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Stocks in Motion: Visteon

Stock quotes in this article: CMO , ZQK , VC , AA , EAT , INTC , LU  

Updated from 11:29 a.m. EDT

Shares of Quiksilver(ZQK Quote) were among the NYSE's winners Friday after the company posted third-quarter results that were better than expected.

The apparel maker posted a third-quarter profit of 32 cents a share on sales of $337.9 million. Analysts polled by Thomson First Call were expecting earnings of 30 cents a share on sales of $302.9 million. Looking ahead, Quiksilver reiterated its fourth-quarter expectations of 36 cents to 37 cents a share in earnings on sales of $315 million to $320 million. Analysts are looking for earnings of 37 cents a share on sales of $319.4 million. Shares of Quiksilver traded up $3.27, or 14.5%, to $25.90.

Visteon(VC Quote) fell after it warned that it would not meet second-half or full-year earnings expectations. The auto-parts supplier said that its financial performance will be "significantly below previously forecasted results" due to the effect of lower production volume at Ford(F Quote), increased fuel and steel prices, a write-down of deferred tax assets and a delay in benefits that it expected to achieve from labor strategies. As a result, Visteon withdrew its financial guidance for third-quarter and full-year earnings, sales and cash flow. Visteon traded down $1, or 11.1%, to $8. ...

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