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Agriculture products company $MON reported a drop in 2Q16 earnings due to glyphosate falls in Agricultural Productivity segment, lower soybean volumes and higher corn costs. Net income slid to $1.06Bil or $2.41 per share from $1.43Bil or $2.92 per share last year. Net sales fell to $4.53Bil from $5.2Bil. Ongoing EPS slid to $2.42 from $2.90.
$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.