Shares of

Waters Corp.

(WAT) - Get Report

were among the NYSE's winners Tuesday, rising 7% after the company beat third-quarter earnings targets and lifted its guidance for the year.

Waters, a maker of analytical testing instruments, said earnings were rose 6% in the period to $53.3 million. Excluding certain charges, earnings were 62 cents a share. Analysts polled by Thomson Financial expected a profit of 60 cents a share. Waters posted sales of $352.6 million, compared with analysts' forecast of $345.2 million.

In a conference call, Waters lifted its full-year earnings target to $2.84 a share from a prior view of $2.80, according to

Reuters

. Shares of Waters were up $4.86 to $72.70.

Railroad operator

Burlington Northern

( BNI) blew past Wall Street earnings forecasts, sending shares up 5%. The company earned $530 million, or $1.48 a share, on operating revenue of $4.07 billion. Analysts, on average, projected earnings of $1.37 a share and revenue of $4.04 billion, according to Thomson Financial. Shares were climbing $3.99 to $86.99.

Avery Dennison

(AVY) - Get Report

also gained after better-than-expected earnings. The maker of labeling and retail tag materials posted earnings of $1 a share before charges, topping Wall Street's forecast of 90 cents. Revenue rose 19% to $1.68 billion, compared with analysts' estimate of $1.66 billion.

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For the year, Avery Dennison expects earnings of $3.75 to $3.85 a share, before charges. That's in line with the company's lowered forecast given in September, and also in line with analysts' target of $3.77. Shares of Avery Dennison were up $3.49, or 6.3%, to $59.15.

Nike

(NKE) - Get Report

advanced nearly 2% after the athletic-wear maker announced plans to acquire Umbro, a U.K.-based maker of soccer gear. Nike will pay about $582 million in the deal. Shares of Nike were adding $1.11 to $64.28.

Among losers,

Brinker International

(EAT) - Get Report

fell 4% after the restaurant-chain owner missed analysts' third-quarter profit estimates. The owner of the Chili's and On the Border chains said earnings slid 21% to $37.6 million, or 34 cents a share. Earnings per share from continuing operations were 35 cents, a dime below analysts' estimates. Revenue inched up 3%. Shares of Brinker were down $1.01 to $27.25.

Fellow restaurant chain

IHOP

( IHP) also missed estimates, sending shares down 4%. The pancake-house owner reported a loss of $11.6 million, or 69 cents a share, hit by a charge tied to interest swaps. Excluding the swap costs, earnings fell 10% to $10.2 million, or 60 cents a share. That was still below Wall Street's forecast of 68 cents.

IHOP said it remains comfortable with its 2007 guidance for its core business, but it won't give an earnings forecast because of its pending acquisition of

Applebee's

(APPB)

. Shares of IHOP were down $2.32 to $61.21.