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During 2Q16, $VMC's selling, administrative and general (SAG) was $13.5MM higher than 2Q15. The company said that a little more than half of the increase was due to the amount & timing of accruals for performance-based incentives & deferred compensation plans. Approx. another quarter of the rise was due to higher salaries and relocation expenses.
$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.