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Deutsche Bank analyst Mario Contreras questions about the revenue management initiatives. $K says that it had a significant benefit in price realization and what was called a volume-to-value model orientation. The company intends to bring back this orientation to focus on price mix, which been lagging for a few years.
$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.