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Bearish MACD for Oxford Industries, Inc.

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Oxford Industries, Inc.’s (OXM - Free Report) MACD indicator has moved into bearish territory with a reading of –0.5799. The Zacks #4 Rank (“Sell”) stock decreased more than 0.97% to $47.83 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 26 cents over the past two months to $2.66 per share.


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