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Insurance and retirement business operator $LNC reported a decline in 2Q16 earnings due to a decline in total average account balances and lower revenues. Net income slid to $325MM from $344MM last year, while EPS remained flat at $1.35. Operating revenues fell to $3.4Bil from $3.42Bil. EPS from operations rose to $1.56 from $1.46.
$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.