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Climate control solutions provider $LII realized strong margin expansion and profit growth across all three businesses in 2Q16, which set new record highs for the company. Operating income rose 23% to $161MM and operating margin expanded 260BP to 15.8%. Total segment profit rose 20% to $161MM and total segment margin expanded 230BP to 15.8%.
$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.