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Railroad freight car equipment maker $GBX reported a decline in 3Q16 earnings due to lower backlog, orders and new railcar deliveries in light of growing industry headwinds. Net income fell to $35.35MM or $1.12 per share from $42.81MM or $1.33 per share last year. Revenue dropped to $612.87MM from $714.61MM.
$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.