Oct 8 (Reuters) - Some U.S. stocks on the move on Monday:
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WALL ST FALLS AT OPEN AFTER WORLD BANK'S ASIA OUTLOOK
U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season.
The Dow Jones industrial average dropped 43.47 points, or 0.32 percent, to 13,566.68. The Standard & Poor's 500 Index lost 6.71 points, or 0.46 percent, to 1,454.22. The Nasdaq Composite Index fell 22.79 points, or 0.73 percent, to 3,113.39.
** RENEWABLE ENERGY GROUP , $5.66, down 20.5 pct (1014 ET)
The company said it would post an adjusted core loss for the third quarter as biodiesel prices fell by more than a third.
** GREEN DOT CORP , $10.55, down 17.9 pct (1004 ET)
** NETSPEND HOLDINGS INC , $10.00, down 6.98 pct (0938 ET)
** WAL-MART STORES INC , $75.47, down 0.45 pct (0939 ET)
** AMERICAN EXPRESS CO , $58.60, up 0.06 pct (0940 ET)
Shares of Prepaid card companies Green Dot and NetSpend fell after Wal-Mart and American Express announced a partnership to offer customers an alternative to debit and checking accounts.
** ALLIANCE FINANCIAL CORP , $45.86, up 16.36 pct (1010 ET)
** NBT BANCORP INC , $21.21, down 4.24 pct (0944 ET)
NBT said it agreed to buy Alliance Financial in a deal valued at about $233.4 million to expand its footprint in New York.
** NATIONAL BANK OF GREECE SA , $2.85, up 14 pct (1012 ET)
The Greek lender offered to buy Eurobank Ergasias SA
in an all-share deal. ** AFFYMETRIX INC , $3.64, down 15.6 pct (1015 ET)
The genetic analysis products maker forecast its third-quarter revenue below Street estimates, citing the tightening academic funding environment worldwide that reduced revenues in its gene expression and eBioscience business units.
The company estimated a total revenue of $80 million compared with analyst estimates of $84.6 million, according to Thomson Reuters I/B/E/S.
** VRINGO INC , $5.13, up 13 pct (1033 ET)
The mobile phone software maker's unit, Vringo Infrastructure Inc, filed a patent infringement lawsuit against the UK unit of Chinese telecommunications equipment maker ZTE Corp .
** PROGRESS SOFTWARE CORP , $18.86, down 12.3 pct (1024 ET)
The database management software maker said it could see some revenue slippage in the current quarter as a result of the resignation of Chief Executive Jay Bhatt.
** TPC GROUP INC , $45.08, up 10.8 pct (0944 ET) ** INNOSPEC INC , $33.91, down 1.23 pct (0945 ET)
The chemicals maker said it received a buyout proposal from Innospec for $721.3 million, topping an offer made by private equity firms First Reserve Corp and SK Capital Partners.
** INTERSIL CORP , $7.43, down 8.33 pct (1000 ET)
J.P. Morgan Securities cut the chipmaker's stock to "underweight" from "neutral". The brokerage also cut its price target on the stock to $5.00 from $8.00.
** NETFLIX INC , $72.42, up 8.8 pct (1017 ET)
Morgan Stanley upgraded the video streaming company to "overweight" from "equalweight," saying the company is poised to leverage its domestic cost structure and potentially become a global video platform.
** QLIK TECHNOLOGIES INC , $20.43, up 6.79 pct (1022 ET)
The market was relieved that the business analytics software maker did not release preliminary results along with its announcement of the date of its third-quarter earnings release, two analysts said. Concerns about the sector heightened last week when Informatica Corp issued a profit warning.
** OCLARO INC , $2.43, down 7.4 pct (1020 ET)
The optical components maker announced preliminary first-quarter revenue of $149 million - below analysts' estimates of $162.2 million, according to Thomson Reuters I/B/E/S.
** SWIFT ENERGY CO , $17.93, down 6.3 pct (1013 ET)
Suntrust Robinson Humphrey downgraded the oil and natural gas producer to "neutral," saying the company could miss its fourth-quarter output guidance.
Swift Energy lowered its full-year production forecast last month as its oil fields were hit by Hurricane Isaac.
** NAVISTAR INTERNATIONAL CORP , $22.31, up 5.18 pct (0948 ET)
The company agreed to appoint three new members to its board, preventing a proxy fight with activist investors Carl Icahn and Mark Rachesky.
** ALLSCRIPTS HEALTHCARE SOLUTIONS INC , $13.72, up 2.8 pct (1021 ET)
Bloomberg reported that the healthcare IT company received offers from a private-equity consortium, including Blackstone Group LP and Carlyle Group LP .
** FIRST SOLAR INC , $20.90, up 4.13 pct (1016 ET)
The company said it would supply thin-film solar modules to India-based Kiran Energy Pvt Ltd And Mahindra Solar One Pvt Ltd to construct two solar photovoltaic power plants.
** UNITEDHEALTH GROUP INC , $58.18, up 1.83 pct (0957 ET)
The health insurer said it would buy a 90 percent stake in Amil Participacoes SA , Brazil's largest health insurer and hospital operator, for $4.9 billion, tapping into a fast-growing private healthcare market as challenges mount for its U.S. business.
(Complied by Aditi Shrivastava in Bangalore)
Keywords: MARKETS USA STOCKS/PULSE