General Electric, DSW, Intel, Limited Brands, Benihana among big market movers Tuesday

General Electric, DSW, Intel are big movers

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

NYSE:

General Electric Co., up 78 cents at $18.07

GE says it will boost its dividend in 2011, two years after reducing it to save money as its financial arm struggled in the recession.

DSW Inc., down $3.10 at $26.33

The shoe retailer reported a fourth-quarter profit in contrast to a loss a year ago as sales rose 16 percent.

Limited Brands Inc., up $1 at $24.71

The company declared a special dividend of $1 per share and authorized a share repurchase program of $200 million.

NASDAQ:

Starbucks Corp., up 87 cents at $25.29

An analyst lifted his rating and price target for the world’s biggest coffee chain due to acceleration of its sales and earnings.

Sonic Corp., up 59 cents at $11.08

An analyst boosted the drive-in restaurant’s rating and wrote that improved margins and sales should help earnings growth.

Intel Corp., up 84 cents at $22.01

The company launched a new processor amid anticipation that the chip market’s recovery could be more robust than anticipated.

Sequenom Inc., down $1.68 at $6.08

The diagnostic test maker posted a wider-than-expected fourth-quarter loss amid continued analyst caution over the company’s pipeline.

Benihana Inc., up 52 cents at $6.40

A newspaper reported that the Miami-based restaurant chain received a buyout offer as it struggled with rising costs and falling sales.