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Footwear retailer $CAL reported an increase in 2Q16 earnings helped by higher margins. Net income was $19.7MM or $0.46 per share in 2Q16 compared to $16.8MM or $0.38 per share in 2Q15. Net sales were $622.9MM, down 2.3% due to a challenging retail environment.
$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.