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For FY17, $BF.A $BF.B expects cost increases to slightly increase more and offset the improvement through the price mix in the year. The company expects the SG&A cost containment effort to allow it to deliver leverage to the operating income line in FY17 resulting in 7-9% in underlying operating income.
$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.