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Specialty retailer $AEO posted higher 2Q16 results helped by higher sales and operating income. $AEO said net income rose 25% to $41.59MM or $0.23 per share from $33.27MM or $0.17 per share a year ago. Total net revenue increased 3.15% to $822.59MM from $797MM a year ago.
$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.