Want to join the conversation?
$EMR expects tough market conditions to remain through the first six to nine months of 2016 and forecast its FY16 net sales to decline about 6-8%. Underlying sales to be down about 2-5%, excluding negative FX of about 2% and 2% deduction from divestitures. On an adjusted basis, EPS is expected to be approx. $3.05-3.25 compared to $3.17 in 2015.
$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.