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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
10/29/201417:50:06Take-Two Raises Outlook on Strong Sales of New Titles
08/05/201417:00:20Take-Two Reports Narrower Loss, Game Delay
05/14/201416:43:25MARKET SNAPSHOT: U.S. Stocks Fall; Dow Breaks 5-day Win Streak
05/14/201411:21:03MARKET SNAPSHOT: U.S. Stocks Edge Lower; S&P 500 Retreats From...
05/14/201410:15:21MARKET SNAPSHOT: U.S. Stocks Fall As Wholesale Prices Jump
02/14/201418:10:47Einhorn's Greenlight Took a New $1 Billion Position in Micron...
02/04/201409:24:54Hot Stocks: Hot Stocks to Watch
11/26/201318:45:28TECH STOCKS: Apple Hits Highest Close In Almost A Year
11/15/201308:46:13Glenview Capital Management 3Q 13F: Holdings As Of Sep 30
11/15/201308:46:08Glenview Capital Management 3Q 13F: Largest Sales
11/15/201308:10:03Icahn Associates Corp. 3Q 13F: Holdings As Of Sep 30
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases
11/15/201307:11:09AQR Capital Management 3Q 13F: Largest Purchases -2-
11/06/201312:05:26Clarification to Activision 'Ghosts' Sales Story
09/20/201313:30:08Take-Two's 'Grand Theft Auto V' Sales Hit $1 Billion
09/19/201308:52:13U.S. Hot Stock Futures: Hot Stocks to Watch
09/11/201316:37:10TECH STOCKS: Apple Losses Take Tech's Center Stage
09/11/201316:03:34TECH STOCKS: Apple Losses Highlight Weakness In Tech Stocks
08/22/201316:58:37TECH STOCKS: H-P Shares Crumble; Microsoft, Yahoo Jumps
07/31/201317:16:43TECH STOCKS: Facebook Turns Red As Tech Stocks Close Mixed

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