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Bearish MACD for LANC

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Lancaster Colony Corp.’s (LANC - Free Report) MACD indicator has moved into bearish territory with a reading of -0.0415. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $57.20 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending June 2012 has decreased by 11 cents over the past month to $3.77 per share.


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