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In Services segment, $XRX retained the top position in Quocirca's Managed Print Services Market Landscape Report for the sixth consecutive year. In Document Technology, margin was strong and within the guidance range of 11-13%. GM was down 130 BP YoverY at 30.9%, driven by lower technology equipment GM and greater mix of services.
$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.