Updated from 11:12

Shares of

BJ Services

( BJS) were among the

NYSE's

losers Tuesday, falling 7.4% after the company posted fourth-quarter earnings and sales that fell below Wall Street expectations and warned on 2005.

The oilfield services company earned 52 cents a share on sales of $694.5 million. Analysts polled by Thomson First Call were expecting earnings of 55 cents a share on sales of $713.6 million. Looking ahead, the company forecast 2005 earnings of $2.25 to $2.35 a share, which is below the $2.40 a share that analysts were expecting. BJ Services is expecting sales to grow 10% vs. 2004, which implies 2005 sales of $2.86 billion. Analysts were expecting sales of $2.95 billion. Shares traded down $3.72 to $46.53.

Scientific Games

(SGMS) - Get Report

rose 10.1% after the lottery machine and services company posted third-quarter earnings and sales above expectations. The company earned 24 cents a share on sales of $179.3 million. Analysts were expecting earnings of 21 cents a share on sales of $172.7 million. Looking ahead, Scientific Games now expects full-year earnings of 84 cents to 88 cents a share on sales of $715 million to $725 million. Previously, the company expected earnings of 78 cents to 83 cents a share on sales of $690 million to $720 million. Analysts had been expecting earnings of 86 cents a share on sales of $715.5 million. Shares traded up $2.16 to $23.46.

Shares of

Playboy Enterprises

( PLA) rose 11.1% after the company posted third-quarter earnings and sales that beat expectations. The adult entertainment company earned 6 cents a share on sales of $80.2 million. Analysts were expecting earnings of 4 cents a share on sales of $78.2 million. The quarter benefited from higher ad rates and debt reduction efforts. Shares traded up $1.22 to $12.25.

World Airways

( WLDA) rose 3.5% after the company announced that it would lease an additional passenger jet. The aircraft, which will be leased from

Delta Air Lines

(DAL) - Get Report

beginning in December, will allow the company to keep up with its current level of passenger service, after the company returns a DC-10 to its lessor. In addition to the new lease, World Airways also extended an existing lease from Delta, which was scheduled to expire in May 2005. Shares traded up 22 cents to $6.50.

Shares of

Aames Investment

(AIC) - Get Report

rose 8.9% on its first day of trading as a public company. The real estate investment trust priced 35 million shares at $8.50 apiece, raising about $298 million. On Oct. 29 the company lowered the offering price to $8.50, from its original range of $9 to $11 a share, said that it would sell 35 million shares instead of 50.5 million shares. Friedman Billings Ramsey led the underwriting syndicate. Shares traded up 76 cents to $9.26.

NYSE volume leaders included

Merck

(MRK) - Get Report

, down $1.48 to $26.80;

Lucent

( LU), up 6 cents to $3.59;

Pfizer

(PFE) - Get Report

, down 10 cents to $28.70;

Nortel Networks

( NT), up 11 cents to $3.49; and

Time Warner

(TWX)

, down 10 cents $16.28.

Nasdaq

volume leaders included

Microsoft

(MSFT) - Get Report

, up 16 cents to $28.24;

Intel

(INTC) - Get Report

, up 17 cents to $22.61;

StemCells

(STEM)

, down 17 cents to $4.11;

Sirius Satellite Radio

(SIRI) - Get Report

, up 5 cents to $3.96; and

Applied Materials

(AMAT) - Get Report

, up 26 cents to $16.25.