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$MAT 2Q15 PR: Diluted earnings per share were $(0.03) vs. $0.08 in 2Q14. As of June 31, 2015, debt-to-total capital ratio was 45%. As of June 30, 2015, cash and cash equivalents were 300.5MM vs. $518.2MM as of June 30, 2014. Inventories were $853.8MM at 2Q15-end vs. $882.8MM at 2Q14-end.
$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.