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Jefferies & Co. upgraded its rating on shares of Parametric Technology (NASDAQ: PMTC) to buy from hold and increased its price target to $28 from $25.

Hewlett-Packard Co on Wednesday sued a former high-ranking executive who had left to join rival Oracle Corp to stop him from sharing hundreds of documents HP claims he stole from the company.

US stocks ended mixed on Thursday as investors awaited Friday’s Bureau of Labor Statistics (BLS) jobs report and slightly weaker than expected economic reports on jobless claims even as Chicago Purchasing Managers index weighed on the sentiment.

Father of Java James Gosling has joined Google, much to the dismay of Oracle CEO Larry Ellison, even as Google and Oracle slug it out over Java patent infringement lawsuit targeting Android.

Wall Street advanced for a third straight day on Friday, giving the S&P its best weekly performance since early February, but volume remained light as global uncertainty persisted.

US stocks are up on Friday, en route to end positive for the third consecutive session, as investors shrug off global concerns.

Wall Street advanced on Friday with Oracle's upbeat outlook lifting tech stocks, though weak trading volume hinted the rally lacks enthusiasm.

US stocks rallied on Friday on positive economic data and another good earnings report from the technology sector.

Technology stocks led Wall Street higher on Friday after Oracle's upbeat outlook, putting all three major stock indexes on track to end the week in positive territory after two weeks of declines.

Stocks were poised for a higher open on Friday as an upbeat outlook from Oracle boosts technology stocks.

Futures on major U.S. stock indices continued to point to a higher opening on Friday after government data showed that US economic activity grew at a 3.1 percent annual rate in the fourth quarter.

Shares of Oracle Corp rose 5 percent on Friday, a day after the world's third-largest software maker forecast solid sales of new business software, signaling strength against Hewlett-Packard and IBM in data center and cloud computing businesses.

The top pre-market NASDAQ Stock Market gainers are: Biostar Pharmaceuticals, Wet Seal, Zalicus, Oracle, and JetBlue Airways. The top pre-market NASDAQ Stock Market losers are: China Finance Online, Research In Motion, Acacia Research, Universal Display, XOMA, and Netflix.

Stock index futures rose on Friday, supported by technology shares after Oracle gave an upbeat forecast.

The top after-market NASDAQ Stock Market gainers are: Body Central, THQ, Wet Seal, Alkermes, and Oracle. The top after-market NASDAQ Stock Market losers are: Gen-Probe, Research In Motion, Move, Acacia Research, and China Finance Online.

Oracle Corp forecast a 4 to 14 percent rise in sales of new software this quarter and hiked its dividend by a fifth, fueling hopes that a global resurgence in technology spending remains intact.

Oracle Corp beat Wall Street forecasts and raised its dividend 20 percent on Thursday, as the business software maker capitalized on resurgent spending on technology.

Former Hewlett-Packard Co. Chief Executive Officer Mark Hurd wants to keep a letter that he says describes his relationship with a contractor under seal.

Oracle Corp is poised to provide fresh evidence of the upward curve of technology spending on Thursday, and to detail its battle plan against emerging competitor Hewlett-Packard Co as the two tech giants vie to lead the datacenter revolution.

ON Semiconductor recently purchased Sanyo Semiconductor ($1.1 billion in annual revenues) and thus has several thousand employees and several fabs in Japan.

Last week's earthquake and tsunami in northern Japan and its aftermath in the form of nuclear reactor crisis present a near-term disruption for a handful of software companies that have exposure to the region.

Last week's earthquake and tsunami in northern Japan and its aftermath in the form of nuclear reactor crisis present a near-term disruption for a handful of software companies that have exposure to the region.

Last week's earthquake and tsunami in northern Japan and its aftermath in the form of nuclear reactor crisis present a near-term disruption for a handful of software companies that have exposure to the region.

Léo Apotheker, the Chief Executive Officer of PC giant Hewlett-Packard (NYSE: HPQ), is expected to hold an investor briefing on March 14 in San Francisco where he may unveil his much anticipated vision for HP.

Chip maker Advanced Micro Devices (NYSE: AMD) could be an attractive acquisition target for companies, including Broadcom Corp. and Oracle.

Access to the professional networking site LinkedIn was disrupted in China on Thursday, following online calls on other sites for gatherings inspired by protests against authoritarian regimes across the Middle East.

Apple's chief executive Steve Jobs, who is rumored to have been fighting terminal cancer, attended a meeting of tech honchos with President Barack Obama in the outskirts of San Francisco City on Thursday.

Larry Ellison, an American business magnate, co-founder and chief executive officer of Oracle Corporation, has bought the 249-acre estate that once belonged to Yellowstone Club founders Tim and Edra Blixseth called Porcupine Creek in Rancho Mirage, Calif.

The companies whose shares are moving in pre-market trade on Friday are: Big Lots, Tyco International, Tesoro, Ford Motor, Oracle, Expedia, Cephalon, Dean Foods and Kraft Foods.