Friday's Winners & Losers

Shares of Shuffle Master(SHFL Quote) were among the Nasdaq's losers Friday, sliding 9% after the casino-supply company posted third-quarter results that fell short of Wall Street's expectation. The company earned $7.3 million, or 20 cents a share, on revenue of $40.7 million. Analysts polled by Thomson First Call expected earnings of 24 cents a share on revenue of $46 million. During the year-earlier period, the company earned $8.1 million, or 22 cents a share, on revenue of $27.3 million.

Looking ahead, Shuffle Master now sees full-year earnings of 97 cents to $1 a share. In June, the company said it would earn between $1 and $1.05 a share. The company blamed the earnings revision on longer-than-expected approval and selling cycles. Analysts project earnings of 90 cents a share. Shares were trading down $2.51 to $24.42.

Metal Management(MTLM Quote) rose 4% after the scrap-metal recycler announced a 2.7 million share buyback. The buyback plan represents about 10% of the company's stock outstanding.

"Metal Management is committed to investing for growth and creating value for our shareholders, propositions that are not mutually exclusive as evidence by our recent acquisitions, ambitious capital expenditure program and this new authorization to repurchase up to 2.7 million shares of our common stock," the company said. Shares were trading up $1.01 to $25.13.

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