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Sherri Scribner of Deutsche Bank asks if one should assume that margins for EM are below 4% in 1Q17. CFO Kevin Moriarty said $AVT expects the EM margins to improve sequentially in the neighborhood of 30-40 BP, which is due to the sequential improvement in the Americas, coming off the weaker April and the ERP running more smoothly.
$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.