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$CVG said that its profit margins continue to expand in 1Q16. Adjusted operating income rose 8% and operating margin improved 90 BP. The improved profitability is partly due to company-wide effort over the past year to deploy state-of-the-art workforce management tools, network infrastructure and several new corporate information systems.
$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.