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Tale of the Tape

Bearish MACD for Federal-Mogul Corp.

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Federal-Mogul Corp.’s 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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