HEADLINE STOCKS-Some U.S. stocks on the move on Jan. 09

(Updates to after the open)

NEW YORK, Jan 09 (Reuters) - Some U.S. stocks on the move on Friday:

CHEVRON (CVX.N)

The oil and gas company late Thursday forecast significantly
lower earnings in its fourth quarter compared with the previous quarter
because of the impact of lower energy prices on its exploration and production
business. [ID:nN0844693]

Shares of the Dow component fell 1.3 percent to $73.24.

KB HOME (KBH.N)

The company reported a worse-than-expected quarterly loss and said that
pressures on the industry would remain difficult or worsen. [ID:nN09547839]

Shares tumbled 8.3 percent to $13.36.

MERCK & CO (MRK.N)

Shares of the pharmaceutical company fell 2.5 percent to $28.63 after
giving a fourth-quarter outlook and receiving a complete response letter from
the Food and Drug Administration, which again withheld approval for the use of
its drug Gardasil. [ID:nWNAB8374] [ID:nN09281975]

BEST BUY (BBY.N)

Shares of the electronics retailer fell after it narrowed its full-year
earnings outlook following its December same-store sales, which fell 6.5
percent. [ID:nN08545741] The stock lost 4.4 percent to $28.35.

CVS CAREMARK (CVS.N)

Shares of the drug store chain fell 10.6 percent to $26.23 after it gave a
bleak 2009 forecast due to pressure from pharmacy benefit clients who are
looking to cut costs. [ID:nN09291059]

CITIGROUP (C.N)

The bank expects to take a pretax charge of $1.4 billion in its fourth
quarter because of its exposure to LyondellBasell, which filed for bankruptcy
protection this week. [ID:nN08361754]

Later, Fox-Pitt widened its fourth-quarter loss estimate on Citigroup to
$1.56 a share from 97 cents a share. [ID:nWNAB8326]

Shares of Citigroup, a Dow component, fell 3.3 percent to $6.92.

FORD MOTOR CO (F.N)

The car company said it was committed to production cuts forced by the
global economic slowdown, as well as maintaining investments in such new
products as its Sync audio platform. [ID:nN08200836]

Shares of Ford slid 1.1 percent to $2.66.

BANK OF AMERICA (BAC.N)

Mark Matthews, the chief Asia strategist at Merrill Lynch, left the firm as
part of a restructuring, after the company was taken over by Bank of America.
Matthews is one of many executives who has left the company since the
acquisition was completed. [ID:nSIN302980]

Shares of the Dow component slid 3.4 percent to $13.07.

UBS (UBSN.VX) (UBS.N)

The Swiss wealth management company Friday said it was closing all the
offshore accounts of its U.S. clients, as it comes under pressure from U.S. tax
authorities. [ID:nL9251592]

U.S.-listed shares of UBS rose 1.4 percent to $15.25.

WALT DISNEY CO (DIS.N)

INTEL (INTC.O)

Disney threw its support behind a new chip developed by Intel, which lets
TV viewers interact with programming. The company said the chip could let
viewers access complementary content during the series finale of the program
"Lost" next year. [ID:nN08340909]

Shares of Disney fell 2 percent to $22.46 while Intel shares slid 3 percent
to $14.12. Both companies are Dow components.

APOLLO GROUP INC (APOL.O)

Apollo Group Inc, the parent company of the University of Phoenix, posted a
quarterly profit that beat Wall Street estimates, helped by a rise in
enrollment.

Shares of the company surged 12.02 percent to $86.50. [nBNG423195]

AMERICAN MEDICAL SYSTEMS HOLDINGS INC (AMMD.O)

American Medical Systems Holdings Inc, a supplier of urological medical
devices, reported better-than-expected preliminary fourth-quarter sales,
boosted by growth in its women's health business.

Shares of the company soared 18 percent to $10.47. [nBNG420842]

HEALTHWAYS INC (HWAY.O)

Healthways Inc reported quarterly income of 37 cents per share, which beat
market estimates.

Shares of the company surged 27.15 percent to $13.16.

HANSEN MEDICAL INC (HNSN.O)

Hansen Medical forecast fourth quarter revenue in the range of $7.1 million
to $7.4 million, versus Street view of $12.50 million. The company said the
economic downturn and its effect on customers' capital spending had been more
dramatic than anticipated.

Shares of the company fell 4.9 percent to $5.95.

WORLD WRESTLING ENTERTAINMENT (WWE.N)

Shares of the entertainment company fell 3.4 percent to $10.69 after it
said it plans to cut 10 percent of its global work force in a move to control
costs and increase earnings. [ID:nBNG390619]
(Reporting by Ryan Vlastelica; Editing by Theodore d'Afflisio)