Bearish MACD for Bowne & Co - Tale of the Tape

Bowne & Co., Inc.’s (BNE) MACD indicator has moved into bearish territory with a reading of -0.0306. The Zacks #4 Rank (“Sell”) stock declined slightly 1% to $11.14 in morning trade. The Zacks Consensus Estimate on the company’s earnings for 2010 decreased 3 cents over the past month to 32 cents per share.
 
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