerings through digital, mobile and video platforms. The company expects the restructuring to result in annualized cost savings in the range of $45M-$47M, which is expected to result in an EBITDA improvement of approximately $5M-$7M annually.
News For MSO From The Last 14 Days
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June 26, 2015
09:12 EDTMSOPlymouth Lane urges Martha Stewart to conduct 'robust' process during go-shop
Plymouth Lane Capital, a holder of a 10.9% stake in Martha Stewart Living Omnimedia, stated in a regulatory filing that the investor intends to engage in a constructive dialogue with the company's management, board, and other relevant parties or stakeholders, regarding matters that may include, without limitation, steps to maximize shareholder value and to "encourage a timely, proactive, and robust marketing process" in order to obtain acquisition proposals during the "go-shop period" as set forth in its previously announced merger agreement with Sequential Brands Group (SQBG).
June 25, 2015
06:20 EDTMSOMeredith, Iconix among those looking at Martha Stewart, NY Post reports
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June 23, 2015
08:03 EDTMSOMartha Stewart a great addition to Sequential Brands, says Brean Capital
Brean Capital said Martha Stewart (MSO) is a great addition to Sequential Brands' (SQBG) portfolio citing its brand awareness and the diversification of its platform. The firm believes many of its brands are in the early stages of organic growth and thus sees upside to the company's estimates. Brean Capital reiterated its Buy rating and raised its price target to $21 from $17 on Sequential Brands shares.
June 22, 2015
13:20 EDTMSOOn The Fly: Top stock stories at midday
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09:23 EDTMSOMartha Stewart down 13.7% after Sequential Brands announces acquisition
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09:19 EDTMSOSequential Brands signs definitive merger agreement to acquire Martha Stewart
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09:17 EDTMSOSequential Brands signs definitive merger agreement to acquire Martha Stewart
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