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Brett Hundley of BB&T Capital questioned on the growth in snaking and frozen food business despite challenging macro conditions. $TSN CEO Donnie Smith said total snacking grew over 6% YoverY in 1Q16, driven by protein snaking. In frozen category, breakfast and value-added poultry grew faster than total frozen and total food and beverage, he added.
$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.