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Corrugated packaging company $WRK said 1Q16 net sales rose 46.4% versus 1Q15, mainly due to the RockTenn and MWV combination and the SP Fiber acquisition that together contributed $1.3Bil of net sales. In 1Q16, company recorded a $478.3MM pre-tax and after-tax non-cash Specialty Chemicals goodwill impairment charge.
$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.