Imation Corp.’s (IMN) MACD indicator has entered into bearish territory with a reading of -0.0922. The Zacks #5 Rank (“Strong Sell”) stock decreased slightly to $5.58 in morning trade. The Zacks Consensus Estimate for the year ending December 2012 has worsened by 35 cents over the past month to a loss of 81 cents per share.
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