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$MNST said that 2Q16 results were positively impacted by the accelerated recognition of deferred revenue of $5MM and negatively impacted by the modified Dutch tender stock repurchase expenses of $1.5MM, AFF transaction costs of $3.6MM and distributor termination costs of $25.3MM. Net sales were adversely affected by unfavorable changes in FX rates.
$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.