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Clothing giant $URBN posted 1Q17 net income of $30MM or $0.25 per diluted share vs. $32MM or $0.25 per diluted share in 1Q16. The company's net sales rose 3% vs. 1Q16 to a record $763MM, helped by more compelling product assortments, improved inventory management and stronger marketing.
$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.