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$AZZ's incoming orders for 1Q17 were $250.5MM while shipments totaled $242.7MM, resulting in a book to ship ratio of 1.03. In 1Q16, incoming orders were $215.2MM, resulting in a book to ship ratio of 0.94. $AZZ's backlog at end of 1Q17 increased 11% to $354.2MM from last year. About 25% of backlog is expected to be delivered outside the U.S.
$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.