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Bearish MACD for Inland Real Estate

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October 28, 2009 | Comment(s): 0
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IRC

Inland Real Estate Corp.’s (IRC - Snapshot Report) MACD indicator has moved into bearish territory with a reading of -0.0589. The Zacks #5 Rank (“Strong Sell") stock declined more than 2% to $8.19 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 4 cents over the past 3 months to $1.05 per share.

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