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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
05/17/201316:38:44TECH STOCKS: Tableau, Marketo IPOs Stand Out In Tech Stocks
05/17/201314:16:47TECH STOCKS: Facebook, Two IPOs Stand Out For Tech Stocks
05/17/201313:56:53Correction to U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
05/17/201310:58:13TECH STOCKS: Facebook Among Tech Gainers On IPO Anniversary
05/17/201308:47:10U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
01/14/201317:30:28Brocade Communications Names Industry Veteran Carney as CEO
06/21/201211:30:58TECH STOCKS: Micron, Red Hat Highlight Tech Retreat
05/18/201209:22:29US STOCK FUTURES: HOT STOCKS TO WATCH
02/02/201220:08:17Blackstone Considering Buyout Of Brocade: Source - Bloomberg...
09/12/201115:16:30Cisco To Meet With More Upbeat Wall Street
08/18/201116:49:54TECH STOCKS: No Relief For Tech Stocks As NetApp Leads Slump
08/18/201111:06:41TECH STOCKS: NetApp Losses Lead Big Tech Slump
08/15/201116:51:20TECH STOCKS: Tech Stocks Driven By Google-Motorola Deal
08/15/201113:22:11TECH STOCKS: Google To Pay $12.5 Billion For Motorola Mobility
08/10/201119:13:45Recruiters Circle Cisco Like Sharks Amid Job Cuts
06/02/201118:10:03TECH STOCKS: Brocade Gains In Volatile Tech Sector
02/21/201115:37:32MARKET SNAPSHOT: U.S. Stock Market Looks To Hold Uptrend
02/19/201106:21:09MARKET SNAPSHOT: U.S. Stock Market Looks To Maintain Uptrend
11/23/201016:45:29TECH STOCKS: H-P Gains A Rarity Among Tech Stocks
11/23/201011:27:15TECH STOCKS: H-P, Netflix Among Few Tech Gainers

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