Shares of Checkpoint Systems ( CKP) were among the NYSE's losers Friday, falling 6% after the maker of retail-surveillance systems posted better-than-expected fourth-quarter earnings but issued a first-quarter guidance that disappointed investors.

The company earned $12.4 million, or 31 cents a share, on revenue of $193.4 million. Excluding items, the company earned $15.3 million, or 38 cents a share. Analysts polled by Thomson First Call expected earnings of 36 cents a share. During the year-earlier period, the company recorded a loss of $29.3 million, or 74 cents a share, on revenue of $189 million. Excluding items, the company earned $11.8 million, or 30 cents a share, during the year-earlier quarter.

Looking ahead, Checkpoint sees full-year earnings of $1.40 to $1.50 a share, including stock-based compensation costs of 11 cents to 12 cents. The company predicts revenue will be flat to down 3%. Four analysts have an average projection for earnings of $1.44 a share. A single analyst, meanwhile, projects revenue of $790 million, or growth of about 10%. The company said first-quarter earnings would represent less than 10% of 2006 earnings, which would imply earnings of less than 14 cents to 15 cents a share, including stock-based compensation costs. Analysts project first-quarter earnings of 20 cents a share. Shares were down $1.69 to $26.90.

Dillard's ( DDS) rose 3% after the department-store operator posted fourth-quarter results that topped forecasts. The company earned $98.5 million, or $1.24 a share, on sales of $2.38 billion. Excluding items, the company earned $81 million, or $1.02 a share. Analysts expected earnings of 87 cents a share and sales of $2.31 billion. A year earlier, the company earned $108.6 million, or $1.30 a share, on sales of $2.42 billion. Excluding items, the company earned $63.5 million, or 76 cents a share, a year earlier. Dillard's shares were up 72 cents to $25.02.

Shares of Atwood Oceanics ( ATW) rose 3% after the oil and gas drilling contractor announced a 2-for-1 stock split. The split will be payable on April 7 to shareholders of record March 24. Shares, which have risen by about 25% since the beginning of the year, were recently trading up $2.54 to $97.33.

AK Steel ( AKS) shares surged more than 20% after the Pittsburgh Post-Gazette reported that the company is in talks to be acquired by rival steel producer U.S. Steel ( X). The report said U.S. Steel expects to issue stock equal to at least 20% of its outstanding shares, but it is flexible about the mix of shares and cash it would use. Such a deal would create the world's sixth-largest steel company. AK Steel shares were up $2.30 to $13.64.

Shares of Starbucks ( SBUX) rose 1% after the coffee retailer reported an 8% jump in February same-store sales. Total sales rose 25% to $585 million, up from $468 million during the year-earlier period. "Starbucks' strong February comparable store sales reflect both the popularity of our seasonal beverage offerings and the ongoing demand for our core handcrafted espresso beverages," the company said. Shares were up 28 cents to $35.73.

Univision Communications ( UVN) rose 1% after the Spanish-language media company posted better-than-expected fourth-quarter results. The company earned $27.4 million, or 8 cents a share, on revenue of $513.5 million. Excluding items, the company earned $83.1 million, or 25 cents a share. Analysts expected earnings of 23 cents a share on revenue of about $497 million. During the year-earlier period, the company earned $67.2 million, or 19 cents a share, on sales of $461.3 million.

For the first quarter, Univision anticipates earnings, excluding items, of 14 cents to 16 cents a share, with revenue growth in the mid-single-digits percentage. Analysts project earnings of 16 cents a share and a top line of $465 million, or revenue growth of about 7%. Shares recently changed hands at $33.91, up 41 cents.

NYSE volume leaders included Lucent Technologies ( LU), up 4 cents to $2.85; Advanced Micro Devices ( AMD), up 54 cents to $41.87; Vodafone ( VOD), up $1.82 to $21.50; Genworth Financial ( GNW), up 7 cents to $33.07; AK Steel ( AKS), up $2.45 to $13.79; Ford ( F), down 7 cents to $7.59; Nortel Networks ( NT), unchanged at $3.12; and General Electric ( GE), up 15 cents to $33.

Nasdaq volume leaders included Intel ( INTC), down 45 cents to $20.04; JDSU ( JDSU), up 23 cents to $3.72; Finisar ( FNSR), up $1.01 to $3.92; Sun Microsystems ( SUNW), up 9 cents to $4.36; Ciena ( CIEN), down 2 cents to $4.62; Cisco Systems ( CSCO), down 8 cents to $20.80; Novell ( NOVL), down $1.50 to $8.03; Level 3 ( LVLT), up 17 cents to $3.72; Sirius Satellite Radio ( SIRI), down 6 cents to $5.02; Microsoft ( MSFT), down 11 cents to $26.86; Oracle ( ORCL), up 4 cents to $12.84; and Conexant Systems ( CNXT), up 8 cents to $3.25.