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Bearish MACD for Columbia Sportswear Co.

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Columbia Sportswear Co.’s (COLM - Free Report) MACD indicator has moved into bearish territory with a reading of –0.8612. The Zacks Rank #4 (“Sell”) stock decreased more than 1.81% to $49.88 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by a cent over the past week to $3.06 per share.


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