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Bearish MACD for Chemtura Corp.

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Chemtura Corp.’s MACD indicator has moved into bearish territory with a reading of –0.2840. The Zacks Rank # 5 (“Strong Sell”) stock decreased more than 0.05% to $20.92 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 21 cents over the past two months to $1.60 per share.


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