Omnimedia Reports Q2 Results

Martha Stewart Pares Loss; Publishing Still Weighs: Martha Stewart Living Omnimedia Inc.’s  second-quarter loss narrowed as the media-and-merchandise company’s struggling publishing unit continued to weigh on its revenue. Martha Stewart Living reported a loss of $2.7 million, or 4 cents a share, compared with a loss of $2.94 million, or 5 cents, a year earlier. The most-recent quarter included $777,000 in restructuring charges. Revenue dropped 13% to $47.9 million.