Phillips-Van Heusen Corp.’s (PVH) MACD indicator has moved into bearish territory with a reading of -0.2438. The Zacks #4 Rank (“Sell”) stock slipped more than 1% to $48.61 in morning trade. The Zacks Consensus Estimate on the company’s earnings for the year ending January 2011 dipped a penny over the past 2 months to $3.62 per share.
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