Updated from 11:24 a.m. EDT

Shares of

Choice Hotels International

(CHH) - Get Report

were among the

NYSE's

losers Friday, falling 16.4% after the company posted third-quarter earnings that fell below expectations.

Excluding items, the hotel operator earned 74 cents a share on sales of $127.5 million. A year ago it earned 64 cents a share on sales of $105.9 million. Analysts polled by Thomson First Call were expecting earnings of 77 cents a share in the most recent period. Looking ahead, the company forecast fourth-quarter earnings of 53 cents to 55 cents a share, which is in line with expectations. Shares traded down $9.79 to $49.90.

Viad

(VVI) - Get Report

fell 5.6% after the company posted solid third-quarter results but warned that fourth-quarter losses would be wider than expected. Excluding items, the travel and recreation services company earned 57 cents a share on sales of $218.6 million. Analysts were expecting earnings of 50 cents a share. Looking ahead, the company forecast a fourth-quarter loss of 25 cents to 31 cents a share. Analysts had been expecting a loss of 12 cents a share. Sales, meanwhile, are expected to decline by a mid- to high-single-digit rate. Viad said that uncharacteristic weakness in its Exhibitgroup segment would hamper its fourth-quarter sales results. Shares traded down $1.28 to $21.53.

Shares of

SPX

(SPW)

rose 1.8% after the company said it would sell its Bomag unit to Fayat Group for about $446 million in cash. Fayat, a Bordeaux, France-based company, said the acquisition of Bomag will advance its position as a major player in the global asphalt road-building industry. SPX will use the proceeds from the transaction, which is expected to close in the fourth quarter, to pay down debt. Shares of SPX traded up 69 cents to $38.35.

Archer Daniels

(ADM) - Get Report

rose 8.8% after the company posted strong third-quarter operating results. The agricultural services company earned 41 cents a share on sales of $8.97 billion. Analysts were expecting earnings of 27 cents a share on sales of $8.32 billion. The company said that reduced prices for grain and oilseeds contributed to the company's solid financial results. Shares traded up $1.56 to $19.37.

Shares of

Cooper Cameron

(CAM)

fell 1.1% after the company posted third-quarter earnings that beat expectations but warned that fourth-quarter earnings results would fall short of expectations. Excluding items, the company earned 60 cents a share during the third-quarter on sales of $538.5 million. Analysts were expecting earnings of 53 cents a share on sales of $517.6 million. Looking ahead, Cooper Cameron forecast fourth-quarter earnings of 50 cents to 54 cents a share. Analysts had been expecting 57 cents a share. Shares traded down 56 cents to $48.35.

NYSE volume leaders included

Lucent

( LU), down 3 cents to $3.55;

Avon Products

(AVP) - Get Report

, down $3.66 to $39.55;

Pfizer

(PFE) - Get Report

, up 24 cents to $28.95;

General Electric

(GE) - Get Report

, up 9 cents to $34.12; and

Merck

(MRK) - Get Report

, down 26 cents to $31.31.

Nasdaq

volume leaders included

Microsoft

(MSFT) - Get Report

, down 4 cents to $27.97;

Cisco

(CSCO) - Get Report

, up 26 cents to $19.21;

Intel

(INTC) - Get Report

, down 1 cent to $22.26;

Sirius Satellite Radio

(SIRI) - Get Report

, down 3 cents to $3.90; and

Oracle

(ORCL) - Get Report

, down 8 cents to $12.66.