HEADLINE STOCKS-Some U.S. stocks on the move on Sept. 24

(Updates to afternoon trading, adds Chelsea, OSG America/Overseas Shipholding, Alexandria, Altra, Gaylord, Dendreon, Franklin Electric, Conexant)

NEW YORK, Sept 24 (Reuters) - Some U.S. stocks on the move on Thursday:

CITIGROUP INC (C.N), $4.44, down 1.8 pct

The bank plans to cut down its U.S. branch network to six big metropolitan areas, according to a late Wednesday report in the Wall Street Journal, which cited people familiar with the situation. [ID:nN23423147]

ELECTRONIC ARTS INC (ERTS.O), $19.17, down 3.3 pct

A Microsoft Corp (MSFT.O) executive said the software company had no plans to buy Electronic Arts, shooting down unsubstantiated talk of a potential bid that triggered a spike in the video game publisher's shares. [ID:nT61813]

CHELSEA THERAPEUTICS (CHTP.O), $2.64, down 62 pct

The company said its experimental drug to treat neurological disorder missed the main goal of a late-stage study. [ID:nBNG340801]