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 growthforecasts for East Asia, highlighting concerns about the globaleconomic climate and corporate profits on the cusp of thequarterly earnings season.
The World Bank reduced its growth forecasts for the EastAsia and Pacific region and said there was a risk the slowdownin China could worsen and last longer than many analysts haveforecast.
The Dow Jones industrial average dropped 43.47points, or 0.32 percent, to 13,566.68. The Standard & Poor's 500Index lost 6.71 points, or 0.46 percent, to 1,454.22. TheNasdaq Composite Index fell 22.79 points, or 0.73percent, to 3,113.39.
** CARMAX INC , $32.02, up 9.7 pct (1220 ET)
ITG Investment Research analyst John Tomlinson published apositive note on the largest used car retailer in the UnitedStates.
** CELADON GROUP INC , $16.47, up 8 pct (1220 ET)
Dahlman Rose & Co raised its price target on the trucker'sstock to $23 from $21.
** MARATHON PETROLEUM CORP , $57.63, up 5 pct (1221ET)
The company struck a deal to buy BP's Texas Cityrefinery and related infrastructure for up to $2.5 billion. Thepurchase would make Marathon the fourth-largest refiner in theUnited States.
** RENEWABLE ENERGY GROUP , $5.66, down 20.5 pct(1222 ET)
The company said it would post an adjusted core loss for thethird quarter as biodiesel prices fell by more than a third.
** GREEN DOT CORP , $10.28, down 20 pct (1222 ET)
** NETSPEND HOLDINGS INC , $10.24, down 4.7 pct(1223 ET)
Shares of prepaid card companies Green Dot and NetSpend fellafter Wal-Mart Stores Inc and American Express Co
announced a partnership to offer customers analternative to debit and checking accounts.
** ALLIANCE FINANCIAL CORP , $45.93, up 16.5 pct(1224 ET)
** NBT BANCORP INC , $21.46, down 3.1 pct (1224 ET)
NBT said it agreed to buy Alliance Financial in a dealvalued at about $233.4 million to expand its footprint in NewYork.
** NATIONAL BANK OF GREECE SA , $2.81, up12.4 pct (1225 ET)
The Greek lender offered to buy Eurobank Ergasias SA
in an all-share deal.
** AFFYMETRIX INC , $3.65, down 15.3 pct (1225 ET)
The genetic analysis products maker forecast itsthird-quarter revenue below Street estimates, citing thetightening academic funding environment worldwide that reducedrevenues in its gene expression and eBioscience business units.
The company estimated a total revenue of $80 millioncompared with analyst estimates of $84.6 million, according toThomson Reuters I/B/E/S.
** VRINGO INC , $5.39, up 15.7 pct (1226 ET)
The mobile phone software maker's unit, VringoInfrastructure Inc, filed a patent infringement lawsuit againstthe UK unit of Chinese telecommunications equipment maker ZTECorp .
** PROGRESS SOFTWARE CORP , $18.80, down 12.4 pct(1226 ET)
The database management software maker said it could seesome revenue slippage in the current quarter as a result of theresignation of Chief Executive Jay Bhatt.
** TPC GROUP INC , $45.40 up 11.6 (1227 ET) ** INNOSPEC INC , $33.71, down 1.8 pct (1227 ET)
The chemicals maker said it received a buyout proposal fromInnospec for $721.3 million, topping an offer made by privateequity firms First Reserve Corp and SK Capital Partners.
** INTERSIL CORP , $7.46, down 8 pct (1228 ET)
J.P. Morgan Securities cut the chipmaker's stock to"underweight" from "neutral". The brokerage also cut its pricetarget on the stock to $5.00 from $8.00.
** NETFLIX INC , $73.26, up 10 pct (1229 ET)
Morgan Stanley upgraded the video streaming company to"overweight" from "equal weight," saying the company is poisedto leverage its domestic cost structure and potentially become aglobal video platform.
** QLIK TECHNOLOGIES INC , $20.25, up 5.8 pct (1229ET)
The market was relieved that the business analytics softwaremaker did not release preliminary results along with itsannouncement of the date of its third-quarter earnings release,two analysts said. Concerns about the sector heightened lastweek when Informatica Corp issued a profit warning.
** OCLARO INC , $2.39, down 9.2 pct (1303 ET)
The optical components maker announced preliminaryfirst-quarter revenue of $149 million - below analysts'estimates of $162.2 million, according to Thomson ReutersI/B/E/S.
** SWIFT ENERGY CO , $18.21, down 4.8 pct (1230 ET)
Suntrust Robinson Humphrey downgraded the oil and naturalgas producer to "neutral," saying the company could miss itsfourth-quarter output guidance.
Swift Energy lowered its full-year production forecast lastmonth as its oil fields were hit by Hurricane Isaac.
** NAVISTAR INTERNATIONAL CORP , $22.91, up 8 pct(1231 ET)
The truck and engine maker agreed to appoint three newmembers to its board, avoiding a proxy fight with activistinvestors Carl Icahn and Mark Rachesky who demandedchanges.
** ALLSCRIPTS HEALTHCARE SOLUTIONS INC , $13.79, up3.4 pct (1231 ET)
Bloomberg reported that the healthcare IT company receivedoffers from a private-equity consortium, including BlackstoneGroup LP and Carlyle Group LP .
(Complied by Aditi Shrivastava in Bangalore)
Keywords: MARKETS USA STOCKS/PULSE