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Earlier this month Martha Stewart Living reported a smaller-than-expected first-quarter loss on lower expenses. The company has a merchandising deal with Home Depot. J.C. Penney Co. announced in December that it will develop mini-shops in its stores with Stewart. However, that is being legally contested by Macy's Inc., which also offers Martha Stewart products. Stewart's daily talk show, which aired in syndication before moving to cable's Hallmark Channel two years ago, is ending this summer. Shares of Martha Stewart Living fell 12 cents, or 3.7 percent, to close at $3.09.
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