HEADLINE STOCKS-Some U.S. stocks on the move on Aug. 6
(Updates to after the open, adds Wendy's, Thomson Reuters, Angiotech, Morgan Stanley, Canadian Solar, Rofin-Sinar, OM Group, GLG Partners and Ansys)
NEW YORK, Aug 6 (Reuters) - Some U.S. stocks on the move on Thursday:
CISCO SYSTEMS INC (CSCO.O), $22.05, down 0.5 pct
The Dow component reported adjusted fourth-quarter earnings that beat expectations late Wednesday, but said it was too soon to call a recovery. [ID:nN03535216]
COSTCO WHOLESALE CORP (COST.O), $48.63, down 0.9 pct
The company reported a bigger-than-expected 7 percent drop in July same-store sales. [ID:nBNG401861]
BANK OF AMERICA CORP (BAC.N), $17.34, up 4 pct
KBW said the bank could post slight losses in its third and fourth quarters before turning profitable in 2010. The firm added that the stock offered significant value despite a recent rally. [ID:nBNG405415]
JPMORGAN CHASE & CO (JPM.N), $41.41, down 0.9 pct
Deutsche Bank began coverage on the company with a "buy" rating, expecting earnings power at the bank to be above average. [ID:nBNG413182]
KING PHARMACEUTICALS INC (KG.N), $9.57, up 3.4 pct
The company reported adjusted second-quarter earnings that beat expectations. [ID:nN05234961]
NASDAQ OMX GROUP INC (NDAQ.O), $21.59, down 0.5 pct
The stock exchange operator reported adjusted second-quarter earnings that met expectations, though its market share slipped for the fifth straight quarter. [ID:nN05278465]
COMCAST CORP (CMCSA.O), $15.45, up 2.6 pct
The operator of cable television systems reported second-quarter earnings that missed expectations. [ID:nN03533132] Continued...



