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Bearish MACD for Tibco Software Inc.

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Tibco Software Inc.’s MACD indicator has moved into bearish territory with a reading of –0.2433. The Zacks #5 Rank (“Strong Sell”) stock decreased more than 0.18% to $22.35 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending November 2013 has decreased by 8 cents over the past month to 90 cents per share.


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