HEADLINE STOCKS-Some U.S. stocks on the move on June 19

(Updates to afternoon trading, adds Blackstone, Wyndham, Teekay Tankers, Oculus, A-Power Energy, Abbott and Ambac; updates Bank of America)

NEW YORK, June 19 (Reuters) - Some U.S. stocks on the move on Friday:

RESEARCH IN MOTION LTD (RIMM.O)

The BlackBerry maker gave an outlook late Thursday that fell short of expectations. It also reported first-quarter earnings that beat estimates. For story see [ID:nN18406026].

Shares fell 4.7 percent to $72.96.

MICROSOFT CORP (MSFT.O)

VMWARE INC (VMW.N)

Goldman Sachs added Microsoft to its Americas conviction buy list, saying better revenue drivers, expense management, and sizable cash balances provide more opportunities for bottom-line beats.

At the same time, the firm downgraded VMware to neutral, citing limited upside. [ID:nBNG86897]

Shares of Microsoft, a Dow component, rose 2.6 percent to $24.10 while VMware shares were down 1.3 percent to $29.53.

AMBAC FINANCIAL GROUP (ABK.N)

The bond insurer has again postponed the launch of its municipal bond arm after struggling to raise money from outside investors to fund the unit. [ID:nN19447607]

Shares sank 15 percent to $1.06.

BLACKSTONE GROUP (BX.N)

Chinese sovereign wealth fund China Investment Corp is poised to put $500 million into a Blackstone Group fund, according to a report in the Wall Street Journal. [ID:nN19437991]

Shares gained 3.4 percent to $11.53.