HEADLINE STOCKS-Some U.S. stocks to watch on August 11
NEW YORK, Aug 11 (Reuters) - Some U.S. stocks to watch on Tuesday:
(All share movements are premarket unless otherwise noted.)
CIT GROUP INC CIT.N, $1.40, down 5.4 pct
The lender has delayed filing its second-quarter report with regulators and said if it could not complete its debt tender or arrange other financing, it would file for bankruptcy. [ID:nN11509084]
MBIA INC (MBI.N), $5.59, down 9.4 pct
JPMorgan downgraded the company to "underweight" from "neutral," writing that the company's losses from risky mortgage securities will eventually overwhelm its capital, leaving little value for equity. [ID:nBNG477765]
JPMORGAN CHASE & CO (JPM.N), $42.69, Monday close
Robert W. Baird raised its price target on the bank to $50 from $42, saying it was likely to be the first to achieve normalized earnings. [ID:nWNBB3323]
HURON CONSULTING GROUP INC (HURN.O), $13.54, Monday close
The company is being investigated by the U.S. Securities and Exchange Commission for acquisition-related payments and said it would delay filing its latest quarterly report. [ID:nBNG52558]
AVANIR PHARMACEUTICALS INC (AVNR.O), $4.40, up 101 pct
A reformulated version of the company's Zenvia drug reduced emotional outbursts tied to a little-known neurological disorder and met the main goal of a late-stage study. [ID:nN11505629]
MTS (MBT.N), $43.51, Monday close
The mobile phone operator reported a second-quarter net profit that topped expectations. [ID:nLB7869]
FOSSIL INC (FOSL.O), $28.14, up 1.5 pct
The company reported second-quarter earnings that beat expectations and raised its full-year outlook. [ID:nBNG511791] Continued...



