Updated from 12:37 p.m. EDTShares of Huttig Building Products ( HBP) were among the NYSE's winners Friday, after the company reported strong second-quarter earnings and upped its full-year forecast. The St. Louis-based company reported a profit of 34 cents a share on sales of $277.8 million. A year ago it earned 8 cents a share on sales of $225.4 million. New residential construction, strong home repair and remodeling activity, and higher commodity wood and steel prices contributed to the strong quarterly results. Looking ahead, Huttig raised full-year guidance and now expects to earn 90 cents to $1 a share on sales of more than $1 billion. A year ago it earned 17 cents a share on sales of $909.3 million. Shares of Huttig Building Products traded up $1.39, or 18.7%, to $8.83. Smart & Final ( SMF) rose after it reported better-than-expected second-quarter earnings and sales. It earned 26 cents a share vs. a profit of 15 cents a share a year ago. Sales, meanwhile, came in at $457.8 million, a 16.6% increase vs. a year ago. Analysts polled by Thomson First Call had expected the company to earn 20 cents a share on sales of $418.2 million. Shares of Smart & Final traded up 75 cents, or 5.8%, to $13.63. Shares of Outback Steakhouse ( OSI) fell after the company warned that second-quarter earnings would fall 10% short of analysts' expectations. Outback said that growth in store volumes was below expectations and below first-quarter trends. As such, the company said that analysts' earnings expectations "have not sufficiently factored in lower than expected same-store sales growth and higher commodity costs, particularly high produce and diary costs." Analysts had expected Outback to post earnings of 63 cents a share on sales of $837.6 million. Shares of Outback Steakhouse traded down $2.44, or 5.8%, to $39.95.
Hasbro ( HAS) fell after it reported weaker-than-expected second-quarter earnings and sales. The toymaker reported a profit of 6 cents a share on sales of $516.4 million. Analysts had expected it to earn 8 cents a share on sales of $595.9 million. Despite a revenue decline in its Beyblade product, Hasbro said it continues to believe it is on track to grow revenue and increase earnings this year. Shares of Hasbro traded down 4 cents, or 0.2%, to $17.96. Shares of Six Flags ( PKS) fell after the amusement park operator said that first-half revenue would fall below expectations. Inclement weather in the Northeast coupled with a sharp attendance drop in the latter part of June led it to warn Wall Street of the shortfall. It now expects to report first-half revenue of $400 million to $402 million, which is far below the $425 million that analysts had expected. Shares of Six Flags traded down $1.60, or 25.3%, to $4.72. NYSE volume leaders included Pfizer ( PFE), down 20 cents to $32.38; Motorola ( MOT), down 78 cents to $15.80; Freescale Semiconductor ( FSL), up $1.02 to $14.02; General Electric ( GE), down 28 cents to $33.09; Johnson & Johnson ( JNJ), up $1.45 to $56.80; and Lucent ( LU), down 7 cents to $3.34. Nasdaq volume leaders included Oracle ( ORCL), down 50 cents to $10.22; Intel ( INTC), down 42 cents to $22.73; Microsoft ( MSFT), down 39 cents to $27.48; Cisco ( CSCO), down 60 cents to $21.53; and Sirius Satellite Radio ( SIRI), down 14 cents to $2.47.