HEADLINE STOCKS-Some U.S. stocks on the move on August 7
(Updates to afternoon trading, adds UBS, Target, Applied Industrial, Energy Recovery, Knot, VeriSign, Treehouse, WNS Holdings, AMN Healthcare, Luminex)
NEW YORK, Aug 7 (Reuters) - Some U.S. stocks on the move on Friday:
AMERICAN INTERNATIONAL GROUP INC (AIG.N), $26.79, up 19 pct
The insurance company posted adjusted second-quarter earnings that beat expectations. [ID:nN06342665]
CIT GROUP INC CIT.N. $1.67, up 3.1 pct
The company suspended the payment of preferred dividends and commented on the progress of its restructuring. [ID:nWNBB2058]
UBS AG (UBS.N) (UBSN.VX), $15.40, up 4.3 pct
No final out-of-court settlement has yet been been reached in a tax-evasion dispute pitting the U.S. government against UBS, according to a U.S. Justice Department attorney. [ID:nN07232586]
ROYAL BANK OF SCOTLAND (RBS.N), $16.34, down 11 pct (U.S. shares)
The company reported a loss for the first half of the year and warned of tough years ahead. [ID:nL7481516]
PMI GROUP INC (PMI.N), $2.91, down 18 pct
The company reported an adjusted second-quarter loss that was wider than expected. [ID:nBNG540575]
AMBAC FINANCIAL GROUP (ABK.N), $1.10, down 20 pct
The bond insurer swung to a second-quarter loss, hurt by the deteriorating credit quality of mortgage bonds it insured. [ID:nN06311626]
WNS HOLDINGS LTD (WNS.N), $15.20, up 20 pct
The company said it has received expressions of interest from various parties on possible change of control, but has not yet entered into any definitive agreement. [ID:nBNG498860] Continued...
