Aug 19 (Reuters) - Some U.S. stocks on the move on Monday:
U.S. stocks were mostly flat on Monday with investors reluctant to make large bets ahead of an expected change in Federal Reserve stimulus policy, though a rally in large-cap tech shares lifted the Nasdaq.
Tech shares were the strongest of the day, jumping 0.8 percent.
The Dow Jones industrial average was up 0.03 percent, the S&P 500 0.05 percent and the Nasdaq Composite 0.52 percent.
** INTEL CORP, $22.52, up 3 pct (11:50 a.m. ET)
The company's stock rose 3.2 percent to $22.60 on Monday and was the biggest percentage gainer on the S&P. Piper Jaffray upgraded the Dow component to "neutral" from "underweight" and boosted its price target on the stock.
** GTX INC, $1.51, down 63.5 pct (10:46 a.m. ET)
GTx said its experimental drug to treat muscle wasting in cancer patients was not effective in improving body mass in late-stage trials.
** SUPERNUS PHARMACEUTICALS INC, $7.60, up 14.45 pct (10:47 a.m. ET)
The company said it received final approval from the U.S. Food and Drug Administration for its epilepsy drug, Trokendi XR. Supernus said it would launch the drug over the next few weeks.
** EDWARDS GROUP LTD, $9.97, up 18 pct (10:49 a.m. ET)
Swedish engineering group Atlas Copco said it was buying British industrial technology firm Edwards Group for up to $1.6 billion, an investment which should help it offset volatile swings in its mining business.
Atlas Copco said it would pay up to $10.50 per share for Edwards, including net debt, representing a 24 percent premium to Friday's closing price.
** EFUTURE INFORMATION TECHNOLOGY INC, $4.93, up 73 pct (10:51 a.m. ET)
The Chinese supply chain management software maker said it signed an agreement with Rainbow Department Store Co Ltd to launch a one-on-one engagement platform to enable easy access between sales clerks and their customers. The platform is called myStore.
The stock touched a year-high of $6.00 on Monday. It was trading more than six times its average 10-day volume and was the top gainer on the Nasdaq.
** HARVEST NATURAL RESOURCES INC, $4.90, up 24 pct (11:08 a.m. ET)
Brokerage Wunderlich Securities raised its rating on the oil and gas company's stock to "buy" from "hold" as it expects the company to gain from drilling in Africa and Indonesia.
** NTELOS HOLDINGS CORP, $16.11, down 11.6 pct (1124 ET)
Brokerage FBR Capital Markets added the telecom services provider's stock to its top picks list as a "short" and said it expects the company's revenue from major customer Sprint Corp to fall to $82.9 million in 2015, and $26.6 million in 2016, an article on investment website Seekingalpha.com said.
NTelos's wholesale and other revenues, which are mostly Sprint related, totaled $168.9 million in 2012, according to Seekingalpha.com. (r.reuters.com/tef52v)
** COBALT INTERNATIONAL ENERGY INC, $25.84, down 12 pct (10:51 a.m. ET)
The company said it did not find oil of any commercial value at one of its deepwater wells in the Gulf of Mexico.
** E-HOUSE CHINA HOLDINGS LTD, $6.70, up 10 pct (10.36 a.m. ET)
Oppenheimer & Co raised its price target on the stock of the China-based real estate services company to $8 from $6.
E-House on Friday reported second-quarter results that beat analysts' estimates. The company also forecast higher-than-expected full-year revenue of $630 million. Analysts on average were expecting $594.8 million, according to Thomson Reuters I/B/E/S.
** SAREPTA THERAPEUTICS INC, $30.98, down 6.3 pct (11.31. a.m. ET)
Cowen & Co analysts said that Sarepta shares' jump on Friday after clinical data released by a rival drugmaker was surprising and unwarranted.
The stock closed up 3.25 pct on Friday on the Nasdaq.
"While we are bullish on Sarepta shares, we want the stock to move on concrete outcomes, not hype. The Street should, in our opinion, invest in Sarepta for the long term prospects, not for Accelerated Approval," Cowen's Edward Nash wrote in a note.
** TATA MOTORS LTD, $23.61, down 6 pct (10:52 a.m. ET)
** ICICI BANK LTD, $27.54, down 7 pct (10:52 a.m. ET)
** STERLITE INDUSTRIES (INDIA) LTD $4.91, down 2 pct (10:53 a.m. ET)
India's NSE index fell nearly 2 percent on Monday to its lowest close in 11 months, as blue chips slumped after a record low rupee aided fears of foreign selling and more steps by the central bank to stem dollar outflows.
The benchmark BSE index fell 1.56 percent, or 290.66 points, to end at 18,307.52, adding to Friday's 4 percent fall, marking its lowest close in nearly four months.
** HALCON RESOURCES CORP, $4.7, down 6.7 pct (10:21 a.m. ET)
Stifel Nicolaus downgraded the stock to "hold" from "buy" citing the oil and gas producer's increased equity offering on Aug. 8.
The brokerage also cut its 2014 production forecast for Halcon by 11 percent. Stifel lowered its forecast to 42 million barrels of oil equivalent per day (mboepd) as drilling activity is expected to slow down in the second half of the year.
** PANDORA MEDIA INC, $21.44, up 5.4 pct (11:17 a.m. ET)
Brokerage Needham & Co raised its price target on the online streaming music service's stock to $25 from $20 on valuation.
** CIA SIDERÚRGICA NACIONAL SA, $3.70, up 5.7 pct (11.16 a.m. ET)
Cia Siderúrgica Nacional plans to raise prices for hot- and cold-rolled, galvanized and zinc steel products to distributors in Brazil's local market as early as this week, a source told Reuters on Monday.
The company, commonly known as CSN, plans to increase prices between 5.5 percent and 6.75 percent, said the source.
** ZILLOW INC, $87.129, down 4.5 pct (10:54 a.m. ET)
The real estate website said it would buy smaller peer StreetEasy for about $50 million in cash to tap into the home shopping market in New York.
The company also said it would start a public offering of 2.5 million shares of Class A common stock.
** TRULIA INC, $44.41, down 3.7 pct (11:06 a.m. ET)
Brokerage RBC Capital Markets cut its rating on the online real estate listing service's stock to "sector perform" from "outperform" as the company faces strong competition from Zillow Inc and Realtor.com.
** DOLLAR GENERAL CORP, $54.10, up 3 pct (10:54 a.m. ET)
J.P. Morgan Securities raised its rating on the discount retailer's stock to "overweight" from "neutral", saying its checks point to reduced discounts at the company's stores, which signals price stability. The brokerage raised its price target on the stock to $64 from $51. JP Morgan said it expects increased traffic at Dollar General's stores and the recent introduction of tobacco products to add 100 basis points to the company's gross margins.
** BLACKBERRY LTD, $10.37, down 1.3 pct (10.54 a.m. ET)
Jefferies & Co cut its price target on U.S.-listed shares of the struggling smartphone maker to $15 from $18, saying pent up enterprise demand for BlackBerry 10 handsets could get pushed out until there is greater clarity on the company's future.
BlackBerry is weighing options that could include an outright sale.
The brokerage, which also cut its handset shipment estimates, said the Q5 device, launched recently in Canada, got off to a slow start.
"The Q5 launch was less structured than the previous two devices," analyst Peter Misek said in a note.
** JPMORGAN CHASE & CO, $52.37, down 1.7 pct (10:55 a.m. ET)
U.S. authorities have opened an investigation into whether JPMorgan Chase hired the children of powerful Chinese officials to help it win business in China, according to the New York Times. (Compiled by Neha Alawadhi in Bangalore; Editing by Maju Samuel)