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Blue Nile (NILE -1.5%) CEO Harvey Kanter extolls the online retailer's future on Squawk on the...

Blue Nile (NILE -1.5%) CEO Harvey Kanter extolls the online retailer's future on Squawk on the Street (video) with his belief the price differential between the 150K diamonds being sold on the company's site and the gems from brick-and-mortar rivals will keep sales churning. A key for the company to boost profits is to start to see marketing expenditures pay off, especially with women.
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