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$EV said that compensation expense in 3Q16 was down 2% from the previous year, helped by lower incentive compensation accruals and the decrease in stock-based compensation expense. Expenses related to NextShares, a new type of investment fund which was introduced by $EV, totaled approx. $2.4MM for 3Q16, the company said.
$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.