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Bearish MACD for BKS

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December 28, 2011 | Comment(s): 0
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BKS

Barnes & Noble, Inc.’s (BKS - Snapshot Report) MACD indicator has entered into bearish territory with a reading of -0.1291. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $14.42 in morning trade. The Zacks Consensus Estimate for the year ending April 2012 has worsened by 28 cents over the past month to a loss of 59 cents per share.

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