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Agriculture products company $MON reported a drop in 3Q16 earnings due to restructuring charges, environmental and litigation matters and Argentina tax charges. Net income fell to $717MM or $1.63 per share from $1.14Bil or $2.39 per share last year. Net sales declined to $4.19Bil from $4.58Bil. Ongoing EPS decreased to $2.17 from $2.51.
$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.