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Largest nutritional products maker $ABT said it forecasts an adjusted gross margin ratio of around 57% of sales for the full year 2016. The company expects adjusted R&D investment of around 6.5% of sales and adjusted SG&A expense of around 30.5% of sales for the full year.
$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.