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Bullish MACD Signal for Allied World – Zacks Tale of the Tape

Source: http://www.zacks.com/stock/news/19958/Bullish+MACD+Signal+for+Allied+World+-+Zacks+Tale+of+the+Tape
 Posted on Thursday, May 7th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -

Allied World Assurance Holdings Ltd.’s (AWH) MACD indicator has crossed over to bullish territory with a reading of 0.0377. The Zacks #2 Rank (”Buy”) stock has advanced slightly to $37.84 in afternoon trade. Allied World has topped the consensus in 3 out of last 4 quarters with an average surprise of 20.15%, or 37 cents per share. Moreover, the full-year consensus has increased by 4 cents over the past 30 days to $7.46 per share.  The company will report first-quarter earnings later today.

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