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Pediatric nutrition company $MJN reported lower 1Q16 results on higher expenses and a strong dollar. The company reported earnings of $72.7MM, or $0.39 per share, compared with $207.4MM, or $1.02 per share a year ago. Revenue fell 6% to $962.1MM.
$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.