HEADLINE STOCKS-U.S. stocks on the move on May 11

(Updates to afternoon trade, adds GM, Pride
International/Chevron, Ormat and Marshall & Ilsley)

NEW YORK, May 11 (Reuters) - Some U.S. stocks to watch on
Monday:

BB&T CORP (BBT.N)

The regional bank said it would sell $1.5 billion of stock
and cut its dividend by 68 percent in a move to repay a $3.1
billion investment. [ID:nN11503903]

Shares tumbled 5.1 percent to $25.

CAPITAL ONE FINANCIAL (COF.N)

Shares of the company fell 11 percent to $27.81 after it
announced a public offering of 56 million shares of common
stock. [ID:nWNAB7119]

US BANCORP (USB.N)

Shares fell 6 percent to $19.31 after it announced a $2.5
billion common stock offering. [ID:nWNAB7124]

MORGAN STANLEY (MS.N)

The financial services company was upgraded to buy from
neutral at Bank of America-Merrill Lynch, which cited valuation
and "long-term earnings power" in its decision. [ID:nWNAB7046]

Shares fell 6.1 percent to $26.48.

GENERAL MOTORS (GM.N)

Shares of the Dow component fell 8.7 percent to $1.47 after
the company's CEO said that bankruptcy was "more probable" in
order for it to restructure. [ID:nN11527661]

PRIDE INTERNATIONAL INC (PDE.N)

CHEVRON CORP (CVX.N)

Pride said it agreed with Chevron to terminate the
remaining contract term of a rig in West Africa, after an
inspection revealed "unacceptable" levels of corrosion.
[ID:nBNG444117]

Shares of Pride sank 7.8 percent to $22.14 while Dow
component Chevron was down 3.3 percent to $68.03.

MARSHALL & ILSLEY CORP (MI.N)

Shares of the bank rose 2.9 percent to $10.10 after Stifel
Nicolaus upgraded it to buy from holding, citing valuation.
[ID:nBNG500432]

ORMAT TECHNOLOGIES INC (ORA.N)

Shares of the tech company rose 8.7 percent to $40.93 after
it reported first-quarter earnings that beat expectations.
[ID:nN11385868]

KING PHARMACEUTICALS INC (KG.N)

The pharmaceutical company reported adjusted first-quarter
earnings that beat expectations. [ID:nN11506607]

Shares rose 4.8 percent to $9.13.

MICROSOFT CORP (MSFT.O)

The software giant said it would sell a three-part
benchmark-sized debt issue. [ID:nN11522329]

Shares of the Dow component rose 0.4 percent to $19.50.

AMBAC FINANCIAL GROUP INC (ABK.N)

Shares of the bond insurer rose 17 percent to $1.88 after
it reported its quarterly results. [ID:nN11519756]

PRICELINE.COM (PCLN.O)

The online travel agency reported an increase in its
first-quarter earnings but warned that the recession clouded
its 2009 outlook. [ID:nN08371958]

Shares rose 2.5 percent to $107.56.

VIRGIN MOBILE USA INC (VM.N)

The company reported first-quarter earnings that beat
expectations. [ID:nBNG445594]

Shares soared 18 percent to $3.41.

DISH NETWORK CORP (DISH.O)

The U.S. satellite TV provider posted a
better-than-expected quarterly profit. [ID:nN11505840]

Shares rose 19 percent to $18.15.

CF INDUSTRIES (CF.N)

AGRIUM INC (AGU.N)

Agrium raised its offer for CF to $40 in cash plus one
Agrium share per CF share, an increase of 14.3 percent in the
cash consideration. [ID:nN11504828]

Shares of CF rose 2.7 percent to $75.79 while Agrium shares
slid 1 percent to $44.76.

ASTRAZENECA (AZN.N)

U.S.-listed shares of the pharmaceutical company rose 6.1
percent to $38.34 after it said it's experimental heart drug
Brilinta beat Sanofi-Aventis SA (SASY.PA) and Bristol-Myers
Squibb Co's (BMY.N) drug Plavix in a clinical trial.
[ID:nLB630992]

HSBC HOLDINGS (HBC.N)

The European bank said its first-quarter profits were "well
ahead" of last year, boosted by record results at its
investment bank. [ID:nLB716280]

U.S.-listed shares of HSBC fell 1.3 percent to $43.62.

AMERICAN INTERNATIONAL GROUP INC (AIG.N)

The insurance company, along with the U.S. government,
expects a multi-year restructuring, according to the Wall
Street Journal, which cited an internal AIG memo.
[ID:nBNG125348]

Shares slid 2.5 percent to $1.96.

PLAYBOY ENTERPRISES INC (PLA.N)

The media company reported a first-quarter loss and
forecast a 39 percent decline in its second-quarter Playboy
magazine advertising revenue. [ID:nN11485923]

Shares fell 3.6 percent to $3.19.

W.R. GRACE & CO (GRA.N)

The chemical company late Friday was acquitted on all
counts in an asbestos environmental case. [ID:nN08495354]

Shares of W.R. Grace fell 8.8 percent to $11.91.

HESS CORP (HES.N)

Barron's wrote that the oil producer was poised to outshine
its rivals in 2010 because of the company's emphasis on
exploration, as well as recent drilling success.
[ID:nN10463809]

Shares rose 0.7 percent to $63.79.

BIOCRYST PHARMACEUTICALS INC (BCRX.O)

The pharmaceutical company reported a first-quarter net
loss that was narrower than expected [ID:nWNAB6400] and also
that it is preparing to deliver a portion of its finished flu
product peramivir, sufficient to treat about 1,000 patients, to
the U.S. Centers for Disease Control. [ID:nBNG251032]

Shares fell 12 percent to $2.59.

CASEY'S GENERAL STORES INC (CASY.O)

The retailer agreed to pay $11.7 million to settle two
class action lawsuits related to wage and hour issues and will
take a related one-time charge in the fourth quarter.
[ID:nBNG307868]

Shares fell 1.9 percent to $25.
(Reporting by Ryan Vlastelica, Editing by Chizu Nomiyama)