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Bearish MACD for PepsiAmericas

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December 23, 2009 | Comment(s): 0
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PAS

PepsiAmericas Inc.’s (PAS) MACD indicator has moved into bearish territory with a reading of -0.0903. The Zacks #4 Rank (“Sell”) stock declined slightly to $29.22 in morning trade. The Zacks Consensus Estimate on the company’s full-year earnings has reduced by 7 cents over the past 2 months to $1.86 per share.

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