Shares of American Standard ( ASD) were among the NYSE's losers Tuesday, falling 17% after the plumbing and air-conditioning equipment company posted third-quarter earnings that fell short of expectations and warned that fourth-quarter earnings would miss the mark as well. The company earned $159.1 million, or 74 cents a share, on sales of $2.62 billion. On an adjusted basis, which excludes items, the company earned $162.5 million, or 75 cents a share. Analysts polled by Thomson First Call were expecting adjusted earnings of 78 cents a share on sales of $2.58 billion. A year earlier, the company earned $156 million, or 71 cents a share, on sales of $2.4 billion. On an adjusted basis, the company earned $142.8 million, or 65 cents a share, a year ago. Looking ahead, American Standard forecast fourth-quarter adjusted earnings of 44 cents to 48 cents a share, below analysts' estimate of 55 cents a share. Shares were trading down $7.48 to $36.60. Cooper Tire and Rubber ( CTB) fell 6% after the company withdrew its third-quarter earnings forecast because of a host of factors. "These factors included softer industry demand in the North American replacement tire market, which led to lower-than-anticipated sales; changes in raw-material costs; higher shipping and transportations costs; and higher energy costs," the company said. In August, Cooper predicted it would post third-quarter earnings of 10 cents to 14 cents a share, including a charge of 8 cents a share related to a strike at one of its Arkansas tire plants and a loss of 4 cents a share related to an "unusual tax rate." Analysts had been expecting earnings of 9 cents a share. Shares were trading down 81 cents to $13.74. Shares of Panera Bread ( PNRA) rose 6% after the bakery operator lifted its third-quarter earnings estimate. The company now expects to report earnings of 36 cents to 37 cents a share, up from previous guidance of 34 cents to 35 cents a share. Analysts had been expecting earnings of 35 cents a share. The company previewed third-quarter sales of $148.6 million, better than the $146.9 million that analysts were expecting. A year ago, the company posted sales of $113.8 million.