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TECH STOCKS: Tech Stocks Edge Up, Led By Oracle, RIM

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- Technology stocks edged higher Friday, as shares of Oracle Corp. jumped nearly 4% a day after the software giant posted upbeat results. Oracle (ORCL) rose 3.9% to close at $31.46, as the Redwood City, Calif.-based tech giant beat Wall Street's expectations. "Oracle provided a holiday present for shareholders by easily exceeding expectations for the November quarter and impressively, guidance for the February quarter was well above consensus estimates," J.P. Morgan analyst John DiFucci said in a note. Shares of Research In Motion (RIMM) were up 1.6% to close at $60.20, after the maker of the BlackBerry device reported a 45% jump in profit. Shares of Take-Two Interactive (TTWO) jumped 8.3% to close at $12.93, after the video game publisher reported results showing it swinging to a profit. The triple play helped keep the sector afloat, as the Nasdaq Composite Index (RIXF) held on to modest gains, rising 0.2% to close at 2,643. The Morgan Stanley High Tech 35 Index (MSH) rose 0.4%, while the Philadelphia Semiconductor Index (SOX) was up 0.7%. But the sector was weighed down by losses in shares of Google Inc. (GOOG) , Cisco Systems (CSCO) and eBay Inc.(EBAY) .

Stock News for Take Two (TTWO)
DateTimeHeadline
05/14/201316:43:34TECH STOCKS: Microsoft, Yahoo Lead Slate Of Tech Gains
05/14/201313:26:32TECH STOCKS: Yahoo Leads Techs Up; BlackBerry, Nokia Fall
05/14/201310:29:03TECH STOCKS: Tech Stocks Rise; Yahoo Price Target Raised
02/06/201306:44:25U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH
02/05/201318:43:03U.S. HOT STOCKS: Zynga, Take-Two, Shutterfly Active in Late Trading
02/05/201317:50:22Take-Two Posts Strong Growth on NBA Game
02/05/201317:40:09Take-Two Reports Strong 3rd-Quarter Sales Growth Thanks to NBA...
01/31/201316:46:36TECH STOCKS: Facebook Slips Late; BlackBerry Weighs Techs
01/31/201316:18:53TECH STOCKS: Facebook Turns Up; BlackBerry Weighs Techs
01/31/201312:36:53TECH STOCKS: Facebook, BlackBerry Fall; Qualcomm Jumps
01/11/201307:50:05Videogame U.S. Retail Sales Drop During Holidays
08/14/201218:30:13Icahn Reports Higher Stake in Take-Two
08/14/201218:10:38Icahn Reports Higher Stake in Take-Two, Lower Stake in Commercial...
08/01/201209:36:08US HOT STOCK FUTURES: HOT STOCKS TO WATCH
11/09/201116:48:52US Stocks Decline On Fresh Euro Zone Worries
08/11/201119:32:25NPD: Videogame Industry Retail Sales For July Lowest Since '06
07/15/201109:59:47US Videogame Sales Down 10% In June - NPD Group
06/27/201111:10:09US Supreme Court Rules California Videogame Law Unconstitutional
06/13/201120:03:14May US Videogame Industry Sales At Lowest Level In Almost 5 Years
06/06/201123:44:39Sony Sets Name, Pricing For New Handheld PlayStation

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