HEADLINE STOCKS-Some U.S. stocks on the move on July 7

(Updates to after the open, adds ConocoPhillips, Southwest Airlines, Fluor and Weyerhaeuser. Updates Boeing.)

NEW YORK, July 7 (Reuters) - Some U.S. stocks on the move on Tuesday:

INTEL CORP (INTC.O)

Bank of America-Merrill Lynch upgraded the company to "buy" from "neutral" as part of a larger call on the semiconductor sector. [ID:nWNAB4817]

Shares of the Dow component rose 2.1 percent to $16.88.

WEYERHAEUSER CO (WY.N)

The company set a dividend of 5 cents a share, down 80 percent from its previous payout.

Shares fell 3.2 percent to $29.04.

KING PHARMACEUTICALS INC (KG.N)

PAIN THERAPEUTICS INC (PTIE.O)

The pharmaceutical companies may not resubmit their application for their experimental pain drug Remoxy until the middle of next year. [ID:nN07304722]

Shares of King slid 0.6 percent to $9.45 while Pain Therapeutics sank 11.1 percent to $4.87.

BOEING CO (BA.N)

Sanford C. Bernstein raised its price target on Boeing Co (BA.N) to $42 from $40 on an expected economic recovery in 2010 and a modestly higher delivery rate forecast for 2009 and 2010. [ID:nBNG385698]

In addition, Boeing also said it would buy a plant that makes part of the fuselage of its 787 Dreamliner for $580 million. [ID:nN07308292]

Shares of Boeing, a Dow component, fell 1.3 percent to $40.03.