HEADLINE STOCKS-Some U.S. stocks on the move on June 22
(Updates to afternoon trading, adds Goldman Sachs, Ameristar, Valspar, LodgeNet, Medarex, CBS, Eastman Kodak and FelCor; updates Merck)
NEW YORK, June 22 (Reuters) - Some U.S. stocks on the move on Monday:
MERCK & CO (MRK.N)
SCHERING-PLOUGH CORP SGP.N
The two pharmaceutical companies have received requests from U.S. antitrust regulators for more information on their proposed merger. [ID:nN22493168]
In addition, Merck launched a $4.25 billion four-part debt sale, said IFR, a Thomson Reuters service. [ID:nN22507353]
Shares of Merck, a Dow component, slid 2.5 percent to $25.27 while Schering-Plough shares were down 1.6 percent to $23.42.
WALGREEN CO (WAG.N)
The company reported third-quarter results including a rise of 8 percent in sales. [ID:nN22495005]
Shares slid 6 percent to $29.56.
FELCOR LODGING (FCH.N)
Shares sank 7.9 percent to $2.21 on continuing concerns about the hotel real estate investment trust's debt levels. [ID:nN22503894]
EXXONMOBIL CORP (XOM.N)
Exxon, the operator of a liquefied natural gas project in Papua New Guinea, is nearing agreement on sales with three major buyers in Asia, putting the project on track for a final investment decision later this year. [ID:nSYD476906]
Shares of the Dow component fell 2.6 percent to $69.24.
EASTMAN KODAK (EK.N) Continued...
