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$XYL said that out of the total $725MM in backlog, $525MM is shippable in 2H16, and the remaining $200MM is expected to ship in 2017. 3Q16 shippable backlog is approx. $365MM, which is down 2% organically vs. 3Q15. This represents approx. 40% of the company's expected 3Q16 sales. $XYL expects 2H16 revenue to rise organically in the range of 2-3%.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.