HEADLINE STOCKS - U.S. stocks to watch on June 11

(Updates from pre-market to regular market prices)

NEW YORK, June 11 (Reuters) - Some U.S. stocks on the move on Wednesday:

ALCOA INC (AA.N)

Shares of the aluminum producer fell more than 6 percent to $39.84 on the NYSE after J.P. Morgan Securities said market expectations of a sale of the company were incorrect, and it downgraded Alcoa to "neutral" from "overweight." For more see[ID:nBNG322883].

STAPLES INC (SPLS.O)

The U.S. office supplies company has won its battle to buy Corporate Express CXP.AS after the Dutch firm agreed to a sweetened bid of 1.7 billion euros ($2.65 billion) and ended its own deal with Lyreco. [ID:nL11414890]

Shares rose more than 3 percent to $23.93 on Nasdaq.

LEHMAN BROTHERS LEH.N

WASHINGTON MUTUAL INC (WM.N)

GOLDMAN SACHS GROUP IN (GS.N)

The S&P 500 financial sector .GSPF briefly hits 5-year low on market rumor of Goldman Sachs (GS.N) write downs, according to market sources.

Goldman Sachs said it does not comment on market rumors. [ID:nN11373275]

Separately, the Financial Times, citing people familiar with the matter, said Lehman almost struck a deal with Korean financial institutions as part of raising $6 billion in capital and may yet arrange one by the end of the year. [ID:nSEO345738]

Lehman's shares fell more than 4 percent to $26.01 on the NYSE.

On the NYSE, Washington Mutual fell more than 13 percent to $5.80 a share.

Goldman Sachs shares fell more than 1.6 percent to $164.47 on the NYSE.