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Bearish MACD for Scholastic Corp.

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Scholastic Corp.’s (SCHL - Free Report) MACD indicator has moved into bearish territory with a reading of –0.9582. The Zacks #4 Rank (“Sell”) stock decreased more than 0.25% to $28.31 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending May 2013 has decreased by 77 cents over the past month to $1.50 per share.


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