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During 3Q16, $SAFM's net sales totaled $728MM, down 1.6% vs. $739.9MM in 3Q15. The decrease was due to a fall in average sales prices for poultry products, offset by increased volume. The cost of sales fell 2.3% as an increase in pounds of poultry products sold were offset by lower feed costs. Non-feed related COGS fell $2.04 per pound in 3Q16.
$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.