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In 2Q16, $TLRD had a decrease of 61BP in GM, after occupancy. The combined GM at retail brands, other than Jos. A. Bank, was roughly flat to last year and this shows improvement from 1Q16 when the combined margin for these brands was slightly down. The Corporate Apparel business had GM improvement of more than 500BP.
$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.