Want to join the conversation?
Operator of retail home improvement stores $LOW posted higher 2Q16 earnings due to higher pre-tax earnings and comprehensive income. Net income was $1.16Bil or $1.31 per diluted share vs. $1.12Bil or $1.20 per diluted share in 2Q15. Net sales rose 5.3% to $18.3Bil vs. 2Q15, with comparable sales for the US home improvement business rising 1.9%.
$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.