HEADLINE STOCKS-Some U.S. stocks to watch on June 24

NEW YORK, June 24 (Reuters) - Some U.S. stocks to watch on Wednesday:

WELLS FARGO & CO (WFC.N)

Citigroup said Wells Fargo could see a strong second quarter because of higher core mortgage results. The firm wrote in a research note that Wells could give a bullish outlook and could see relatively good net interest income. [ID:nBNG457357]

Shares of Wells rose 1.4 percent to $23.24 in premarket trading.

MONSANTO CO (MON.N)

The maker of agricultural products reported third-quarter profit fell 14 percent and said it planned a restructuring that would cut about 900 workers. [ID:nN24155884]

Shares rose 3.2 percent to $81.85 in premarket trading.

EMC CORP (EMC.N)

Barclays Capital upgraded the company to "overweight" from "equal weight," saying the company's business is currently stabilizing into a new product cycle and sales and gross margins could accelerate through 2010. [ID:nBNG469159]

Shares of EMC rose 1.8 percent to $12.81 in premarket trading.

RITE AID CORP (RAD.N)

The drug store chain reported a narrower first-quarter loss but lower revenue. [ID:nN24546734]

Shares closed Tuesday at $1.26.

AMERICAN GREETINGS CORP (AM.N)

The company reported first-quarter results that beat expectations. [ID:nWNBB0620]

Shares closed Tuesday at $6.36.

DARDEN RESTAURANTS INC (DRI.N)

The restaurant chain operator reported fourth-quarter earnings that beat expectations late Tuesday but gave an outlook below expectations. [ID:nN2393659]

Shares closed Tuesday at $33.

APPLE INC (AAPL.O)

The hospital that performed a liver transplant on Apple Chief Executive Steve Jobs said that he has an "excellent prognosis" following the procedure. [ID:nN2382309]

Shares of Apple were up 1 percent to $135.38 in early electronic trading.

AMERICAN INTERNATIONAL GROUP INC (AIG.N)

The insurer's plans to sell its broker-dealer business are facing hurdles, according to a report in the New York Post. [ID:nBNG475569]

Shares rose 2 percent to $1.43 in premarket trading.

CITIGROUP INC (C.N)

The bank intends to raise base salaries for employees by as much as 50 percent this year to offset smaller annual bonuses, according to a report in the New York Times. [ID:nBNG160686]

Shares of Citigroup rose 2 cents to $3.03 in premarket trading.

MORGAN STANLEY (MS.N)

A major union this week called on Morgan Stanley to reverse recent salary hikes for senior executives and other top earners, the Wall Street Journal reported, citing a letter from the union. [ID:nBNG357362]

Shares of Morgan Stanley rose 1.1 percent to $28 in premarket trading.

OSIRIS THERAPEUTICS INC (OSIR.O)

The company said late Tuesday that interim data from a mid-stage trial showed its experimental adult stem cell treatment didn't improve lung function in patients with chronic obstructive pulmonary disorder. [ID:nN23108279]

Shares fell 6.7 percent to $13 in early electronic trading.

ERESEARCHTECHNOLOGY INC (ERES.O)

OmniComm Systems acquired the EDC business of eResearchTechnology.

Shares rose 8 percent in after-market trade.

PETSMART INC (PETM.O)

The company raised its quarterly dividend threefold to 10 cents a share, beginning in the second quarter, and said it would buy back $350 million worth of its shares. [ID:nBNG441483]

The stock rose 7.6 percent to $21.50 after hours.

PARAGON SHIPPING INC (PRGN.O)

The company announced a new charter and extensions to existing charters that would increase fixed revenue days in 2010 and 2011 to 72 percent and 49 percent, respectively. [ID:nWNBB0491]

Shares rose 5.3 percent to $3.75 in early electronic trading.

AEROVIRONMENT INC (AVAV.O)

The drone maker posted quarterly results topping market expectations and forecast 18 percent to 22 percent growth in 2010 sales. [ID:nBNG431170]

Shares rose 6 percent to $28.90 in after-hours trading.

SONIC CORP (SONC.O)

The drive-in restaurant chain reported third-quarter earnings that beat market expectations, helped by lower operating expenses and refranchising of partner drive-ins. [ID:nBNG434126]

Shares rose 5 percent to $9.20 in after-hours trading. (Reporting by Ryan Vlastelica; editing by Jeffrey Benkoe)