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Maker of soups and snacks $CPB said in the US consumer spending remains cautious, resulting in consumer takeaway of total food and beverage softening compared to short and longer term comparisons. In 3Q16, organic sales fell 2%, which was below company expectations.
$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.