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Tale of the Tape

Scotts Miracle-Gro Co.’s (SMG - Snapshot Report) MACD indicator has moved into bearish territory with a reading of –0.8702. The Zacks #4 Rank (“Sell”) stock decreased more than 0.89% to $38.84 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2012 has decreased by a cent over the past week to $2.49 per share.