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The US District Court determined Tuesday that $COST violated federal trademark laws when it sold engagement rings labeled "Tiffany" that were not made by Tiffany & Co. at its stores. High-end retailer $TIF sued $COST in 2013 over the matter. Court rejected the countersuit filed by $COST that "Tiffany" is a generic term for a pronged ring.
$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.