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Midday movers: Apple, Denny's & Analog Devices

Take a look at some of Wednesday's midday movers:

Abercrombie & Fitch - An FBR analyst says the teen retailer has the best value among its peers in a potential LBO situation.

Hewlett-Packard - The technology bellwether reported a profit for its latest quarter, and a less of a revenue drop than Wall Street had expected.

Analog Devices - Shares fell sharply after the company forecast first-quarter profit beneath expectations.

Denny's - The restaurant operator's shares slid after Janney Montgomery Scott downgraded its to neutral from buy.

Apple - Shares gained after the Wall Street Journal reported the wait has lessened for its iPhone 5S smartphones as Foxconn Technology has increased production.

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Kate Gibson.

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  • Patti Domm

    Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.

  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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  • Senior Producer at CNBC's Breaking News Desk.