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Household and industrial tools maker $SWK reported 1Q16 net income attributable to shareholders of $189.4MM or $1.28 per diluted share, up 16.7% versus $162.3MM or $1.04 per diluted share in 1Q15, helped by higher net sales and lower restructuring charges. Net sales rose 1.6% to 2.7Bil, driven by positive volume and price in the quarter.
$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.