Texas Instruments, Ceradyne Are Big Movers

Stock quotes in this article: CRDN , ELY , HIG , MRNA , MRVL , TXN , ZQK  

NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Texas Instruments Inc., up $1.25 at $21.02

The chip maker hiked its profit and sales guidance for the quarter ending in June, signalling a rebound for the semiconductor sector.

Quiksilver Inc., down 71 cents at $2.91

The outdoor apparel company swung to a second-quarter profit, but a weak outlook and expensive new loan facilities worried analysts.

Men's Wearhouse, up $2.34 at $20.21

A better-than-expected forecast for the second quarter and cost-cutting measures offset the clothing retailer's sliding sales and profit.

Callaway Golf Co., down $1.36 at $5.92

The golf equipment maker's outlook was weak, and it plans to cut its dividend to a penny and sell $125 million in preferred stock.

Hartford Financial Services Group Inc., down 51 cents at $14.28

Recent management upheaval — last week the insurer said the CEO would retire this year without a successor— led to an analyst downgrade.

NASDAQ

Ceradyne Inc., down $3.25 at $20.12

The industrial ceramics maker chopped its 2009 guidance by more than half and bought a ballistic helmet company for $9.5 million.

Marvell Technology Group Ltd., up $1.63 at $12.84

An analyst said gains in market share and earnings increases looked likely for the chip maker, upgrading his rating to "outperform."

MDRNA Inc., up $1.16 at $2.70

The biotechnology company's stock hit a year high after it launched its generic osteoporosis treatment following FDA approval.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,291.26 1,098.51 2,166.90 34.70
Oil *
77.33
UP
44.29
UP
5.50
UP
15.82
DOWN
0.04
10 Yr
3.47%
SPDR Gold
109.60
+0.43%
+0.50%
+0.74%
-0.12%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services