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Pump manufacturer $FLS reported a rise in its 1Q16 earnings. $FLS said its 1Q16 net income increased to $37.8MM, or $0.29 per share from $27.7MM, or $0.20 per share during 1Q15. Revenue came in at $947MM, down 6.6%. Excluding items, $FLS earned $0.39 per share during the quarter.
$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.