HEADLINE STOCKS-Some U.S. stocks on the move on July 2
(Updates to after the open, adds Xilinx, Walgreen, FCStone/International Assets Holding)
NEW YORK, July 2 (Reuters) - Some U.S. stocks on the move on Friday:
ELAN CORP (ELN.N)
JOHNSON & JOHNSON (JNJ.N)
J&J will take over most of Elan's Alzheimer's research and invest $1 billion in new Elan equity in exchange for an 18.4 percent stake in the drugmaker. [ID:nL2891369]
U.S.-listed shares of Elan surged 17 percent to $8.20 while J&J, a Dow component, was down 0.9 percent to $56.58.
EXELON CORP (EXC.N)
NRG ENERGY INC (NRG.N)
Exelon raised its hostile takeover bid for NRG to $7.45 billion, citing newly identified cost savings and NRG'sjn recent acquisition of Reliant Energy's retail business. [ID:nBNG512453]
Shares of Exelon fell 1.5 percent to $50.79 while NRG fell 3.7 percent to $25.08 after rising in premarket.
FCSTONE GROUP INC FCSX.O
INTERNATIONAL ASSETS HOLDING CORP (IAAC.O)
International Assets agreed to buy FCStone in an all-stock deal valued at about $130 million. [ID:nBNG513528]
Shares of FCStone rose 1.2 percent to $4.20 while International Assets fell 9.6 percent to $14.22.
WALGREEN CO (WAG.N)
Shares of the drug store chain fell 1.1 percent to $29.01 after it reported its June sales data. [ID:nN02514194] Continued...



