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TECH STOCKS: Brocade Gains In Volatile Tech Sector

By Rex Crum, MarketWatch SAN FRANCISCO (MarketWatch) -- Technology stocks put in mild gains Thursday, helped in part by modest advances from the likes of Apple Inc. and Dell Inc., but the sector showed some signs of weakness. In addition to Apple (AAPL) and Dell (DELL), gains also came from Intel Corp. (INTC) NetApp Inc. (NTAP) and Qualcomm Inc. (QCOM) (QCOM)Microsoft Corp.'s (MSFT) shares fell 21 cents to close at $24.22 after the company showed off a preview of its upcoming Windows 8 operating system at the Computex computer industry show in Taipei. Brocade Communications Systems Inc.'s (BRCD) shares climbed 44 cents, or 6.6%, to $7.11. Late Wednesday, Canaccord Genuity analyst Paul Mansky wrote in a research note that Dell should make more of a move into networking and that Brocade could be an acquisition target. The Nasdaq Composite Index (RIXF) managed to eke out a gain of 4 points to close at 2,773 and rebound somewhat from Wednesday's loss of more than 66 points. After the market closed, daily-deal site Groupon filed for an initial public offering worth $750 million. Additionally, streaming-radio company Pandora, which had already filed for an IPO, set its price range at between $7 and $9 a share.

Stock News for Brocade Communications Systems (BRCD)
05/28/201516:07:05Specialized Disclosure Report (sd)
05/21/201516:04:28Current Report Filing (8-k)
04/27/201518:01:54Statement of Changes in Beneficial Ownership (4)
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)

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