Updated from 11:53 a.m. EDT

Shares of

Hillenbrand Industries

( HB) were among the

NYSE's

losers Monday, falling 13.6% after the company posted fiscal second-quarter earnings that fell below Wall Street expectations and cut its 2005 outlook.

The company, which provides services to the health care and funeral industries, posted earnings from continuing operations of $53.6 million, or 86 cents a share, on sales of $500.7 million. Analysts polled by Thomson First Call were expecting earnings of 89 cents a share on sales of $495 million. A year ago, the company earned $52.8 million, or 85 cents a share, on sales of $471.6 million.

Looking ahead, Hillenbrand now expects 2005 earnings of $3 to $3.15 a share, down from previous guidance of $3.40 to $3.50 a share. Sales are expected to come in at $1.94 billion to $1.97 billion. Analysts had been expecting earnings of $3.44 a share on sales of $1.96 billion. The company said that results would be hurt by lower pricing at its Hill-Rom unit and by higher commodity costs at both Hill-Rom and Batesville Casket. Shares traded down $7.54 to $47.85.

Swift Energy

(SFY) - Get Report

rose 12% after the company posted first-quarter results that topped forecasts. The oil and gas company earned $25.7 million, or 89 cents a share, on sales of $95.6 million. Analysts were expecting earnings of 73 cents a share on sales of $88.5 million. A year ago, the company earned $14.6 million, or 52 cents a share, on sales of $65.4 million. Sales were led by higher commodity prices and increased levels of production, the company said. Production during the first quarter rose 9% to 15.5 billion cubic feet from 14.3 billion cubic feet a year ago. Shares traded up $3.30 to $30.87.

Shares of

Jacuzzi Brands

( JJZ) rose 3.8% after the company announced the sale of its Rexair unit for $170 million. The company also said that it is exploring alternative strategies that could create additional value for its shareholders. After the sale of its Rexair unit, which is being sold to buyout firm Rhone Capital, Jacuzzi Brands will hold a 30% interest in the unit. The transaction is expected to close during the fiscal third quarter of 2005, which ends July 2. The company said the proceeds from the sale could not -- at least temporarily -- be used to pay down its bond debt. As a result, the company will have a certain amount of negative interest arbitrage and its earnings will be reduced. For that reason, the Jacuzzi Brands said it has hired Lazard Freres to explore alternative strategies that could benefit the company. Shares traded up 35 cents to $9.50.

MTR Gaming Group

(MNTG)

fell 2% after the company posted first-quarter results that fell short of expectations. The casino operator earned $2.9 million, or 10 cents a share, on sales of $77.9 million. Analysts were expecting earnings of 11 cents a share on sales of $83.6 million. A year ago, the company earned $3 million, or 11 cents a share, on sales of $75.7 million. Looking ahead, MTR forecast second-quarter earnings of $2.9 million to $3.4 million on sales of $98 million to $102 million. Assuming the company's share count remains consistent with first-quarter figures, the company would earn 10 cents to 12 cents a share. Analysts are expecting earnings of 14 cents a share on sales of $91.9 million. Shares traded down 22 cents to $10.74.

Shares of

Alcan

(AL) - Get Report

traded actively after the aluminum company posted first-quarter earnings that matched expectations. Earnings from continuing operations were $208 million, or 56 cents a share, on sales of $5.17 billion. Analysts were expecting earnings of 56 cents a share on sales of $5.15 billion. A year ago, the company posted earnings of $133 million, or 36 cents a share, on sales of $6.01 billion. Shares traded down 36 cents to $33.

NYSE volume leaders included

Lucent Technologies

( LU), up 34 cents to $2.92;

Nortel

( NT), up 23 cents to $2.61;

Corning

(GLW) - Get Report

, up 48 cents to $15.24;

Pfizer

TST Recommends

(PFE) - Get Report

, up 36 cents to $27.97;

E*Trade

(ET) - Get Report

, up 69 cents to $12.62;

Duke Energy

(DUK) - Get Report

, down 54 cents to $28.82;

Ford

(F) - Get Report

, up 19 cents to $9.95; and

Dynegy

(DYN)

, up 47 cents to $4.24.

Nasdaq

volume leaders included

Intel

(INTC) - Get Report

, up 31 cents to $24.80;

Cisco Systems

(CSCO) - Get Report

, up 19 cents to $18.21;

Microsoft

(MSFT) - Get Report

, down 11 cents to $25.11;

Ameritrade

(AMTD) - Get Report

, up $2.11 to $13.42; and

Sirius Satellite Radio

(SIRI) - Get Report

, down 2 cents to $5.36.