Stocks in Motion: Great Wolf

Updated from 11:21 a.m. EDT

Shares of Factory Card & Party Outlet (FCPO Quote) rose 9.2% after beating first-quarter earnings estimates. The Illinois-based party-supply company said it earned $364,000, or 10 cents a share, compared with $304,000, or 9 cents a share, a year ago. Revenue slipped 2.1% to $55.7 million, while same-store sales dropped 4.3%. Analysts had expected the company to earn 6 cents a share, according to Thomson First Call. "This improvement is primarily the result of our ability to increase gross margin and reduce advertising expenditures related to the Easter holiday shift," CEO Gary Rada said. The stock finished up 75 cents to $8.90.

Great Wolf Resorts (WOLF Quote) fell 5.1% after the waterpark operator trimmed second-quarter guidance, citing the timing of spring holidays. Grey Wolf said it now expects a loss of $1 million, or 3 cents a share. Previously the Madison, Wis., company forecast a roughly break-even quarter. On an adjusted basis, the company expects a loss of $700,000, or 2 cents a share, compared with its previous view of a profit of up to 2 cents a share. Analysts expected a profit of a penny a share, according to First Call. The stock finished down $1.08 to $20.06.

URS (URS Quote) rose after winning $130 million in British Petroleum (BP Quote) contracts. The pacts call for URS to perform investigation and remediation services on European operations and to perform environmental consulting at BP sites across the Americas. "As a result of these most recent contract wins with BP, we have become one of its largest suppliers of environmental services in both the Americas and Europe, and its largest supplier of environmental consulting and remediation services globally," CEO Martin Koffel said. The stock closed up 60 cents to $35.99.

Journal Register (JRC Quote) rose slightly after the newspaper publisher reaffirmed second-quarter guidance. The Trenton, N.J., company said that May ad revenue jumped 40% from a year ago to $36 million and added that it expects to earn 34 cents to 36 cents a share for the second quarter. That's in line with the First Call analyst consensus estimate. The stock closed up 9 cents $16.81.

Another newspaper publisher, Tribune (TRB Quote), said consolidated revenue for May slipped 1.9% to $458 million. Publishing revenue showed a 0.6% decline, circulation revenue was down 9.4%, and broadcasting and entertainment group revenue fell 4.6%. Radio and entertainment revenue increased 8.1% due to improved revenue from their Chicago Cubs baseball franchise. The stock closed up 6 cent to $35.80.

NYSE volume leaders included Lucent (LU Quote), up 3 cents to $2.91; Ford (F Quote), up 30 cents to $10.82; Best Buy (BBY Quote), up $8.68 to $67.80; and Calpine(CPN Quote), down 5 cents to $3.35.

Nasdaq volume leaders included Microsoft (MSFT Quote), up 5 cents to $25.36; Sirius Satellite Radio (SIRI Quote), down 9 cents to $5.90; Cisco (CSCO Quote), down 12 cents to $19.18; and Intel(INTC Quote), down 30 cents to $26.70.