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Shares of

Caterpillar

(CAT) - Get Caterpillar Inc. Report

were among the

NYSE's

losers Friday, tumbling 12% after the heavy-equipment maker announced disappointing third-quarter earnings and cut its full-year forecast.

The company earned $769 million, or $1.14 a share, on revenue of $10.52 billion. Analysts polled by Thomson First Call expected a profit of $1.35 a share on revenue of $9.87 billion. During the year-earlier period, the company earned $667 million, or 94 cents a share, on revenue of $8.98 billion.

Looking ahead, Caterpillar now sees full-year earnings of $5.05 to $5.30 a share on revenue of about $41 billion, or revenue growth of about 13%. Previously, the company forecast earnings of $5.25 to $5.50 a share and revenue growth of 12% to 15%. Analysts project earnings of $5.52 on revenue of $39.88 billion. Shares were down $8.10 to $60.92.

Terex

(TEX) - Get Terex Corporation Report

, a competitor to Caterpillar, fell in sympathy, trading down $5.29, or 10%, to $50.01.

Shares of

Agrium

(AGU)

dropped 9% after the fertilizer producer slashed its second-half earnings forecast. The company now anticipates earnings of 20 cents to 25 cents a share, down significantly from an earlier view of 65 cents to 75 cents a share. Analysts project second-half earnings of 74 cents a share. Agrium blamed the shortfall on a weaker-than-expected wholesale business. Shares were trading down $2.62 to $26.15.

Arch Coal

TheStreet Recommends

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fell 6% after the coal producer reported weaker-than-expected third-quarter results and cut its full-year earnings guidance. The company earned $50.9 million, or 35 cents a share, on revenue of $610 million. Analysts expected earnings of 40 cents a share on revenue of $671.3 million. A year earlier, the company earned $18.9 million, or 13 cents a share, on revenue of $654.7 million.

Arch Coal lowered its full-year earnings projection to $1.60 to $1.70 a share from a previous forecast of $1.87 to $2.12 a share. Analysts anticipate earnings of $1.97 a share. Arch shares were off $2.21 to $31.05.

Leggett & Platt

(LEG) - Get Leggett & Platt, Incorporated Report

fell 6% after the office furniture and fixtures company posted mixed third-quarter results and cut the top end of its full-year earnings guidance. For the third quarter, the company earned $84 million, or 45 cents a share, on revenue of $1.41 billion. Analysts predicted earnings of 44 cents a share, with revenue of $1.43 billion. During the year-earlier period, the company earned $54 million, or 28 cents a share, on revenue of $1.35 billion.

Leggett & Platt now anticipates full-year earnings of $1.55 to $1.65 a share, down from a forecast earnings of $1.55 to $1.75 a share. The company predicts revenue growth of about 4% to 5%, or revenue of $5.51 billion to $5.56 billion. Analysts project earnings of $1.66 a share and revenue of $5.6 billion. Shares of Leggett & Platt were trading down $1.46 to $23.27.

Ecolab

(ECL) - Get Ecolab Inc. Report

rose 1% after the company posted in-line third-quarter earnings on better-than-expected revenue. The company earned $110.4 million, or 43 cents a share, up from $98 million, or 38 cents a share, a year earlier. Revenue rose to $1.28 billion from $1.16 billion. Analysts anticipated earnings of 43 cents a share on revenue of $1.26 billion.

Looking ahead, Ecolab projects fourth-quarter earnings of 33 cents to 34 cents a share. Analysts forecast earnings of 34 cents a share. Ecolab shares were up 36 cents to $45.26.

Shares of

EXL Services

(EXLS) - Get ExlService Holdings, Inc. Report

vaulted 30% on their first day of trading. The outsourcing firm's initial public offering priced at $13.50 a share, above the projected range of $10 to $12. The stock recently was trading at $17.60, up $4.10.

The NYSE's volume leaders were Caterpillar,

Pfizer

(PFE) - Get Pfizer Inc. Report

, down 20 cents to $27.48;

Lucent Technologies

( LU), down 1 cent to $2.35;

Advanced Micro Devices

(AMD) - Get Advanced Micro Devices, Inc. Report

, down 47 cents to $20.54;

General Electric

(GE) - Get General Electric Company (GE) Report

, up 27 cents to $35.55;

Time Warner

(TWX)

, up 2 cents to $19.72;

AT&T

(T) - Get AT&T Inc. Report

, up 27 cents to $34.02;

Ford

(F) - Get Ford Motor Company Report

, down 7 cents to $7.96; and

Exxon Mobil

(XOM) - Get Exxon Mobil Corporation Report

, down 17 cents to $69.56.

Nasdaq

volume leaders included

SanDisk

(SNDK)

, down $12.21 to $49.52;

Intel

(INTC) - Get Intel Corporation (INTC) Report

, up 10 cents to $21.13;

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

, down 4 cents to $5.17;

Sirius Satellite Radio

(SIRI) - Get Sirius XM Holdings, Inc. Report

, down 6 cents to $3.74;

Microsoft

(MSFT) - Get Microsoft Corporation (MSFT) Report

, up 9 cents to $28.38;

Yahoo!

(YHOO)

, down 34 cents to $22.80;

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, up 1 cent to $24.17;

Broadcom

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, down $1.44 to $27.53; and

Level 3 Communications

(LVLT)

, down 11 cents to $5.69.