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$STZ's gross margin for FY16 increased to 44.9% from 42.8% in the previous year. The increase was primarily due to lower Beer and Wine and Spirits' cost of product sold, the favorable impact from Beer pricing in select markets and the acquisitions of Meiomi and Ballast Point.
$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.