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Bearish MACD for Cablevision Systems Corp.

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Cablevision Systems Corp.’s MACD indicator has moved into bearish territory with a reading of –0.2800. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 1.78% to $13.83 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 4 cents over the past week to 42 cents per share.


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