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Bearish MACD for Jos. A. Bank Clothiers Inc.

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Jos. A. Bank Clothiers Inc.’s MACD indicator has moved into bearish territory with a reading of –0.0494. The Zacks Rank #5 (“Strong Sell”) stock decreased more than 0.44% to $44.12 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2013 has decreased by 12 cents over the past two months to $3.67 per share.


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