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$CHS, which owns brands like Chico's, White House Black Market and Soma, said that 1Q16 sales and earnings were well below the company's expectations. Results were hurt by a broad cross-section of retail and short traffic slowdown beginning in March. Sales of knits and sweaters were weaker as fashion trends have been shifting from knits to woven.
$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.