HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 2

(Updates to afternoon trading, adds Apple, Lockheed, SuccessFactors, Life Time Fitness, Smart Modular, Education Management)

NEW YORK, Oct 2 (Reuters) - Some U.S. stocks on the move on Friday:

CIT GROUP INC CIT.N, $1.24, up 17 pct

The lender launched a debt-exchange plan late Thursday that it hopes will prevent a bankruptcy filing. It also asked bondholders to approve a prepackaged plan of reorganization that would allow it to initiate a voluntary filing under Chapter 11 if the debt exchange failed. [ID:nN01265054]

GENERAL ELECTRIC CO (GE.N), $15.55, down 2.6 pct

GE is holding discussions on partnerships or an initial public offering for its NBC Universal unit, Chief Executive Jeffrey Immelt said, as expectations grew about a deal with cable operator Comcast Corp (CMCSA.O). [ID:nBOM441667]

APPLE INC (AAPL.O), $185.38, up 2.5 pct

UBS upgraded shares of the iPhone and iPod maker to "buy" from "neutral," and raised its price target by 56 percent. [ID:nBNG462210]

LOCKHEED MARTIN CORP (LMT.N), $75.70, down 1.2 pct