Morning Alert : eLong (NASDAQ:LONG), GSI Technology (NASDAQ:GSIT), TAL Education Group (NYSE:XRS), Atlas Financial Holdings, Inc. (NASDAQ:AFH), Curis, Inc. (NASDAQ:CRIS)

Technology Stocks News 16

eLong, Inc. (NASDAQ:LONG), a leading mobile and online travel service provider in China, on 07 Aug 2014 reported unaudited financial results for the second quarter ended June 30, 2014. Hotel room nights stayed in the second quarter increased 44%  to 8.3 million room nights compared to 5.8 million in the prior year period. Hotel commission revenue for the second quarter increased 28% to RMB254.1 million (US$41.0 million), compared to RMB198.6 million (US$32.4 million) in the second quarter of 2013. Net revenues for the second quarter increased 25% to RMB292.4 million (US$47.1 million), compared to RMB234.3 million (US$38.2 million) in the second quarter of 2013. Total revenues for the second quarter increased to RMB312.4 million (US$50.4 million). Mobile bookings comprised 45% of eLong brand room nights* in the second quarter. Cumulative downloads of eLong mobile apps now exceed 80 million. eLong Inc. (NASDAQ:LONG) belongs to Technology sector. Its net profit margin is -19.60% and weekly performance is 3.49%. On last trading day company shares ended up $18.39. eLong Inc. (NASDAQ:LONG) distance from 50-day simple moving average (SMA50) is -4.36%.

GSI Technology, Inc. (NASDAQ:GSIT) on 20 Aug 2014 announced that it has received from GigOptix, Inc. an unsolicited, non-binding and conditional proposal to acquire the company for per share consideration of $6.50 per share consisting of a combination of cash and GigOptix common stock. GSI Technology Inc. (NASDAQ:GSIT) shares advanced 0.82% in last trading session and ended the day at $5.53. GSIT Gross Margin is 44.60% and its return on assets is -4.90%. GSI Technology Inc. (NASDAQ:GSIT) quarterly performance is -1.51%.

TAL Education Group (NYSE:XRS) last announced its earnings results on Monday, July 21st. The company reported $0.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.17 by $0.05. The company had revenue of $89.00 million for the quarter, compared to the consensus estimate of $86.90 million. During the same quarter last year, the company posted $0.13 earnings per share. TAL Education Group’s revenue was up 45.0% compared to the same quarter last year. On average, analysts predict that TAL Education Group will post $1.04 earnings per share for the current fiscal year. On 04 September, TAL Education Group (NYSE:XRS) shares fell -1.92% and was closed at $34.26. XRS EPS growth in last 5 year was 72.30%. TAL Education Group (NYSE:XRS) year to date (YTD) performance is 55.80%.

Atlas Financial Holdings, Inc. (NASDAQ:AFH) has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increase, no decrease), and the consensus for earnings hasn’t been in a trend either. AFH currently has a Zacks Rank #4 (Sell). Atlas Financial Holdings, Inc. (NASDAQ:AFH) ended the last trading day at $13.96. Company weekly volatility is calculated as 3.10%and price to cash ratio as 3.90. Atlas Financial Holdings, Inc. (NASDAQ:AFH) showed a weekly performance of -2.99%.

Curis, Inc. (NASDAQ:CRIS) CEO Ali Ph.D. Fattaey bought 62,890 shares of Curis stock in a transaction dated Wednesday, August 27th. The shares were purchased at an average price of $1.60 per share, for a total transaction of $100,624.00. Following the completion of the purchase, the chief executive officer now directly owns 65,890 shares in the company, valued at approximately $105,424. Curis, Inc. (NASDAQ:CRIS) shares advanced 1.23% in last trading session and ended the day on $1.65. CRIS Gross Margin is 98.00% and its return on assets is -17.60%. Curis, Inc. (NASDAQ:CRIS) quarterly performance is 0.00%.

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