Shares of

Giant Industries

(GI)

were among the

NYSE's

losers Monday, falling 5% after

Western Refining

(WNR)

cut the price it will pay in its acquisition of the company.

Western Refining will now pay $77 a share, down from an earlier offer of $83 a share. The company said the change was caused by a number of unexpected events, including recent refinery fires and increased insurance costs. The deal is expected to close in the first quarter.

Separately, Giant Industries reported third-quarter earnings of $44 million, or $3 a share. During the year-earlier period, the company earned $46.6 million, or $3.38 a share. The company plans to post its full results tomorrow before the bell. Shares of Giant were trading down $4.35 to $76.60, while shares of Western Refining added 15 cents to $25.87.

Wynn Resorts

(WYNN) - Get Report

rose 7% after they declared a special cash distribution of $6 a share. The distribution will be payable on Dec. 4 to shareholders of record on Nov. 23.

Separately, the company also said that Jack Binion will cede his day-to-day operational responsibilities at the Wynn Macau casino and will now serve as director and principal in the development team in the company's Macau operations. Shares recently changed hands at $87.66, up $5.47.

Shares of

The Knot

(KNOT)

rose 8% after the wedding-planning Web site posted better-than-expected third-quarter results. The company earned $3.3 million, or 11 cents a share, on revenue of $18.5 million. Analysts polled by Thomson First Call expected earnings of 10 cents a share and revenue of $17.8 million. During the year-earlier quarter, The Knot earned $722,000, or 3 cents a share, on revenue of $13.1 million. The company said that results in the latest period were bolstered by the acquisition of WeddingChannel.com. Shares were trading up $1.81 to $23.94.

Shares of

CorVel

(CRVL) - Get Report

jumped 10% after the company declared a 3-for-2 stock split. The company, a provider of systems for managed-health care companies, said the stock dividend will be distributed Dec. 8 to stockholders of record Nov. 20. Shares were trading up $4.67 to $51.30.

Shares of

Xerium Technologies

(XRM)

slumped 15% after the maker of clothing and roll covers posted disappointing third-quarter results. The company earned $5.7 million, or 13 cents a share, on revenue of $145.5 million. Analysts expected earnings of 26 cents a share and revenue of $147.4 million. A year earlier, Xerium posted a loss of $8 million, or 18 cents a share, on revenue of $140.1 million. The company said that earnings were hurt by significant investments in its businesses. Shares were trading down $1.55 to $10.12.

NYSE volume leaders included

Pfizer

(PFE) - Get Report

, up 15 cents to $25.86;

Motorola

( MOT), down 20 cents to $21.18;

Nortel

( NT), up 4 cents to $2.07;

Sprint Nextel

(S) - Get Report

, up 15 cents to $20.51;

EMC

(EMC)

, down 8 cents to $12.62;

Lucent Technologies

( LU), up 1 cent to $2.51; and

Wal-Mart

(HPQ) - Get Report

, down 36 cents to $46.11.

Among the

Nasdaq's

heavily traded stocks were

Sun Microsystems

(SUNW) - Get Report

, up 10 cents to $5.37;

Cisco Systems

(CSCO) - Get Report

, down 2 cents to $26.72;

Intel

(INTC) - Get Report

, up 39 cents to $20.97;

Microsoft

(MSFT) - Get Report

, up 15 cents to $29.39;

Isis Pharmaceuticals

(ISIS)

, up $2.85 to $13.23; and

Sirius Satellite Radio

(SIRI) - Get Report

, up 1 cent to $4.14.