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In 1Q16, Consumer Foods' net sales were approx. $1.7Bil, which were about flat with a year ago. $CAG's Commercial Foods' net sales were approx. $1.1Bil or up about 4% from a year ago. Discontinued operations posted a loss of $3.23 per diluted share in 1Q16, reflecting the impairment charge related to the pending divestiture of Private Brands.
$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.