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$BKE said its 1H16 net income was $38.6MM or $0.80 per diluted share compared to $57.1MM or $1.18 per diluted share in 1H15. Net sales for 1H16 decreased 10.2% to $455.7MM from $507.4MM in 1H15. Comparable store net sales fell 10.9% from the same period last year, and online sales decreased 0.9% to $43.9MM in 1H16.
$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.