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Wednesday's Winners & Losers: P.F. Chang's

The restaurant operator's earnings top estimates. Fellow chain Panera falls after weak results.

Shares of

P.F. Chang's

(PFCB)

were among the

Nasdaq's

winners Wednesday, jumping 9% after the Chinese-restaurant operator posted better-than-expected third-quarter earnings.

The company earned $6.6 million, or 25 cents a share. Analysts polled by Thomson First Call expected earnings of 21 cents a share. Revenue totaled $231 million, in line with Wall Street's forecast. During the year-earlier period, the company earned $8.4 million, or 31 cents a share, on revenue of $203 million.

Looking ahead, P.F. Chang's forecast fourth-quarter earnings of 26 cents a share, a penny above the current average analyst estimate. Shares were trading up $3.35 to $41.35.

Fellow dining chain

Panera Bread

(PNRA)

didn't fare as well, with shares sliding 6% after its third-quarter results narrowly missed estimates.

The sandwich-shop operator earned $10.9 million, or 34 cents a share, on revenue of $205 million. Same-store sales increased 2.8%. Analysts polled by Thomson First Call expected earnings of 35 cents a share and revenue of $205.1 million. During the year-earlier quarter, Panera earned $11.8 million, or 37 cents a share, on revenue of $158.1 million.

Panera forecast fourth-quarter earnings of 67 cents to 68 cents a share and same-store sales growth of 3% to 5%. Analysts project earnings of 68 cents a share. Shares were down $4.45 to $64.25.

Elsewhere,

Yankee Candle

TheStreet Recommends

(YCC)

leaped 17% after announcing a $1.4 billion buyout by Madison Dearborn Partners. The private equity firm will pay $34.75 a share, representing a 57% premium to the stock's closing price on July 25, the last day before the company's announcement that it planned to explore strategic alternatives. Including the assumption of debt, the deal is valued at $1.7 billion. Separately, Yankee Candle reported better-than-expected third-quarter earnings and raised its full-year earnings forecast. Shares were up $4.92 to $33.64.

Shares of

Manitowoc

(MTW) - Get Manitowoc Company, Inc. Report

surged 11% after the maker of heavy-lifting equipment posted third-quarter results that were well above expectations. The company earned $50.4 million, or 80 cents a share, on revenue of $779 million. Excluding items, earnings were $51.8 million, or 82 cents a share. Analysts expected earnings of 73 cents a share on revenue of $706.9 million. During the year-earlier quarter, Manitowoc earned $17.1 million, or 28 cents a share, on revenue of $564.9 million. Excluding items, year-ago earnings were $23 million, or 38 cents a share.

Manitowoc forecast full-year adjusted earnings of $2.70 to $2.75 a share, above analysts' projection of $2.63. The company's shares were adding $5.24 to $53.49.

Shares of

Mills

(MLS)

jumped 14% after Israeli investor Gazit-Globe said it bought a 9% stake in the mall developer and it is seeking a recapitalization at the company. The proposed recapitalization would entail Mills issuing Series B stock to Gazit, which would invest up to $1.2 billion at a per-share price of $24.50. The deal would give Gazit the majority of seats on Mills' board. The REIT's shares recently traded at $19.42, up $2.41.

O'Reilly Automotive

(ORLY) - Get O'Reilly Automotive, Inc. Report

tumbled 11% after the auto-parts retailer posted third-quarter results below Wall Street's forecast. The company reported earnings of $47.9 million, or 42 cents a share. Analysts expected earnings of 43 cents a share. Revenue totaled $597.1 million, missing Wall Street's target of $611.3 million, though same-store sales increased 3.6%. A year earlier, O'Reilly posted adjusted earnings, which excludes a tax benefit, of $42.6 million, or 37 cents a share, on revenue of $542.9 million. Shares were trading down $3.77 to $31.16.

RadioShack

(RSH)

fell 8% after the consumer-electronics chain swung to a loss for its third quarter. The company posted a loss of $16 million, or 12 cents a share, reversing the year-ago profit of $109 million, or 75 cents a share. Sales dropped 11% from a year ago to $1.06 billion, as same-store sales tumbled 9.6%. The latest quarter was hit by a $29 million wireless kiosk writedown and an $18 million turnaround expense. Analysts, on average, expected a profit of 17 cents a share on sales of $1.13 billion. Shares slid $1.55 to $17.35.

NYSE

volume leaders included

Corning

(GLW) - Get Corning Inc Report

, down $1.91 to $21.23;

Ford

(F) - Get Ford Motor Company Report

, up 19 cents to $8.49;

Halliburton

(HAL) - Get Halliburton Company Report

, up $2.04 to $32.88;

Lucent Technologies

(LU)

, down 1 cent to $2.48;

Sprint Nextel

(S) - Get SentinelOne, Inc. Class A Report

, up 60 cents to $17.67;

Advanced Micro Devices

(AMD) - Get Advanced Micro Devices, Inc. Report

, up 34 cents to $20.66;

Altria Group

(MO) - Get Altria Group Inc Report

, up $1.41 to $81.23;

Constellation Energy

(CEG)

, down 76 cents to $61.80; and

Texas Instruments

(TXN) - Get Texas Instruments Incorporated Report

, up 6 cents to $30.58.

Nasdaq volume leaders included

Level 3

(LVLT)

, down 29 cents to $5.37;

Amazon.com

(AMZN) - Get Amazon.com, Inc. Report

, up $4 to $37.63;

Intel

(INTC) - Get Intel Corporation Report

, up 10 cents to $21.72;

Oracle

(ORCL) - Get Oracle Corporation Report

, down 24 cents to $18:65;

Applied Materials

(AMAT) - Get Applied Materials, Inc. Report

, up 20 cents to $17.24;

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, down 23 cents to $24.11;

Microsoft

(MSFT) - Get Microsoft Corporation Report

, up 5 cents at $28.33; and

Yahoo!

(YHOO)

, up 48 cents to $23.01.