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Bearish MACD for The Advisory Board Co.

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The Advisory Board Co.’s MACD indicator has moved into bearish territory with a reading of –0.3764. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.35% to $50.55 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending March 2013 has decreased by 6 cents over the past month to 95 cents per share.


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