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CJS Securities analyst Dan Moore follows up asking $JW.A $JW.B what the impact would be on revenue and EPS in FY17 relative to FY16 at current FX rates. CFO John Kritzmacher says that at current rates, the company expects to see still some revenue & EPS erosion, but the erosion would be more on the order of about $10MM revenue & about $0.04 to EPS.
$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.