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Heating and ventilation systems maker $JCI reported a rise in 3Q16 earnings driven by higher segment income and a rise in segment margins. Net income rose to $459MM or $0.59 per share from $207MM or $0.27 per share last year. Net sales slid to $9.52Bil from $9.61Bil. Adjusted EPS grew by 18% to $1.07.
$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.