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UBS analyst Mike Binetti asks how much of Calvin Klein's implied revenue decline of 6% is non-recurring items that's holding back the growth rate for 4Q16. $PVH says that in 3Q16, it will execute on Mexico agreement at Calvin Klein that will move this business to a JV. The company will have about $40MM revenue hit in 2H16.
$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.