 |  | EARNINGS IN THE CITI: Following Merrill's big earnings miss on Thursday, Citi's before-the-bell report will be crucial factor as investors decide whether or not to keep on buying financial stocks. Mary Thompson monitors Citi's results and the company's comments.
| COMMERCIAL REALTY CHECK: Diana Olick looks at the growing number of vacancies in the commercial real estate sector...particularly retail spaces. Reis Inc. is out with a report saying the vacancy rate for U.S. retail space jumped in the second quarter due to the growing number of retailers shutting down stores amid the economic slowdown. What's the next shoe to drop and where should you invest in the commercial real estate space?
| CALIFORNIA'S BLACK GOLD RUSH: Fashion, Fame and... Oil? Beverly Hills is home to oil fields, wells and derricks hidden in constructions like a kidney shaped mall and a high school playing field tower. But it's not just Beverly Hills: the Los Angeles oil basin is the most urbanized place in the country with active oil production. California is the 4th biggest U.S. state producer of crude. Jane Wells reports.
| THE HOLLYWOOD MUSICAL CRAZE: Universal Pictures' Mamma Mia! opens on 3,000 screens on Friday... written, produced and directed by the same team that made the musical $2 billion in theaters. The movie comes nine years after the Broadway show opened... and as the musical currently has nine productions around the world. Many Broadway hits have flopped on the big screen -- Rent, Phantom, the Producers. So how will Mamma Mia! fare for Universal? Julia Boorstin reports.
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