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$OI 2Q15 Call: Our segment operating profit was $187MM, down from $262MM in the prior year. As expected, stronger USD weighed heavily on operating profits. The results were impacted by cost inflation, effect of engineering activity on production & prior year one-time items. Adjusted EPS was $0.60 compared to $0.65 in 2Q14 in constant currency.
$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.