Stocks in Motion: Holly Energy

Updated from 11:54 a.m. EDT

Shares of Holly Energy Partners(HEP Quote) were among Thursday's New York Stock Exchange winners after the oil transportation company priced 6.1 million shares at $22.25 apiece in an initial public offering. The company's shares were priced at the high end of the expected offering range of $20.25 to $22.25 a share.

The company will own and operate refined product pipelines in West Texas, New Mexico, Arizona and Utah. Holly Energy Partners also owns a 70% interest in Rio Grande Pipeline. Shares of Holly Energy Partners traded up $2.30, or 10.3%, to $24.55.

Shares of Aetna(AET Quote) got a lift after the health insurer said that the congressional Joint Committee on Taxation approved a $740 million tax refund. The company says that it will use the refund to buy back shares of its stock. The refund will be recorded as income from discontinued operations in the third quarter. The refund relates to businesses that were sold by Aetna in the 1990s. Shares of Aetna traded up $1.97, or 2.4%, to $83.77.

Children's Place(PLCE Quote) fell after it warned that second-quarter financial results would fall short of expectations. The company said that higher cotton prices as well as continued investments in merchandise quality led to the weaker-than-expected forecast. It now expects to report a loss of 38 cents to 40 cents a share, compared with a loss of 35 cents a share a year ago. Analysts polled by Thomson First Call had been expecting it to report a loss of 30 cents a share during the second quarter. Shares of Children's Place traded down $3.65, or 15.9%, to $19.30.

Shares of Tuesday Morning(TUES Quote) rose after the home accessories retailer reported better-than-expected second-quarter financial results. It earned 22 cents a share on sales of $210.7 million. Analysts had expected it to earn 20 cents a share on sales of $200.9 million. Comp-store sales increased 6.6% vs. 4.4% a year ago. Its shares traded up $3.38, or 11.6%, to $32.48.

NYSE volume leaders included Lucent(LU Quote), down 3 cents to $3.46; Nortel Networks(NT Quote), down 25 cents to $4.35; General Electric(GE Quote), down 32 cents to $31.70; EMC(EMC Quote), down 51 cents to $10.45; Pfizer(PFE Quote), up 22 cents to $33.94; and Motorola(MOT Quote), up 5 cents to $17.42.

Nasdaq volume leaders included Yahoo!(YHOO Quote), down $2.52 to $30.08; Oracle(ORCL Quote), down 28 cents to $10.92; Microsoft (MSFT Quote), down 46 cents to $27.64; Intel(INTC Quote), down 12 cents to $26.22; Siebel Systems(SEBL Quote), down $1.23 to $7.98; and Cisco(CSCO Quote), down 25 cents to $22.17.