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Industrial and construction fasteners maker $FAST reported a 7% decline in 3Q16 earnings due to higher cost and expenses despite higher sales. Net income slid to $126.9MM or $0.44 per share from $136.5MM or $0.47 per share last year. Net sales grew to $1.01Bil from $995.3MM.
$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.