Nice crafty blog over at Not Martha

The Securities and Exchange Commission said Monday it agreed to settle insider trading charges against Martha Stewart and her former stockbroker relating to Stewart's sale of ImClone Systems stock in December 2001.

Under the settlement, Stewart agreed to the maximum penalty of about $195,000, or three times the losses she avoided, the SEC said.

Martha Stewart, who completed a five-month prison sentence a year ago for lying about her sale of ImClone stock, is now facing another legal hurdle.

The home diva was facing a deadline Thursday to respond to a civil suit brought on by the Securities and Exchange Commission that charges she illegally used nonpublic information to sell 3,928 shares of ImClone Systems Inc. back in December 2001.

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Sure, her prime time TV show was a flop. But guess what? Martha Stewart is back in vogue...at least on Wall Street.

Shares of Martha Stewart Living Omnimedia (Research) are up more than 20 percent since February, when the company reported better than expected fourth-quarter earnings, excluding the cost of stock options, thanks to strong gains in ad revenue at the company's magazines.

Anyone who has traveled the rolling hills of unincorporated South Fulton County in the past year has noticed the growing presence of residential communities in various stages of development. One of the more recent planned editions to the area is Hampton Oaks, being developed by KB Home in conjunction with television personality and entrepreneur Martha Stewart.

Martha Stewart's deal to sell merchandise to Macy's department stores raised questions about the future of her relationship with Sears Holdings Corp. (SHLD.O: Quote, Profile, Research), Sears Chairman Edward Lampert said on Wednesday.

Sears Holdings, which has sold Martha Stewart Everyday merchandise at its Kmart stores for years, decided not to carry the brand in its Sears chain for fear that the deal would not be renewed when it expires in four years, and the retailer would be forced to remove the goods.

Federal regulators on Wednesday approved Erbitux, the drug at the center of the Martha Stewart stock scandal, as the first new drug to treat head and neck cancer since the 1950s.

The Food and Drug Administration initially approved the drug in 2004 to treat colorectal cancer. The drug may now be used in combination with radiation to treat patients with squamous cell cancer of the head and neck that cannot be removed by surgery.

First Donald Trump and now Rosie O'Donnell, who turns 44 this month, isn't happy with friend Martha Stewart.

But at least O'Donnell, often called "the Queen of Nice," doesn't hold a grudge.

She appeared on the 100th episode of Stewart's daytime talk show -- her second visit -- and made it clear that she wasn't happy that Stewart never made it to see her perform in Broadway's "Fiddler on the Roof."

Martha Stewart Living Omnimedia Inc. swung to a fourth-quarter profit, helped by a continued rebound in advertising revenue at its flagship Martha Stewart Living magazine.

Shares of the company rose 71 cents, or 4.3 percent, to $17.20 in early trading on the New York Stock Exchange.