Updated from 11:40 a.m. EDT

Shares of

Diebold

(DBD) - Get Report

were among the

NYSE's

losers Thursday, falling 10.8% after the maker of automated teller machines cut its second-quarter earnings outlook.

The company now expects adjusted earnings of 54 cents to 57 cents a share, down from previous guidance of 60 cents to 66 cents a share, which included a restructuring charge of 1 cent to 2 cents a share. Analysts polled by Thomson First Call had been expecting adjusted earnings of 64 cents a share. The company blamed reduced guidance on weaker-than-expected North American demand and on a proportionately higher mix of sales from its international operations and election systems businesses, which have lower margins. Negative foreign currency translation hurt results as well.

Looking ahead, Diebold now expects 2005 earnings of $2.60 to $2.70 a share, down from previous guidance of $2.80 to $2.93 a share, which included restructuring charges of 9 cents to 12 cents a share. Analysts had been expecting earnings of $2.97 a share. Shares traded down $5.44 to $45.11.

Exide Technologies

(XIDE)

rose 4.3% after the battery maker amended its credit agreement and received a waiver related to a going-concern qualification that its auditor included in the company's annual report. The going-concern opinion caused the company to default on its borrowing agreement and prevented the company from borrowing funds under the credit agreement. "We appreciate the rapid action by our bank group in addressing this issue so the company can once again focus on running the business and meeting the expectations of our shareholders and customers," the company said. Shares traded up 20 cents to $4.85.

Shares of

Brookstone

( BKST) fell 6.1% after the specialty retailer posted a big drop in same-store sales and warned that it would post a wider-than-expected loss during the second quarter. For the eight weeks ended June 25, the company posted a 10.8% decline in same-store sales. A year ago, the company reported a 14.5% increase. As a result of the weak numbers, the company now expects to report a same-store sales decline of 10% to 11% during the second quarter. Excluding items, the company expects to post a loss of 20 cents to 22 cents a share during the second quarter. Analysts had been expecting a smaller loss of 9 cents a share. Brookstone also announced a plan to sell its Gardeners Eden business, which had total sales of $16 million and an operating loss before taxes of $3.6 million during fiscal 2004. Brookstone said the divestiture would be accretive to earnings going forward. Shares traded down $1.22 to $18.88.

McCormick & Co.

(MKC) - Get Report

fell 2% after the spice maker posted second-quarter earnings that beat expectations by a penny but warned that third-quarter earnings would be below forecasts. The company earned $42.8 million, or 31 cents a share, on sales of $628.6 million. Analysts were expecting earnings of 30 cents a share on sales of $628.7 million. A year ago, the company earned $42.9 million, or 30 cents a share, on sales of $596.2 million. Looking ahead, McCormick forecast third-quarter earnings of 36 cents to 37 cents a share, below analysts' expectations of 39 cents a share. The company's guidance is based on a less favorable foreign exchange outlook and a moderation in projected growth for its industrial business. For the full year, the company now expects earnings of $1.66 to $1.70 a share, down from its previous guidance of $1.70 to $1.74 a share. Analysts had been expecting earnings of $1.71 a share. Shares traded down 65 cents to $32.65.

Shares of

World Wrestling Entertainment

(WWE) - Get Report

rose 9.1% after the company posted fourth-quarter earnings that topped forecasts and provided a fiscal 2006 outlook that pleased investors. The company earned $16.1 million, or 23 cents a share, on sales of $118.3 million. Analysts were expecting earnings of 19 cents a share on sales of $108.4 million. A year ago, the company earned $19.7 million, or 28 cents a share, on sales of $126.7 million. Looking ahead, World Wrestling forecast fiscal 2006 earnings from continuing operations of $31 million to $34 million, or 44 cents to 48 cents a share, on sales of $355 million to $370 million. Analysts are expecting earnings of 44 cents a share on sales of $350.1 million. Shares traded up 94 cents to $11.30.

ConAgra Foods

(CAG) - Get Report

rose 0.3% after the company posted fourth-quarter earnings that matched forecasts. The food producer earned $101.9 million, or 20 cents a share, on sales of $3.71 billion. Excluding items, the company would have earned 26 cents a share. Analysts were expecting earnings of 26 cents a share on sales of $3.83 billion. A year ago, the company earned $169.3 million, or 32 cents a share, on sales of $3.84 billion. After gains and charges, the company would have earned 38 cents a share a year ago.

Looking ahead, ConAgra believes that first-quarter earnings will be lower than first-quarter results in fiscal 2005. "Any EPS growth for fiscal 2006," the company said, "is expected to be more likely in the second half of the year." A year ago the company earned 28 cents a share. Analysts are expecting first-quarter earnings of 25 cents a share. Shares traded up 6 cents to $23.16.

Shares of

MSC Industrial Direct

(MSM) - Get Report

rose 9.8% after the company posted third-quarter earnings that topped expectations. The industrial supplies and tools company earned $30.7 million, or 44 cents a share, on sales of $288.5 million. Analysts were expecting earnings of 43 cents a share on sales of $288.5 million. A year ago, the company earned $23.9 million, or 34 cents a share, on sales of $255.3 million. Looking ahead, MSC forecast fourth-quarter earnings of 39 cents to 41 cents a share on sales of $274 million to $279 million. Analysts are expecting earnings of 39 cents a share on sales of $274.6 million. Shares traded up $3.02 to $33.75.

NYSE volume leaders included

MBNA

( KRB), up $5.09 to $26.16;

Bank of America

(BAC) - Get Report

, down $1.30 to $45.61;

Pfizer

(PFE) - Get Report

, down 26 cents to $27.58;

Lucent Technologies

( LU), down 13 cents to $2.91;

General Electric

(GE) - Get Report

, down 35 cents to $34.65;

Boeing

(BA) - Get Report

, up $4.33 to $66; and

3M

(MMM) - Get Report

, down $3.74 to $72.30.

Nasdaq

volume leaders included

Microsoft

(MSFT) - Get Report

, down 25 cents to $24.84;

Oracle

(ORCL) - Get Report

, down 37 cents to $13.20;

Sirius Satellite Radio

(SIRI) - Get Report

, down 10 cents to $6.48;

Sun Microsystems

(SUNW) - Get Report

, down 6 cents to $3.73;

Cisco Systems

(CSCO) - Get Report

, down 28 cents to $19.08; and

Intel

(INTC) - Get Report

, down 23 cents to $26.02.