Today's Winners and Losers: Visteon

Shares of Timberland(TBL Quote) were among the NYSE's losers Tuesday, sliding 10% after the shoe company posted mixed first-quarter results and offered a cautious outlook.

The company earned $29.2 million, or 45 cents a share, on revenue of $349.8 million. Analysts polled by Thomson First Call expected earnings of 45 cents a share and revenue of $352.3 million. During the year-earlier quarter, the company earned $42.2 million, or 61 cents a share, on revenue of $354.2 million.

Timberland, citing new European Commission duties on footwear imported from China and Vietnam, said it now expects 2006 revenue growth to be "flat to modest," with a 20% to 25% profit decline from earnings of $2.35 a share last year. The company previously forecast mid-single-digit revenue growth and "moderate declines" in comparable EPS. For the second quarter, Timberland expects revenue to fall by the mid single-digits percentage and sees an operating loss of $20 million to $25 million. Shares were trading down $3.02 to $31.54. ...