Shares of DeVry ( DV) were among the NYSE's big movers Friday, soaring 38% after the education provider blew by Wall Street's first-quarter targets. For the quarter ended Sept. 30, DeVry reported adjusted earnings of $29.1 million, or 40 cents a share. Analysts surveyed by Thomson Financial projected earnings of 21 cents a share. Revenue rose 14% to $250.3 million, exceeding Wall Street's target of $243.3 million. After the report, DeVry scored upgrades several analysts. Shares catapulted $15.21 to $55.24. Also seeing a big surge was footwear maker Deckers Outdoors ( DECK). After the prior close, Deckers reported earnings of $19.3 million, or $1.47 a share, well ahead of its guidance of $1.20. Analysts, on average, projected earnings of $1.23 a share. The maker of Ugg boots and Teva sandals posted sales of $129.4 million, topping analysts' $121.1 million forecast. The company now sees EPS growth of 35%, up from a prior view of 25%. Deckers also lifted its revenue projection for the year, predicting 39% year-over-year growth. Previously, the company forecast a 35% revenue rise. Shares added $29.17, or 28%, to $144.20. Elsewhere, Tesoro Petroleum ( TSO) jumped 13% after Tracinda Corp, the investment vehicle of billionaire Kirk Kerkorian, proposed boosting its stake in the refiner. Tracinda offered to buy about 16% of Tesoro's shares for $64 apiece. The stock climbed $7.33 to $64.53.
Shares of Evergreen Solar ( ESLR) leaped 16% after the company reported a narrowed third-quarter loss and announced plans for an IPO of a joint venture. The solar-products concern posted a loss of $3.7 million, or 4 cents a share, better than analysts' 6-cent estimate. Evergreen also said that it has signed a memorandum of understanding to take EverQ, its venture with two other firms, public. The timing and specifics of the arrangement have yet to be determined. Shares of Evergreen Solar jumped $1.47 to $10.70. Among losers, DSW ( DSW) fell 9% after the shoe retailer cut its fiscal-year earnings guidance. Based on weaker-than-anticipated sales, DSW now sees a profit of $1.48 a share, below its prior forecast of $1.63 to $1.68. Analysts projected earnings of $1.54 a share. DSW said it expects a mid-single-digit decline in same-store sales for the third quarter. As a results, full-year sales are expected to be flat to down 2%, compared with its earlier projection of flat to up 3%. Shares of DSW dropped $2.28 to $22.74. Waste Management ( WMI) slid nearly 8% after its earnings and outlook missed expectations. For the third quarter, the trash hauler reported adjusted earnings of $278 million, or 54 cents a share, including a 3-cent-a-share charge. Revenue slipped 1% to $3.40 billion. Wall Street anticipated earnings of 59 cents a share and revenue of $3.41 billion. For the year, Waste Management cut its profit forecast by 4 cents a share to $2.07 to $2.11 a share. Analysts expect 2007 earnings per share of $2.10. Shares shed $3.01 to $36.02.