Tuesday's Late Winners & Losers

Home Depot rises after adding to its share-buyback plan.
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Stocks mostly headed south after the close Tuesday, but

Home Depot

(HD) - Get Report

was among the most-heavily-traded names, jumping 6.5% to $40.75.

The home-improvement retailer said it will

add another $22.5 billion

to its share-repurchase program, as well as sell its wholesale distribution division, HD Supply, for $10.3 billion to a group of private equity firms -- Bain Capital Partners, the Carlyle Group and Clayton Dubilier & Rice. The deal should close in the fiscal third quarter.

IHS

(IHS)

jumped 7.2% on positive fiscal second-quarter results. The Englewood, Colo., company, which sells technical information and decision-support tools to a number of industries, reported a dime-a-share leap in adjusted earnings to 37 cents a share -- 4 cents past the consensus target, per Thomson Financial. Shares were up $3.22 to $47.80.

Filtration-products maker

Clarcor

(CLC)

also topped Wall Street views with a fiscal second-quarter profit of $20.9 million, or 41 cents a share, compared with 32 cents last year. Analysts had called for 37 cents. Shares of the Franklin, Tenn., company were recently adding 4.7% to $35.90.

On the other hand,

TurboChef Technologies

(OVEN)

shed 2.5% on word the Atlanta-based company will need to restate some results due to stock-option backdating. The company said this probably won't affect financials from 2006 or 2007 and emphasized that the investigation into these matters -- which looked into stock-option grants from 1997 through the present -- isn't yet complete. Shares of the kitchen-goods purveyor were off 32 cents to $12.42.

Darden Restaurants

(DRI) - Get Report

, which operates Red Lobster, Olive Garden and other chain restaurants, was also on the postclose losing side after it issued

disappointing results

. The Orlando, Fla., company said continuing-operations income totaled $98.5 million, or 67 cents a share. The Street had forecast 70 cents a share. Darden stock was lately down 3.5%, or $1.66, to $45.19.