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Thursday 28 May 2015
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Why E2open Inc. (NASDAQ:EOPN) Gives Sharp Strike In Opening Trade Thursday? Tableau Software, (DATA), Sprint, (S), Microchip Technology, (MCHP), Google, (GOOGL)

U.S. stocks opened higher on Thursday.

The S&P 500 gained 10 points, or 0.5%, to 2051.

The Dow Jones Industrial Average rose 86 points, or 0.5%, to 17758.

Technology stocks progressed extensively on Wall Street, with the segment seeing a general increment of 0.5%.

Technology bunches outside London and the south east think that it more hard to draw in venture and get exhortation on the most proficient method to maintain their organizations. Accesses to ability and broadband paces are likewise entering issues influencing development in the UK’s technology and computerized parts.

The points of interest originate from another Tech City report into the UK’s technology industry. The openly financed association took a gander at 21 bunches here and there the UK, from Brighton in the south to Dundee in Scotland.

Following technology stocks are surging during an opening trade Thursday.

Top Mover: E2open Inc(NASDAQ:EOPN) skyrocketed 39.66% at $8.53 in an opening trade.

Reason: E2open declared that it has entered into a definitive merger contract whereby Insight Venture Partners (“Insight”), a leading global private equity and venture capital firm, will attain E2open in a transaction valued at about $273 million.

E2open, Inc. provides cloud-based, on-demand software solutions for supply chain management.

Shares of the Tableau Software Inc(NYSE:DATA) inclined SMA 20 with 16.83% and above SMA 50 with 16.21%. The stock showed a positive movement of 13.10% to end at $95.24.

Tableau Software declares that Tom Walker, CFO, will present at The Goldman Sachs Technology and Internet Conference at The Palace Hotel in San Francisco, California on Tuesday, February 10, 2015 at 2:00 PM PT.

Tableau Software, Inc. provides various business analytics software products in the United States, Canada, and internationally.

Sprint Corp(NYSE:S) trades in a 52-week range of $3.79 to $9.76 with shares fatalistic 4.15% at $4.77 in an opening trade., soon after Sprint stated operating results for the third fiscal quarter of 2014, comprising adding nearly 1 million Sprint platform connections – a 42 percent increase year-over-year – as customers responded positively to the company’s new value proposition.

Sprint Corporation provides wireless and wireline communications services to consumers, businesses, and government users in the United States, Puerto Rico, and the U.S. Virgin Islands.

Microchip Technology Inc.(NASDAQ:MCHP) enhances 3.32% at $47.94, after Microchip declared that its Board of Directors has declared a quarterly cash dividend on its ordinary stock of 35.7 cents per share. The dividend is payable on March 9, 2015 to stockholders of record on February 23, 2015.

Microchip Technology Incorporated develops, manufactures, and sells semiconductor products for various embedded control applications.

Shares of Google Inc(NASDAQ:GOOGL) surges 0.20% to $527.13 in Thursday’s opening market activity moving within a 52-week trading range of $490.91 - $615.42, as On Wednesday, Google and Twitter came into an agreement that Tweets in the coming months will be more researchable. This deal remains under trial ‘between’ 2009 to 2011; and engineers from both companies are working on the technical aspects of execution formerly, but not each one at Twitter was involved with this agreement. According to the reports, Former Twitter COO Ali Rowghani was against the execution of the deal again, arguing that Twitter should keep control of its content.

But in the next few months, tweets will become more prominent in Google search results, creating opportunities for businesses to lift up their profiles on Google by tweeting. The deal gives Google access to Twitter’s firehose, a stream of data output by Twitter’s 284 million users, per the report. There is no advertising proceed at stake in the deal. The news comes just after Twitter’s Thursday earnings report.




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