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TECH STOCKS: Techs Search For Direction, As Oracle Slips

By Benjamin Pimentel SAN FRANCISCO (MarketWatch) -- Technology stocks traded sideways Thursday, as shares of Oracle Corp. fell ahead of the software maker's fiscal first-quarter report. Shares of Redwood City, Calif.-based Oracle (ORCL) were down about 1.3% to $25.41. The tech giant is expected to report strong gains in sales and profit, and to feature its newly hired co-president, Mark Hurd. See Oracle earnings preview. Meanwhile, shares of Research In Motion(RIMM) were up about 2% to $46.42. The handheld-device maker is scheduled to report results for its August quarter. The Nasdaq Composite Index (RIXF) was down about 4 points, or 0.2%, to 2,297 at last check. The Morgan Stanley High Tech 35 Index (MSH) was also off 0.2%, while the Philadelphia Semiconductor Index (SOX) was down 0.1%. Highlighting the day's gains was GameStop Corp.(GME), shares of which were up 4.8%, a day after the videogame retailer announced a $500 million buyback plan. Also posting gains were Brocade Communications Systems Inc. (BRCD) , Hewlett-Packard Co. (HPQ) and Cisco Systems Inc. (CSCO) .

Stock News for Brocade Communications Systems (BRCD)
DateTimeHeadline
07/26/201608:00:00Ruckus Wireless Simplifies Wireless Networking with Cloud Wi-Fi
06/20/201608:00:00Ruckus Wireless Selected by AccorHotels as Preferred Wi-Fi Partner...
06/20/201603:03:00CFO Network Members -- WSJ
06/13/201619:41:15Statement of Changes in Beneficial Ownership (4)
06/10/201616:12:28Amended Current Report Filing (8-k/a)
06/06/201616:50:32Statement of Changes in Beneficial Ownership (4)
06/03/201616:26:12Securities Registration: Employee Benefit Plan (s-8)
06/03/201616:23:58Post-effective Amendment to an S-8 Filing (s-8 Pos)
06/03/201616:13:10Quarterly Report (10-q)
06/01/201617:33:57Statement of Changes in Beneficial Ownership (4)
05/31/201608:00:00Ruckus Wireless Expands Wave 2 Portfolio
05/27/201617:50:00TransDigm Group Set to Join the S&P 500; Helen of Troy and Brocade...
05/27/201616:24:14Current Report Filing (8-k)
05/26/201616:07:46Specialized Disclosure Report (sd)
05/26/201606:01:38Notice of Effectiveness (effect)
05/25/201612:18:32Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
05/20/201609:43:00U.S. Hot Stocks: Hot Stocks to Watch
05/19/201616:12:27Current Report Filing (8-k)
05/19/201606:22:15Registration Statement for Securities to Be Issued in Business...
05/02/201611:10:00Brocade Communications Pulls Back Its Outlook

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