Shares of

Getty Images

( GYI) were among the

NYSE's

losers Friday, falling 8% after the supplier of stock photographs and images posted mixed fourth-quarter results and issued a softer-than-expected first-quarter guidance.

The company earned $42.5 million, or 64 cents a share, on sales of $185.8 million, for the fourth quarter. Analysts polled by Thomson First Call expected earnings of 60 cents a share and higher sales of $188.3 million. During the year-earlier period, the company earned $28.7 million, or 46 cents a share, on sales of $162.1 million.

For the first quarter, Getty sees earnings of 62 cents to 66 cents a share and sales of $196 million to $201 million. The forecast excludes stock-based compensation costs of 4 cents a share. Analysts are projecting earnings of 68 cents a share and sales of $203.4 million. For all of 2006, the company predicts earnings of $2.70 to $2.85 a share, in line with analysts' projection of $2.76. The company expects full-year sales of $820 million to $840 million, compared with Wall Street's forecast of $834.2 million. Shares were trading down $7.37 to $82.48.

Columbia Sportswear

(COLM) - Get Report

rose 6% after the outdoor apparel maker posted fourth-quarter results that topped expectations and announced the acquisition of footwear maker Montrail. The company earned $36.6 million, or 97 cents a share, on sales of $314.1 million. Analysts expected earnings of 83 cents a share and sales of $305.1 million. During the year-earlier quarter, the company earned $39.4 million, or 97 cents a share, on sales of $301.8 million.

Looking ahead, Columbia sees first-quarter earnings falling by 25% from a year ago, while sales are projected to rise by 1%. The forecast doesn't include results from Montrail, which Columbia bought for $15 million in cash. Columbia said the Montrail acquisition is expected to be neutral to first-quarter earnings and slightly dilutive for the entire year. Shares of Columbia Sportswear recently were trading up $2.82 to $51.60.

Shares of

Openwave Systems

( OPWV) climbed 11% after the software company reported better-than-expected second-quarter earnings. For the quarter ended Dec. 31, the company earned $8.4 million, or 11 cents a share. Excluding items, the company earned $19.3 million, or 22 cents a share, beating analysts' expectation of 19 cents a share. Sales were $104.5 million, matching Wall Street's projection. For the year-earlier period, the company reported earnings, before items, of $5.8 million, or 8 cents a share, on sales of $93.5 million.

Looking ahead, Openwave sees third-quarter earnings of 18 cents to 20 cents a share, before items, on sales of $110 million to $113 million. Analysts are projecting earnings of 19 cents a share and sales of $110.8 million. Shares were up $2.01 to $20.55.

Shares of

DeVry

(DV)

jumped 13% after the higher education company turned in second-quarter results that beat Wall Street's projection. For the quarter ended Dec. 31, DeVry's earnings more than doubled to $10.8 million, or 15 cents a share, from $4.7 million, or 7 cents as hare, a year earlier. Revenue rose to $209.9 million from $194.5 million. Analysts targeted earnings of 5 cents a share and revenue of $202.5 million. DeVry shares gained $2.67 to $23.43 in recent trading.

Procter & Gamble

(PG) - Get Report

rose about 1% after the consumer products giant posted second-quarter results that topped forecasts. The company earned $2.55 billion, or 72 cents a share, on sales of $18.34 billion. The results included about 6 cents to 7 cents a share in costs from the company's acquisition of Gillette. The dilution estimate, the company said, includes 3 cents a share in one-time charges. Analysts expected earnings of 69 cents a share on sales of $18.23 billion. During the year-earlier quarter, the company earned $1.98 billion, or 72 cents a share, on sales of $14.5 billion.

P&G expects third-quarter earnings of 58 cents to 61 cents a share. The Gillette acquisition is expected to reduce earnings by 7 cents to 10 cents a share, including 2 cents to 3 cents a share in one-time charges. Analysts are projecting earnings of 60 cents a share. Shares were trading up 67 cents to $59.49.

Eastman Chemical

(EMN) - Get Report

shares declined 5% after the company's fourth-quarter results missed analyst expectations. The chemical company earned $66 million, or 81 cents a share, including a $10 million charge for impairments and restructuring. Excluding items, earnings were 90 cents a share, well below analysts' projection of $1.14. Sales rose to $1.73 billion from $1.66 billion. Analysts expected a top line of $1.77 billion.

Eastman said it believes analysts' current projected first-quarter earnings range of $1.29 to $1.54 a share is reasonable, but it expects earnings to be at the low end of that forecast. According to First Call, analysts' average estimate is for first-quarter earnings of $1.44 a share. Eastman shares were down $2.79 to $49.53.

NYSE volume leaders included

Pfizer

(PFE) - Get Report

, up 59 cents to $25.64;

Lucent Technologies

( LU), up 3 cents to $2.65;

Boston Scientific

(BSX) - Get Report

, down $1.17 to $21.98;

General Electric

(GE) - Get Report

, down 22 cents to $32.80;

Halliburton

(HAL) - Get Report

, up $3.90 to $79.05;

Ford

(F) - Get Report

, down 7 cents to $8.60; and

Exxon Mobil

(XOM) - Get Report

, up 93 cents to $60.88.

Nasdaq

volume leaders included

Microsoft

(MSFT) - Get Report

, up 91 cents to $27.41;

Sirius Satellite Radio

(SIRI) - Get Report

, up 3 cents to $5.85;

Intel

(INTC) - Get Report

, up 32 cents to $21.81;

Broadcom

(BRCM)

, up $12.12 to $70.84;

JDSU

(JDSU)

, up 6 cents to $3.21;

Cisco Systems

(CSCO) - Get Report

, up 32 cents to $18.90;

SanDisk

(SNDK)

, down $5.43 to $65.25;

Oracle

(ORCL) - Get Report

, up 2 cents to $12.46;

Apple Computer

(AAPL) - Get Report

, down 22 cents to $72.11;

Applied Materials

(AMAT) - Get Report

, up 9 cents to $19.82;

Sun Microsystems

(SUNW) - Get Report

, down 5 cents to $4.34;

Juniper Networks

(JNPR) - Get Report

, up 19 cents to $17.25; and

Conexant Systems

(CNXT) - Get Report

, down 9 cents to $3.40.