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Bearish MACD for CBD

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September 24, 2010 | Comment(s): 0
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CBD
Companhia Brasileira de Distrib.’s (CBD - Analyst Report) MACD indicator has entered into bearish territory with a reading of -0.0979. The Zacks #4 Rank (“Sell”) stock declined slightly to $68.02 in afternoon trade. The Zacks Consensus Estimate for year ending 2010 has decreased by 91 cents over the past two months to $2.40 per share.

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