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$KSS 2Q15 Call: Higher IT amortization was the primary reason for $11MM increase in depreciation expense for the quarter. Interest expense was $84MM for quarter, essentially flat to last year. We incurred a loss on extinguishment of debt, which represents the premium paid to bond holders related to $767MM cash tender offer completed this quarter.
$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.