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Wednesday, June 8, 2011

CNBC.com's Evening Brief: Groupon's 1500% Growth Rate Makes Even Google Look Lame

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Crime Inc. - Stolen Goods
CNBC 360 Tonight 9:00PM ET/PT
The over $70 billion industry of stolen goods is a complex web of stealing, buying, and selling—placing the items on the Internet, in flea markets, and even back on the shelves of legitimate stores. No one is safe, these modern day pirates steal from stores, semis, warehouses, even our very own homes. Tonight 9:00PM ET/PT.
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  • Gap CEO: 'Keep Your Eye on the Long-Term'
    Long-term Gap shareholders will need to be a little more patient. The nation's largest apparel retailer told investors gathered at the Piper Jaffray Consumer Conference in New York Wednesday that some of the actions it plans to take to turn around its business will be apparent by this Christmas holiday season, but most won't come until next year.
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  • And the REIT Winner Is — Storage?
    REITs overall are on a tear, with the FTSE NAREIT All Equity REITs Index up 14.13 percent on a total return basis in the first five months of the year. But when I read down the fact sheet to the winners and losers, imagine my surprise to see the least sexy of the bunch at the top of the list: Self storage.
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  • When Caught Don't be a "Weiner"
    You're probably not sending photos of yourself, in your underwear, to strangers in Seattle, as a US Congressman admitted doing the other day. It was "part of a joke," he said. But have you ever said or done something offensive? And then, when people reacted negatively, claimed, "I was just joking."
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