were among the
losers Friday, plunging 16% after the chemicals company posted third-quarter results that missed expectations by a wide margin.
Georgia Gulf earned $22.7 million, or 66 cents a share, on revenue of $576.3 million. Analysts polled by Thomson First Call expected earnings of $1.06 a share and revenue of $612.3 million. During the year-earlier quarter, the company earned $27.9 million, or 82 cents a share, on revenue of $525.2 million.
"The decline in earnings is primarily a result of higher average raw materials costs, which more than offset higher overall sales prices and lower natural gas costs," the company said. Shares were trading down $4.32 to $22.60.
W-H Energy Services
( WHQ) rose 10% after the oil field services company posted better-than-expected third-quarter results and projected fourth-quarter earnings above expectations. For the third quarter, the company earned $31.5 million, or $1.02 a share, on revenue of $238.9 million. Analysts expected earnings of 89 cents a share and revenue of $225.9 million. During the year-earlier period, the company earned $12.8 million, or 44 cents a share, on revenue of $161.3 million.
W-H Energy forecast fourth-quarter earnings of $1 to $1.05 a share, ahead of the 94 cents that analysts project. Shares were adding $4.43 to $48.40.
fell 4% after the industrial-equipment maker posted disappointing third-quarter results and gave a weaker-than-expected forecast for the fourth quarter. The company earned $243.8 million, or 76 cents a share, down from $254.2 million, or 75 cents a share, a year earlier. Excluding a tax charge, the company earned 85 cents a share, a penny below the mean analyst estimate. Revenue rose to $2.77 billion from $2.62 billion a year earlier, but fell short of Wall Street's forecast of $2.85 billion.
Looking ahead, Ingersoll-Rand sees fourth-quarter earnings from continuing operations of 74 cents to 79 cents a share. Analysts project earnings of 92 cents a share. Shares were trading down $1.64 to $37.26.
fell 6% after the insurance company posted third-quarter results that were below Wall Street's projections. The company posted operating earnings of $307 million, or 66 cents a share, on revenue of $2.8 billion. Analysts expected earnings of 70 cents a share and revenue of $2.81 billion. During the year-earlier period, Genworth earned $311 million, or 65 cents a share, on revenue of $2.63 billion.
Genworth continues to project full-year earnings of $2.75 to $2.85 a share. Analysts, on average, forecast earnings of $2.86 a share. Shares were down $2.05 to $34.19.
( AGP) climbed 12% after beating third-quarter estimates and raising its forecast for the year. Amerigroup swung to a profit of $25 million, or 46 cents a share, from a year-ago loss of $2 million, or 4 cents a share. Revenue rose to $709 million from $587 million a year earlier. Analysts anticipated earnings of 32 cents a share on revenue of $719 million.
For the full year, Amerigroup boosted earnings projection to $1.79 to $1.81 a share from the previous $1.63 to $1.68 range. Shares were up $4.02 to $36.84.
fell 4% after the chemical company's third-quarter earnings missed expectations. The company reported a loss of $83.3 million, or 36 cents a share, on revenue of $2.69 billion. Excluding items, Huntsman earned $87.3 million, or 37 cents a share. Analysts expected earnings of 46 cents a share. During the year-earlier quarter, Huntsman posted adjusted earnings of $89.7 million, or 38 cents a share, and revenue of $2.59 billion. Shares were trading down 76 cents to $17.47.
NYSE volume leaders included
, up 14 cents to $27.42;
, down 7 cents to $7.39;
, up 14 cents to $19.04;
, down 34 cents to $35.25;
, down 27 cents to $20.94;
Advanced Micro Devices
, up 6 cents to $21.56;
, down $3.22 to $54.96;
, up 77 cents to $32.82; and
, down 11 cents to $8.37.
volume leaders included
, up 20 cents to $5.56;
, up 26 cents to $28.61;
Sirius Satellite Radio
, up 7 cents to $3.91;
, down 22 cents to $21.55;
, down 56 cents to $18.16;
, down 11 cents to $1.91;
( RHAT), up 24 cents to $15.07;
, up 23 cents to $25.51;
, up 10 cents to $2.22; and
, down 12 cents to $24.07.