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$JCP 2Q15 Q&A: Boss from JPMorgan asked about delta today between private label and national band gross margins. Ed replied our private brand margins today are slightly above our national level. Clearly, we are looking to get that back up to 300-400 BPs range above that. We think we can do that over the next two years.
$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.