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Brown Shoe’s MACD Signals Bullishness

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July 24, 2009 |Comments: 0
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BWS

Brown Shoe Inc.’s (BWS) MACD indicator has entered into bullish territory with a reading of 0.0044. The Zacks #1 Rank (“Strong Buy”) stock has advanced more than 5% to $7.50 in morning trade. The company has topped the consensus forecast in 3 out of last 4 quarters with an average surprise of 63.04%, or 14 cents per share.

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