Stocks in Motion: Lufkin

Shares rally on raised guidance.
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Shares of

Lufkin Industries

(LUFK)

were among the

Nasdaq's

winners Friday, rising 18% after the company raised its second-quarter earnings guidance.

The provider of oil field pumping units now expects earnings of 68 cents to 72 cents a share. Previously, the company expected earnings of 45 cents to 55 cents a share. One analyst polled by Thomson First Call had been expecting earnings of 48 cents a share. Lufkin, which expects to post full results on July 20, did not offer a reason for the upbeat outlook. Shares were trading up $6.49 to $42.50.

ScanSource

(SCSC) - Get Report

rose 8% after the company previewed fourth-quarter sales that were above Wall Street expectations. When the company posts its results on Aug. 18, it expects to report sales of $376 million to $383 million. Analysts had been expecting sales of $375.9 million. Previously, ScanSource said its sales could range from $365 million to $385 million. A year ago, the company posted sales of $333.1 million. The bar-code scanner company was recently trading up $3.73 to $48.20.

Shares of

Laidlaw International

(LI)

fell 3% after the company posted third-quarter earnings that fell short of expectations. The transportation company posted earnings from operations of $30.4 million, or 30 cents a share, on sales of $836.1 million. Analysts were expecting earnings of 36 cents a share on sales of $821.7 million. A year ago, the company earned $32 million, or 31 cents a share, on sales of $838.1 million. Shares were trading down 74 cents to $23.85.

Dollar Tree

(DLTR) - Get Report

rose 2% after the company reaffirmed its second-quarter sales outlook. The discount retailer continues to expect sales of $755 million to $770 million. Analysts are expecting earnings of 25 cents a share on sales of $761 million. Dollar Tree, which did not provide earnings guidance, in May forecast second-quarter earnings of 25 cents to 27 cents a share. Shares were trading up 48 cents to $24.35.

Shares of

Exide Technologies

(XIDE)

fell 3% after the company said that the

Securities and Exchange Commission

is informally probing the battery maker. The SEC is looking at the company's "prior statements that it expected to be able to comply with its fiscal 2005 loan covenants and the going concern qualification in the audit report included in the company's form 10-K filed in June 2005," the company said. The SEC, according to Exide, said the inquiry should not be construed that any violations of law have occurred. Meanwhile, the company intends to cooperate fully with the inquiry. Shares were trading down 13 cents to $5.02.

NYSE

volume leaders included

General Electric

(GE) - Get Report

, up 66 cents to $34.84;

MBNA

(KRB)

, up 9 cents to $25.59;

Pfizer

(PFE) - Get Report

, down 15 cents to $26.60;

Lucent Technologies

(LU)

, up 3 cents to $2.92;

IBM

(IBM) - Get Report

, up $1.76 to $79.14;

Accenture

(ACN) - Get Report

, up $1.86 to $24.06;

Alcoa

(AA) - Get Report

, up $1.01 to $27.10;

Exxon Mobil

(XOM) - Get Report

, up 43 cents to $59.95; and

Bank of America

(BAC) - Get Report

, up 14 cents to $44.82.

Nasdaq volume leaders included

Sirius Satellite Radio

(SIRI) - Get Report

, up 22 cents to $6.86;

Intel

(INTC) - Get Report

, up 41 cents to $26.97;

Cisco Systems

(CSCO) - Get Report

, up 13 cents to $18.97;

Microsoft

(MSFT) - Get Report

, up 7 cents to $24.72;

Sun Microsystems

(SUNW) - Get Report

, up 1 cent to $3.61;

Oracle

(ORCL) - Get Report

, up 17 cents to $13.46; and

Siebel Systems

(SEBL)

, down 15 cents to $8.64.