Thursday's Winners & Losers: Winnebago

Shares of PHH(PHH Quote) were among the NYSE's winners Thursday, jumping 12% after the provider of mortgage and vehicle fleet management services agreed to be acquired by General Electric (GE Quote) for $1.8 billion in cash.

The deal is valued at $31.50 a share, representing a 13.3% premium over PHH's closing price of $27.81 on Wednesday. As part of the agreement, GE will sell PHH's mortgage operations to an affiliate of the Blackstone Group. Financial details of that transaction were not disclosed. Shares of PHH were trading up $3.20 to $31.01.

Shares of Winnebago Industries(WGO Quote) rose 11% after the maker of recreational vehicles posted higher-than-anticipated second-quarter results. For the period ended Feb. 24, the company earned $7.5 million, or 24 cents a share, with revenue of $199 million. Wall Street projected earnings of 23 cents a share and revenue of $196.8 million. A year earlier, Winnebago earned $7.7 million, or 23 cents a share, on revenue of $206.4 million. Shares were up $3.23 to $33.79.

Pep Boys(PBY Quote) jumped 15% after the auto-parts retailer's fourth-quarter results came in much better than expected. For the quarter ended Feb. 3, the company reported adjusted earnings of $8.1 million, or 15 cents a share, on revenue of $586.1 million. Analysts polled by Thomson First Call expected a loss of 12 cents a share on revenue of $554.2 million. In the year-earlier quarter, the company posted a loss of $22.9 million, or 42 cents a share, on revenue of $550.5 million. Shares were climbing $2.35 to $17.60.