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Bearish MACD for Emergent Biosolutions Inc.

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Emergent Biosolutions Inc.’s (EBS - Free Report) MACD indicator has moved into bearish territory with a reading of –0.1555. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 1.48% to $15.28 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2012 has decreased by 2 cents over the past two months to 66 cents per share.


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