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Aerospace and defense company $LMT posted higher 4Q15 net earnings of $933MM, up 3.2% or $3.01 per diluted share compared to 4Q14 helped by higher net sales. Net sales was $12.9Bil, up 3.2% compared to $12.5MM in 4Q14. The company announced agreement to separate and combine government IT and technical services businesses with Leidos Holdings, Inc.
$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.