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Uniform maker $CTAS reported higher 2Q16 results, helped by divesture of its investment in Shred-it International and top-line growth. $CTAS said net income rose 187% to $345.1MM, or $3.06 per share, and revenue rose 8.5% to $1.22Bil. Organic revenue growth, which adjusts for the impacts of acquisitions and FX rate fluctuations, was 6.5%.
$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.