Shares of

Spectrum Brands

( SPC) were among the

NYSE's

losers Wednesday, falling 13% after the battery maker warned that fourth-quarter earnings would fall well short of Wall Street expectations and cut its fiscal 2006 earnings guidance.

The company expects fourth-quarter pro forma earnings of 10 cents to 15 cents a share. Analysts polled by Thomson First Call had been expecting earnings of 36 cents a share. Spectrum blamed the weak outlook on soft consumer demand across many of its product categories and higher raw material costs.

For all of fiscal 2006, the company expects pro forma earnings of $2.50 to $2.65 a share, down from previous guidance of $2.70 to $2.85 a share. Analysts had been expecting earnings of $2.65 a share. Shares were trading down $3.80 to $25.32.

Albertson's

(ABS)

fell 1% after the company posted second-quarter results that were lower than expected. The supermarket chain, which last week said it is exploring strategic alternatives to increase shareholder value, posted earnings from continuing operations of $110 million, or 30 cents a share, on sales of $10.19 billion. Analysts were expecting earnings of 34 cents a share on sales of $10.3 billion. A year ago the company earned $125 million, or 34 cents a share, on sales of $10.17 billion.

Looking ahead, Albertson's said it continues to expect 2005 earnings of $1.37 to $1.47 a share on positive comparable store sales. Analysts are expecting earnings of $1.37 a share. Shares were trading down 31 cents to $23.09.

Shares of

Tyson Foods

(TSN) - Get Report

fell 1% after the meat company trimmed its 2005 earnings guidance. The company now expects earnings of 92 cents to $1.02 a share, 3 cents lower than its previous forecast. The lower forecast reflects $10 million to $20 million in costs incurred because of Hurricane Katrina, which caused a temporary closure of processing plants and the loss of frozen product that was in storage at Mississippi and Louisiana ports. Shares were trading down 18 cents to $17.98.

Pepsi Bottling Group

( PBG) traded actively after the company reaffirmed its third-quarter earnings and said results would likely reach the high end of guidance. The bottling company expects earnings of 76 cents to 78 cents a share. Analysts are expecting earnings of 77 cents a share. For the full year, the company expects earnings of $1.82 to $1.88 a share. Analysts are expecting earnings of $1.86 a share. Pepsi Bottling expects to post third-quarter results on Sept. 27. Shares were recently trading down 22 cents to $29.06.

Shares of

Polo Ralph Lauren

(RL) - Get Report

rose modestly after the company reaffirmed its fiscal 2006 guidance. The retailer expects earnings of $2.85 to $2.92 a share on sales growth that is expected to be in the high single digits. The company also expects to improve its operating margins by 400 to 450 basis points. Analysts are expecting earnings of $2.93 a share on sales of $3.58 billion. The company reaffirmed its guidance ahead of an investor conference that it plans to attend Wednesday morning. Shares were trading up 5 cents to $48.25.

NYSE volume leaders included

Exxon Mobil

(XOM) - Get Report

, up 52 cents to $61.58;

Pfizer

(PFE) - Get Report

, up 30 cents to $26.17;

Lucent Technologies

( LU), up 3 cents to $3.09;

Hibernia

( HIB), down $1.32 to $30.08;

Nortel Networks

( NT), up 10 cents to $3.16;

Wyeth

( WYE), up 24 cents to $46.47;

Motorola

( MOT), down 10 cents to $22.31;

Valero Energy

(VLO) - Get Report

, up $2.09 to $111.50; and

Hewlett-Packard

(HPQ) - Get Report

, up 25 cents to $27.50.

Nasdaq

volume leaders included

Microsoft

(MSFT) - Get Report

, down 8 cents to $26.92;

Cisco Systems

(CSCO) - Get Report

, up 4 cents to $18.24;

Intel

(INTC) - Get Report

, down 15 cents to $25.55;

Apple Computer

(AAPL) - Get Report

, up 6 cents to $48.86;

Altera

(ALTR) - Get Report

, down $1.81 to $19.99;

Oracle

(ORCL) - Get Report

, down 12 cents to $13.44;

Applied Materials

(AMAT) - Get Report

, down 30 cents to $17.48; and

Electronics for Imaging

(EFII) - Get Report

, up $3.73 to $24.38.