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Bearish MACD for Apollo Group Inc.

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Apollo Group Inc.’s MACD indicator has moved into bearish territory with a reading of –0.7912. The Zacks Rank #4 (“Sell”) stock decreased more than 0.12% to $17.03 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending August 2013 has decreased by 3 cents over the past two months to $2.66 per share.


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