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During 2Q16, $FLO's consolidated price/mix fell by 0.5% due to declining price/mix in the non-retail channel, partially offset by positive price/mix in branded retail. Adjusting for pension rederisking settlement in 2Q16 and the asset impairment last year, EPS rose 4% or $0.01 to $0.26. Adjusted EBITDA rose 5.2% to $118.7MM or 12.7% of sales.
$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.