Bearish MACD for Federal-Mogul Corp.
November 14, 2012 | Comments : 0
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November 14, 2012
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Federal-Mogul Corp.’s ( FDML - Snapshot Report ) MACD indicator has moved into bearish territory with a reading of –0.4394. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 1.46% to $7.42 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 66 cents over the past month to 84 cents per share.
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