Stocks In News (HON, URBN, PWRD)

Honeywell International Inc. (NYSE:HON) added 3.64% to $49.32. The company adjusted its profit guidance on Tuesday after adopting a new accounting method that should smooth over gains and losses in the company's pension plan. Earnings for the company are now expected to be about $1.86 a share for 2010, versus the prior estimate of about $2.52 a share.  

Honeywell forecast $7.5 billion in deferred losses for the year that would otherwise be amortized in future periods under current accounting methods, and lowered the company's estimated pension cost for 2011 by about $1 billion.

Urban Outfitters, Inc. (NASDAQ:URBN) soared 9.85% to $35.96. The company posted net earnings of $73.1 million or $0.43 per share for the third quarter, up from $62.4 million or $0.36 per share in the prior year quarter.

On average, 28 analysts polled by Thomson Reuters expected the company to report earnings of $0.42 per share for the third quarter. Analysts' estimates typically exclude special items.

Third quarter net sales increased 13% to $573.6 million from $505.9 million in the same quarter last year. Twenty-six analysts had a consensus revenue estimate of $582.90 million for the third quarter.

Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) plunged 13.98% to $27.07 after it reported that third-quarter net income fell to 4.05 yuan per American depositary share from 5.5 yuan in the year-earlier period.

The 52-week range of the stock is $20.75-$48.19.  The stock went down more than 31% year-to-date.