CIT Group, Moody's, Darden Restaurants Big Movers

The Associated Press

NEW YORK (AP) — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:

NYSE:

CIT Group Inc., down 99 cents at $1.21

The commercial lender is reportedly trying to craft an exchange that would cut its debt and offer bondholders an equity stake.

Ameriprise Financial Inc., up $3.99 at $36.33

Bank of America Corp. is selling Columbia Management's long-term asset management business to the financial planning services firm.

Darden Restaurants Inc., down $2.02 at $34.13

The owner of the Olive Garden and Red Lobster chains warned its fiscal 2010 profit will likely be within the lower half of its range.

Moody's Corp., down 35 cents at $20.46