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$KELYA $KELYB said it expects revenue for 3Q16 to be up 1.5-2.5% in constant currency. The company expects the gross profit rate to be up 50-70 BPs YoverY with approx. 20 BPs due to the APAC JV formation, overall equivalent to a total gross profit dollar growth of 3.5-4.5%. SG&A expense is expected to be up only 1.0-1.5% in 3Q16.
$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.