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Energy infrastructure solutions company $PWR reported a decrease in 2Q16 earnings due to lower revenues, project losses and production issues. Net income was $16.5MM or $0.11 per share in 2Q16 compared to $46.1MM or $0.22 per share in 2Q15. Adjusted diluted EPS from continuing operations was $0.18 in 2Q16. Revenues fell to $1.79Bil from last year.
$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.