Stocks in Motion: Expedia

Pope & Talbot said it suspended the quarterly dividend to conserve its net worth and cash balances. The company also noted that it has obtained waivers for a lease on a pulp mill to avoid a violation of financial covenants. The company doesn't expect to be in compliance with the covenants at the end of the year, and will require a further waiver. Shares recently traded at $8.11, down 99 cents.

Polo Ralph Lauren(RL Quote) rose 3% after the clothing company turned in better-than-expected second-quarter earnings and sales. The company earned $104.2 million, or 97 cents a share, on sales of $1.03 billion. Analysts expected earnings of 90 cents a share on sales of $976.9 million. A year earlier, the company earned $79.3 million, or 77 cents a share, on sales of $895.6 million.

Polo continues to see fiscal 2006 earnings of $2.85 to $2.92 a share on sales growth in the low double digits. Analysts are looking for earnings of $2.95 a share and sales of $3.6 billion. Shares were trading up $1.60 to $53.75.

Shares of Evergreen Solar(ESLR Quote) rose 11% after the company posted third-quarter results that were better than expected. The maker of solar power products reported a loss of $6.4 million, or 7 cents a share, on sales of $11.1 million. Analysts projected a bigger loss of 9 cents a share, with sales of $10.6 million. Year-ago losses totaled $4.6 million, or 10 cents a share, on sales of $5.6 million.

Separately, Evergreen announced a $70 million sales agreement with solar power company PowerLight. The agreement calls for Evergreen to ship at least $70 million of its photovoltaic modules to the company over the next four years. Including options, the value of the shipments could reach as high as $170 million. Shipments are expected to begin during the first half of 2006. Shares were trading up $1.07 to $10.67.