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Drugmaker $ALXN reported a decline in 2Q16 earnings due to higher interest expense and a rise in income tax expense. Net income fell to $114.94MM or $0.51 per share from $170.22MM or $0.83 per share last year. Total revenues grew to $753.12MM from $636.21MM. Non-GAAP EPS decreased to $1.13 from $1.30.
$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.