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Property & casualty insurance company $CINF said it is pleased to report satisfactory operating performance, despite 2Q16 catastrophe loss effects that were slightly higher than the long term avg. $CINF added, higher investment income for 1H16 offset a small decline in property casualty underwriting profit, leading to a 3% rise in operating income.
$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.