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In 1Q16, $MKC recorded $1.6MM of special charges, consisting of exit costs of $1.1MM for organization efficiency and streamline processes in the EMEA region, exit costs of $0.3MM for discontinuance of Kohinoor's rice product lines, and $0.2MM for employee severance and related costs associated with the North America effectiveness initiative.
$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.