Shares of

Nautilus

(NLS) - Get Report

were among the

NYSE's

losers Wednesday, slumping 25% after the fitness equipment company previewed fourth-quarter results that fell below estimates.

The company expects to report earnings of 7 cents to 12 cents a share and sales of $179 million to $183 million. In November, the company projected it would earn 44 cents to 48 cents a share on sales of $210 million. Analysts polled by Thomson First Call expected earnings of 46 cents a share and sales of $210.7 million. The company said it is "experiencing growing pains in ramping innovation through the manufacturing side" of its business. As a result, the company saw delays in the introduction of new products that were supposed to boost earnings and sales during the quarter.

Looking ahead, Nautilus continues to expect earnings growth of 20% to 30% and sales growth of 15% to 20% for its 2006 to 2008 strategic business plan. Shares were trading down $4.64 to $13.89.

J. Jill Group

(JILL) - Get Report

rose 2% after the women's apparel retailer lifted its fourth-quarter earnings forecast. The company now sees earnings of 12 cents to 14 cents a share, up from an earlier projection for break-even results. The company anticipates sales of $131 million, up from its previous view of $125 million to $130 million, though same-store sales are expected to fall by 3%. Analysts expected break-even earnings on sales of $126.7 million. During the year-earlier period, the company earned 13 cents a share on sales of $119.4 million. J. Jill expects to post fourth-quarter results on or about March 9. Shares were trading up 35 cents to $19.35.

Shares of

Marcus

(MCS) - Get Report

jumped 17% after the lodging and entertainment company announced a special dividend of $7 a share. "The special dividend returns to our shareholders approximately $213 million in proceeds resulting from the sale of the limited-service lodging division," the company said. "We felt it was appropriate to return some of the value we had created in this business to our long-term shareholders, and to provide them with added liquidity for their investment," the company continued.

Marcus said the special dividend will be payable Feb. 24 to shareholders of record on Feb. 3. The company also boosted its quarterly dividend rate to 7.5 cents a share from 5.5 cents a share. The increased dividend will be payable Feb. 23 to shareholders of record on Feb. 3. Shares were trading up $3.59 to $25.

Earle M. Jorgensen

( JOR) vaulted 24% after the steel distributor agreed to be acquired by

Reliance Steel & Aluminum

(RS) - Get Report

for about $643 million in cash and stock. The deal equals $13 a share, representing a premium of almost 25% over Jorgensen's closing price of $10.43 on Tuesday. Shareholders will receive half of their payment in cash and the other half in stock. Reliance also will assume $291 million in debt, bringing the total value of the deal to $934 million. The acquisition is expected to close during the second quarter. Jorgensen shares recently were trading up $2.52 to $12.95; shares of Reliance Steel rose $2.26 to $68.01.

Shares of

Applied Industrial Technologies

(AIT) - Get Report

rose 5% after the industrial products maker announced a repurchase plan of 1 million shares. The new buyback plan replaces the company's previous plan and represents about 3% of the company's outstanding shares. The company also declared a 15-cent dividend, payable Feb. 28 to shareholders of record on Feb. 15. Shares were trading up $1.99 to $40.28.

NYSE volume leaders included

Lucent Technologies

( LU), down 4 cents to $2.51;

Advanced Micro Devices

(AMD) - Get Report

, up 88 cents to $33.74;

Tyco

(TYC)

, up 10 cents to $26.30;

Pfizer

(PFE) - Get Report

, down 27 cents to $24.01;

Nortel Networks

( NT), down 10 cents to $3.04;

Qwest

(Q)

, up 9 cents to $5.84;

J.P. Morgan

(JPM) - Get Report

, down 45 cents to $39.26; and

Texas Instruments

(TXN) - Get Report

, down 64 cents to $31.60.

Nasdaq

volume leaders included

Intel

(INTC) - Get Report

, down $2.90 to $22.62;

Yahoo!

(YHOO)

, down $4.43 to $35.68;

Ivanhoe Energy

(IVAN)

, up 46 cents to $2.84;

Cisco Systems

(CSCO) - Get Report

, down 16 cents to $18.52;

Applied Materials

(AMAT) - Get Report

, up 25 cents to $20.01;

Microsoft

(MSFT) - Get Report

, down 11 cents to $26.88;

Sun Microsystems

(SUNW) - Get Report

, down 2 cents to $4.59;

Sirius Satellite Radio

(SIRI) - Get Report

, down 9 cents to $6.11;

JDSU

(JDSU)

, down 5 cents to $2.81; and

Oracle

(ORCL) - Get Report

, down 13 cents to $12.31.