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Bearish MACD for Baker Hughes

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November 17, 2009 |Comments: 0
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BHI

Baker Hughes Inc.’s (BHI) MACD indicator has crossed over to bearish territory with a reading of -0.2634. The Zacks #4 Rank (“Sell”) stock has declined slightly to $43.18 in afternoon trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 9 cents over the past month to $1.86 per share.

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