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Filtration products company $CLC reported net income of $53.3MM or $1.09 per share in 2Q16, an increase of $0.33 per share versus $38.5MM or $0.76 per share in 2Q15. The increase was driven by a $0.37 per diluted share benefit from the patent litigation award. Net sales declined 9% to $365MM compared to last year.
$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.