HEADLINE STOCKS-U.S. stocks on the move on June 8

(Updates to after the open, adds Micromet, Cousins, Equinix)

NEW YORK, June 8 (Reuters) - Some U.S. stocks on the move
on Monday:

JPMORGAN CHASE & CO (JPM.N)

GOLDMAN SACHS GROUP INC (GS.N)

The U.S. Federal Reserve is expected to say that the two
financial services company will be allowed to repay TARP money,
according to a report in the Wall Street Journal.
[ID:nN08238008]

Shares of Goldman fell 1.6 percent to $146.56 while Dow
component JPMorgan was up 1.6 percent to $35.10.

MCDONALD'S CORP (MCD.N)

McDonald's Corp (MCD.N) on Monday reported a 5.1 percent
increase in May sales at restaurants open at least 13 months,
with demand strong in Europe and Asia/Pacific. However, the
growth was down from April, when global same-store sales rose
6.9 percent.
[ID:nN08309089]

Shares of the Dow component fell 3.3 percent to $57.89.

GENERAL MILLS INC (GIS.N)

The food company expects 2009 earnings to exceed its prior
outlook of $3.87 to $3.89 a share by several cents per share.
[ID:nBNG280586]

The stock rose 4.8 percent to $54.67.

QWEST COMMUNICATIONS INTERNATIONAL INC (Q.N)

The company said it is not selling its long-distance phone
network after completing a comprehensive review and a bidding
process with interested parties. [ID:nN08302874]

Shares sank 2.2 percent to $4.09.

AT&T INC (T.N)

Goldman Sachs removed AT&T from its Americas Conviction Buy
list, "given recent underperformance as investors have rotated
out of later cycle telecom stocks."

Shares of the Dow component fell 1.8 percent to $24.11.

GLAXOSMITHKLINE (GSK.N)

The company's experimental diabetes drug was shown to be
more effective than Eli Lilly (LLY.N) and Amylin
Pharmaceuticals' (AMLN.O) Byetta in controlling blood sugar, a
mid-stage test unveiled on Sunday. [ID:nL5159781]

U.S.-listed shares of Glaxo slid 0.8 percent to $32.76.

Micromet Inc (MITI.O)

Shares of the pharmaceutical company soared 33 percent to
$6.14 after it's drug blinatumomab achieved its primary
endpoint in a Phase II study with acute lymphoblastic leukemia
patients. [ID:nWNAB7410]

BLACKROCK (BLK.N)

Barclays Plc (BARC.L) (BCS.N) is in talks to sell its
Barclays Global Investors unit, with BlackRock the frontrunner
to buy it for about $12 billion. [ID:nL8414031]

Shares of BlackRock rose 0.7 percent to $164.74.

EQUINIX INC (EQIX.O)

The company announced a proposed $250 million public
offering of convertible subordinated notes due 2016.
[ID:nWNAB7473]

Shares fell 5.3 percent to $71.89.

VERTEX PHARMACEUTICALS INC (VRTX.O)

The company will exchange $103.3 million of its 2013
convertible senior subordinated notes into common stock.
[ID:nWNAB7428]

Shares were down 0.5 percent to $30.63.

COUSINS PROPERTIES INC (CUZ.N)

The company's chairman and CEO Thomas Bell will retire on
July 1 and will be replaced by Larry Gellerstedt III, Cousins's
president and COO. [ID:nWNAB7476]

Shares fell 0.6 percent to $10.24.

HOME DEPOT INC (HD.N)

The company's stock "looks like a bargain," Barron's wrote,
arguing that the home improvement retailer had slowed expansion
and attempted to improve customer service. [ID:nN07251889]

Shares of the Dow component slid 0.5 percent to $24.04.

ALLSTATE CORP (ALL.N)

Shares of the insurance company could be due to extend a
recent rally after it cut back its risk and focused on auto and
homeowner policies, Barron's wrote in its latest issue.
[ID:nN07274408]

Shares rose about 1 percent to $25.29.

PIEDMONT NATURAL GAS CO INC (PNY.N)

The company reported a 10 percent rise in quarterly profit
and backed its full-year profit view. [ID:nBNG464398]

Shares rose 2.1 percent to $24.22.
(Reporting by Ryan Vlastelica; Editing by Theodore d'Afflisio)