Movers Roundup: CapitalSource, Gen-Probe

By Associated Press March 24, 2008

0 Recommendations

Among the stock activity stories for Monday, March 24, from AP Financial News:

NEW YORK (AP) _ Shares in CapitalSource Inc. leaped Monday after the lender said it killed its deal to buy TierOne Corp., a bank struggling with bad credit.

NEW YORK (AP) _ Shares of Gen-Probe Inc., which makes tests to detect HIV, other sexually transmitted diseases and tuberculosis, rose Monday, as a Cowen & Co. analyst said the company is her favorite recommendation in the molecular diagnostics space.

NEW YORK (AP) _ Media General Inc.'s stock slid to a fresh 52-week low Monday as an analyst cut his price target on the company's weak first-quarter forecast and soft February sales results.

NEW YORK (AP) _ Biotechnology company Halozyme Therapeutics Inc.'s shares are trading higher Monday after a recent flurry of insider stock purchases.

NEW YORK (AP) _ Shares of Akamai Technologies are up along with the broader market in afternoon trading after a Pacific Crest analyst reiterated an "Outperform" rating.

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