HEADLINE STOCKS-Some U.S. stocks on the move on Aug. 6

(Updates to afternoon trading, adds Macy's, Chesapeake/Plains Exploration, Hartford, Staples)

NEW YORK, Aug 6 (Reuters) - Some U.S. stocks on the move on Thursday:

CISCO SYSTEMS INC (CSCO.O), $22.19, up 0.1 pct

The Dow component reported adjusted fourth-quarter earnings late Wednesday that beat expectations but said it was too soon to call a recovery. [ID:nN03535216]

COSTCO WHOLESALE CORP (COST.O), $48.85, down 0.4 pct

The company reported a bigger-than-expected 7 percent drop in July same-store sales. [ID:nBNG401861]

BANK OF AMERICA CORP (BAC.N), $16.82, up 1 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), $40.66, down 2.7 pct

Deutsche Bank began coverage on the company with a "buy" rating, expecting earnings power at the bank to be above average. [ID:nBNG413182]

MACY'S INC (M.N), $14.93, up 5 pct

The company forecast second-quarter earnings that were above expectations. [ID:nN06322808]

CHESAPEAKE ENERGY CORP (CHK.N), $24.22, up 3.9 pct

PLAINS EXPLORATION & PRODUCTION CO (PXP.N), $24.90, down 13.3 pct

Chesapeake said Plains Exploration, its joint venture partner in the Haynesville shale, agreed to pay $1.1 billion for its share of drilling costs early in exchange for a 12 percent discount. [ID:nN06318400]