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Pulp and paper company $IP said 4Q15 net earnings rose 39.1% to $178MM or $0.43 per diluted share versus $128MM or $0.32 per diluted share YoverY, helped by lower expenses. Net sales were $5.4Bil, down 8.4% versus $5.9Bil in 4Q14, negatively impacted by stronger US dollar.
$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.