Federal-Mogul Corp.’s (FDML) MACD indicator has moved into bearish territory with a reading of –0.7587. The Zacks Rank #4 (“Sell”) stock decreased more than 0.63% to $6.29 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2013 has decreased by 81 cents over the past month to 11 cents per share.
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