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$BWA 2Q15 Call: Due to efficiencies related to investments in the new DCT Plant in China and restructuring plan in Europe, adjusted EBIT as a percentage of sales was down 40BP from a year ago. And Drivetrain segment’s YoverY decremental margin was 53%. Adjusted EBIT declined $13MM on a $24MM decline in 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.