FedEx, Hewlett-Packard, Anheuser-Busch, Dentsply and GE are big market movers

Industries Associated Press

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

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NYSE

Anheuser-Busch InBev SA, up $7.39 to $115.43

The maker of Budweiser and other beverages approached SABMiller PLC for a potential takeover that would create a multinational beer behemoth.

FedEx Corp., down $4.37 to $149.63

The delivery giant reported disappointing results for its latest quarter and cut its full-year profit forecast.

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Hewlett-Packard Co., up $1.36 to $28.47

The computer maker is preparing to shed another 30,000 jobs, with the latest cuts coming in its newly formed unit focusing on data and software.

Fitbit Inc., up $4.06 to $37.10

The fitness-tracking device maker said its devices are now HIPAA compliant and expects its corporate wellness program to grow.

General Electric Co., up 63 cents to $25.93

The conglomerate closed on the sale of two more units of its GE Capital finance unit, furthering its move to return to its industrial roots.

Nasdaq

Dentsply International Inc., down $1.28 to $53.07

The professional dental supplies and devices company is buying Sirona Dental Systems for about $5.51 billion.

Cracker Barrel Old Country Store Inc., down $5.48 to $145.59

The restaurant operator issued a disappointing profit outlook for its new fiscal year.

United Natural Foods Inc., down 48 cents to $50.19

The organic and specialty food distributor met fiscal fourth-quarter profit and revenue expectations and named a new CFO.