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Movers roundup: Digi International, Gen-Probe

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April 29, 2008

Among the stock activity stories for Tuesday, April 29, from AP Financial News:

NEW YORK (AP) -- Shares of Digi International Inc. tumbled Tuesday after the networking equipment maker posted lower earnings and nearly flat sales in its fiscal second quarter, hurt by the U.S. economic slowdown.

NEW YORK (AP) -- Shares of Gen-Probe Inc., which makes diagnostic tests for infectious diseases, jumped Tuesday after the company said its first-quarter profit jumped 49 percent and raised its full-year guidance above analyst estimates.

NEW YORK (AP) -- Shares of Fresh Del Monte Produce Inc., which makes fresh-cut fruit and vegetables, dropped Tuesday after a BB&T analyst cut her rating on the shares despite a rise in first quarter profit.

NEW YORK (AP) -- Shares of Cross Country Healthcare Inc. tumbled 7 percent Tuesday, after a Citi Investment Research analyst started coverage of the health care staffing firm at "Sell."

NEW YORK (AP) -- Shares of Watson Pharmaceuticals spiked 8 percent Tuesday, after the Food and Drug Administration ended its years-long scrutiny of the drug maker's Davie, Fla., manufacturing plant, allowing products made there to be eligible for FDA approval.

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