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Bearish MACD for Cabot Corp.

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Cabot Corp.’s (CBT - Free Report) MACD indicator has moved into bearish territory with a reading of –0.7435. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 2.57% to $36.33 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending September 2013 has decreased by 10 cents over the past two months to $3.50 per share.


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