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Retailer Macy's Inc is preparing to launch a $100 million fall advertising campaign with celebrities such as Martha Stewart and Donald Trump as it tries to boost its dowdy image and sagging sales, The Wall Street Journal reported on Wednesday.
Shares of Martha Stewart Living Omnimedia Inc. (NYSE: MSO) jumped in Monday trading after the company said it hired a new advertising executive from Yahoo! Inc (Nasdaq: YHOO).
Martha Stewart Living Omnimedia Inc. shares rose 5 percent on Monday after the media company hired an influential advertising executive from Yahoo Inc. for its media business.
Martha Stewart Living Omnimedia (NYSE: MSO) shares rallied on Tuesday, responding to an upgrade from investment bank, Bear Stearns.
ImClone Systems Inc. shareholders on Wednesday elected billionaire Carl Icahn and two of his associates to its board, according to CNBC.
Martha Stewart, the high profile founder of Martha Stewart Living Omnimedia, settled civil charges with the SEC on Monday regarding charges of insider trading brought against her several years ago.