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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)
04/08/201518:10:48Statement of Changes in Beneficial Ownership (4)
04/08/201517:56:35Statement of Changes in Beneficial Ownership (4)
04/08/201517:55:40Statement of Changes in Beneficial Ownership (4)
04/08/201517:54:45Statement of Changes in Beneficial Ownership (4)
04/08/201517:53:09Statement of Changes in Beneficial Ownership (4)
04/08/201517:52:40Statement of Changes in Beneficial Ownership (4)
04/08/201517:50:41Statement of Changes in Beneficial Ownership (4)
04/08/201517:49:36Statement of Changes in Beneficial Ownership (4)
04/08/201516:24:28Current Report Filing (8-k)
04/01/201516:39:16Additional Proxy Soliciting Materials (definitive) (defa14a)
03/31/201519:39:14Statement of Changes in Beneficial Ownership (4)
03/27/201518:37:53Statement of Changes in Beneficial Ownership (4)
03/27/201516:03:08Additional Proxy Soliciting Materials (definitive) (defa14a)
03/25/201517:20:54Additional Proxy Soliciting Materials (definitive) (defa14a)
03/17/201517:25:49Additional Proxy Soliciting Materials (definitive) (defa14a)
03/10/201511:44:57Amended Statement of Ownership (sc 13g/a)
03/09/201514:42:42Amended Statement of Ownership (sc 13g/a)
03/06/201518:34:59Statement of Changes in Beneficial Ownership (4)
03/06/201516:08:01Quarterly Report (10-q)
03/03/201501:42:24Stocks Break Out Again But May Be Running On Fumes

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