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Warner Music’s MACD Signals Bearishness

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July 28, 2009 |Comments: 0
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WMG

Warner Music Group Corp.’s (WMG) MACD indicator has moved into bearish territory with a reading of -0.0253. The Zacks #4 Rank (“Sell”) stock has declined more than 3% to $5.42 in afternoon trade. The consensus estimate for the year ending September 2009 is pegged at a loss of 41 cents per share, which has worsened by 3 cents over the past month.

Read the full analyst report on WMG

 
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