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$MCY's catastrophe losses for 2Q16 increased to $11MM from $7MM in the previous year quarter. The catastrophe losses for 2Q16 were primarily the result of severe storms in Texas and in northern California and that from 2Q15 were primarily the result of tornadoes in Oklahoma and severe storms in the Midwest and Texas.
$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.