Today's Early Winners and Losers

Shares of Universal Forest Products(UFPI) climbed in after-hours trading Monday after the building materials company beat Wall Street's first-quarter earnings expectations.

The company earned $15.9 million, or 82 cents a share, compared with $9.2 million, or 49 cents a share, a year ago. Analysts surveyed by Thomson First Call were expecting the company to post earnings of 63 cents a share. Revenue rose 24% to $665.6 million, surpassing Wall Street's expectation of $573 million. In light of the first-quarter results, Universal Forest Products raised its full-year earnings growth target to 15% to 20% from 10% to 15%. The company reaffirmed its unit sales projection for 10% to 15% growth in 2006. Shares rose $4.30, or 6.7%, to $68.25 in after-hours trading.

Shares of Russell(RML) surged on news that Warren Buffett's Berkshire Hathaway(BRKA) agreed to buy the athletic apparel maker for $18 a share. The price represents a 35% premium to Monday's closing price of $13.30. Russell said the all-cash deal will strengthen its finances and should close in the third quarter. Shares advanced $4.70, or 35%, to $18 in late trading.

Source Interlink(SORC) shares were hit after the media distributor posted weaker-than-expected fourth-quarter results. Excluding various items, the company earned $10 million, or 19 cents a share, down from $6 million, or 24 cents a share, a year earlier. Revenue for the quarter ended Jan. 31 jumped to $473.4 million from $96.8 million, aided by contributions from acquisitions. Analysts were looking for a 29-cent profit on sales of $537 million. Net income, meanwhile, fell to $2.5 million, or 5 cents a share, from $3.1 million, or 12 cents a share, a year earlier. Source Interlink attributed the lower-than-anticipated results to the hurricanes, high fuel prices and the bankruptcy of a large retail customer. Shares dropped 66 cents, or 6.2%, to $10 after hours.