Wednesday's Winners & Losers: Champion

Champion Enterprises was among the NYSE's winners Wednesday, jumping 17% after the maker of manufactured homes posted better-than-expected second-quarter results.

The company earned $7.5 million, or 10 cents a share, on revenue of $330.4 million. Analysts polled by Thomson Financial expected earnings of 7 cents a share on revenue of $329 million. During the year-earlier quarter, the company earned $112.1 million, or $1.44 a share, on revenue of $370.7 million. Results included a tax benefit of $101.9 million. Shares were trading up $1.78 to $11.96.

A.O. Smith climbed 12% after the maker of electric motors posted second-quarter results that topped Wall Street's forecast. The company earned $27 million, or 87 cents a share, on revenue of $611.5 million. Analysts expected earnings of 73 cents a share on revenue of $606.8 million. During the year-earlier quarter, the company earned $25.1 million, or 81 cents a share, on revenue of $595 million.

Looking ahead, A.O. Smith now sees full-year earnings of $2.85 to $3 a share. Analysts project earnings of $2.86 a share. Shares were trading up $5.12 to $49.01.

Shares of CSX rose 5.2% after the railroad company posted better-than-expected second-quarter earnings. The company earned $324 million, or 71 cents a share, on revenue of $2.53 billion. Analysts expected earnings of 64 cents a share on revenue of $2.53 billion. During the year-earlier quarter, the company earned $390 million, or 83 cents a share, on revenue of $2.42 billion. Excluding items, the company earned 58 cents a share a year ago. Shares were trading up $2.53 to $51.05.

American Standard slid 3.2% after the maker of air conditioners and plumbing products posted second-quarter results that fell short of expectations. The company posted adjusted earnings of $218.1 million, or $1.05 a share, on revenue of $2.62 billion. Analysts expected earnings of $1.08 a share on revenue of $3.26 billion. During the year-earlier period, the company posted adjusted earnings of $189.7 million, or 92 cents a share, on revenue of $2.37 billion. Shares were trading down $2.05 to $61.29.

Shares of Canadian Pacific jumped 15% after the railway company said that it received a "highly conditional inquiry" from Brookfield Asset Management earlier this year. Canadian Pacific considered the inquiry "inadequate," and decided not to enter into discussions. "From time to time, CP receives inquiries with respect to possible acquisitions or business combinations, and has received such inquiries more frequently recently as it continues its strong financial performance," the company said. The company said that it is not currently in negotiations with any party at this time. Shares were trading up $11.01 to $85.