Movers roundup: Nordson, FedEx

Among the stock activity stories for Wednesday, Sept. 10, from AP Financial News:

NEW YORK (AP) _ Shares of Nordson Corp., which makes precision dispensing and testing equipment, rose Wednesday after the company said it is accelerating job cuts and other cost-reducing initiatives aimed at saving $30 million.

NEW YORK (AP) _ Shares of FedEx Corp. rose in Wednesday afternoon trading with analysts cautiously optimistic about the company's higher fiscal first-quarter earnings forecast.

NEW YORK (AP) _ Shares in SunTrust Banks Inc. fell Wednesday after an analyst voiced concerns that credit charges may hamper the regional bank's ability to maintain sufficient capital levels and that its stock has become too expensive.

NEW YORK (AP) _ Shares of American International Group Inc. continued their downward trajectory Wednesday as investors remain concerned about the whether the world's largest insurer has adequate capital reserves.

CHICAGO (AP) _ Shares of BJ's Restaurants Inc. climbed Wednesday after an analyst upgraded the company, saying the restaurant operator's ability to raise prices more aggressively than peers will help it withstand rising commodity prices and labor costs.

DENVER (AP) _ Newfield Exploration Co.'s shares rose Wednesday after two analysts cited the oil and natural gas producer's potential for production growth and a long-term expansion of reserves.