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Specialty chemicals company $SCL reported a 18% drop in 3Q16 earnings due to deferred compensation expense as well as lower sales volumes in Latin America and Europe. Net income fell to $20.43MM or $0.89 per share from $24.91MM or $1.09 per share last year. Net sales rose to $445.03MM from $444.01MM. Adjusted EPS increased 15% to $1.06.
$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.