Tuesday market movers: Texas Instruments, Ceradyne, Quiksilver, Marvell Technology

Texas Instruments, Ceradyne are big movers

NEW YORK — 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.