Wednesday's Winners & Losers: Ladish

Updated from 11:44 a.m EDT

Ladish(LDSH Quote) was among the Nasdaq's winners Wednesday, soaring 20.7% after beating Wall Street's earnings estimates after the bell Tuesday.

Ladish, which makes forged and cast-metal components for the aerospace industry, earned $10.8 million, or 74 cents per share, in the second quarter, compared with $8.5 million, or 60 cents a share, in the year-ago period. Net sales increased 26% to $113.6 million. Analysts polled by Thomson Financial expected earnings of 66 cents a share on sales of $109.7 million. Shares closed up $8.49 to $49.45.

Eagle Bulk Shipping(EGLE Quote) jumped 15.5%, after agreeing to a $1.1 billion deal to acquire a fleet of 26 ships from a private Greek company. The acquisition more than doubles Eagle's fleet size. Contracted revenue from $1.2 billion in fleet charters gives Eagle confidence it can sustain a 50 cent per share quarterly dividend over the long term, the company said. Shares advanced $3.62 to $27.01. ...