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During 3Q16, $URBN's SG&A expenses as a percentage of sales decreased by 23 BPs compared to a year ago. The decrease was due to lower incentive based & share-based compensation expense, as well as FX translation, which were partially offset by an increase in technology related expenses used to support $URBN's direct-to-consumer channel investments.
$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.