Updated from 11:21 a.m. EDTInvestors were banging the drum on Energizer Holdings ( ENR) Tuesday. Its shares were among the NYSE's winners, rising 14.3% after the battery maker's first-quarter numbers blew past estimates. The company earned $121.7 million, or $1.62 a share, on sales of $875.9 million. Analysts polled by Thomson First Call were expecting earnings of $1.38 a share on sales of $860.7 million. A year ago the company earned $115 million, or $1.32 a share, on sales of $811.7 million. Currency translation added $23.8 million to latest-quarter sales. Sales in the North American battery segment rose 4% from a year ago to $386.4 million, while international battery sales rose 9% to $261.3 million. Razors and blades sales jumped 12% to $228.2 million. Shares of Energizer traded up $6.89 to $54.99. Sara Lee ( SLE) fell 8.2% after the company warned that third-quarter results would fall short of expectations. For its second quarter, the foodmaker earned $326 million, or 41 cents a share, on sales of $5.2 billion. Analysts were expecting earnings of 38 cents a share on sales of $5.21 billion. A year ago the company earned $312 million, or 39 cents a share, on sales of $5.02 billion. Looking ahead, the company forecast third-quarter earnings of 29 cents to 34 cents a share, citing rising raw materials costs and tough sales conditions in Europe. Analysts had been expecting earnings of 36 cents a share on sales of $4.87 billion. Shares traded down $2.05 to $22.90. Shares of Kellwood ( KWD) fell 6.9% after the clothing marketer halved fourth-quarter earnings guidance, citing weak orders and rising markdowns. The company, which markets apparel under the Izod, Calvin Klein and Liz Claiborne brands, expects to earn 23 cents a share on sales of $585 million. Previously, the company expected earnings of 48 cents a share on sales of $600 million. Analysts had been expecting earnings of 48 cents a share on sales of $595.3 million. "Essentially all of the drop in sales and earnings from our earlier forecast occurred in the women's sportswear segment due to a combination of having to provide significantly more end-of-year markdown assistance for some of our brands, having to sell more units off price to liquidate seasonal inventory, and lower-than-expected spring 2005 orders," the company said. Looking ahead, the company expects 2005 sales to be flat with 2004 sales, which the company expects to be $2.55 billion. Shares traded down $2.08 to $28.12. Flagstar Bancorp ( FBC) rose 2.7% despite the banking company posting fourth-quarter earnings that fell below its forecast and below Wall Street's expectations. The company posted earnings of $28.2 million, or 44 cents a share, 7 cents below the company's previous forecast. Analysts were expecting earnings of 47 cents a share. The earnings shortfall was due to lower-than-expected gain on sale margins and decreased interest margins. Shares traded up 55 cents to $21.26.