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$AZZ's revenues for the Galvanizing Segment for 2Q17 fell 5.8% from last year. Operating income dropped to $15MM from $25.3MM last year and was negatively affected by realignment charges of $7.3MM taken during the quarter. As a result, operating margins tumbled to 15.4% from 24.5% a year ago.
$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.