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$HAS's cost of sales fell 4% from $602.77MM or 41% of net revenues in 3Q14 to $579.15MM or 39.4% of net revenues in 3Q15. The reduction in cost of sales mainly reflects favorable product mix. Foreign exchange hedges related to product purchases and pricing increases helped to offset the impact of foreign currency fluctuations.
$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.