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$M's 1Q16 comparable sales on an owned basis fell 6.1% and on an owned plus licensed basis fell 5.6%. Consumer spending weakness in apparel and related categories negatively impacted sales in the quarter. Sales were weaker in handbags, fashion watches, women's shoes, kids, men's furnishings and luggage.
$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.