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

(Updates to afternoon trade, adds Scotts Miracle-Gro, NPS
Pharma, Diodes, Quiksilver, Angiotech)

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. For more see
[ID:nN08238008].

Shares of Goldman slid 1.1 percent to $147.33 while Dow
component JPMorgan was up 2.3 percent to $35.33.

MCDONALD'S CORP (MCD.N)

The fast food company reported a 5.1 percent increase in
May same-store sales. 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 percent to $58.09.

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 4.2 percent to $54.35.

DIODES INC (DIOD.O)

Shares of Diodes advanced 1 percent to $15.84 after it
raised its second-quarter revenue outlook, citing improvement
in demand and order rates. [ID:nBNG499157]

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 5.8 percent to $3.93.

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 1.6 percent to $24.16.

SCOTTS MIRACLE-GRO CO (SMG.N)

BMO Capital Markets upgraded the company to outperform from
market perform, citing an improving fundamental picture.
[ID:nBNG499243]

Shares rose 3.9 percent to $35.61.

NPS PHARMACEUTICALS (NPSP.O)

Goldman Sachs removed the company from its Americas sell
list, upgrading the stock to neutral on valuation.
[ID:nBNG498853]

Shares advanced 8.7 percent to $3.89.

QUIKSILVER INC (ZQK.N)

Lazard Capital Markets doubled its price target on the
apparel maker, lifting it to $6 from $3, saying the company
would be helped by cost cuts and a weaker dollar.
[ID:nBNG497050]

Shares rose 4.9 percent to $3.66.

ANGIOTECH PHARMACEUTICALS INC (ANPI.O)

U.S.-listed shares of the pharmaceutical company rallied 42
percent to $2.42 after it received marketing clearance from the
Food and Drug Administration for its implantable device to
prevent pulmonary embolism. [ID:nBNG498196]

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 0.3 percent to $32.93.

Micromet Inc (MITI.O)

Shares of the pharmaceutical company soared 19.5 percent to
$5.52 after its 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 front-runner
to buy it for about $12 billion. [ID:nL8414031]

Shares of BlackRock rose 3.2 percent to $168.99.

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 $71.90.

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 1.2 percent to $30.40.

COUSINS PROPERTIES INC (CUZ.N)

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

Shares fell 2.6 percent to $10.03.

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 rose 1.2 percent to $24.45.

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 1.4 percent to $25.39.

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 3 percent to $24.44.
(Reporting by Ryan Vlastelica; Editing by James Dalgleish)