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Footwear and apparel retailer $GCO reported net earnings of $46.4MM or $2.14 per share in 4Q16 compared to $50.3MM or $2.12 per share in 4Q15. 4Q16 results were hurt by asset impairments and asset write-downs. Net sales increased 4.4% to $932MM from 4Q15.
$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.