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Cai von Rumohr of Cowen asks for some color on the order environment and book-to-bill expectations. $SAIC stated it is looking at a modestly favorable outlook for the next five years. $SAIC is confident in its pipeline and competitive win rates and both of these contribute to the conversion of awards to revenue. $SAIC expects strong book-to-bill.
$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.