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Drugmaker $ALXN reported a drop in 4Q15 earnings due to higher costs and expenses as well as continued currency headwinds and macroeconomic factors in Latin American countries. Net income fell to $66.6MM or $0.29 per share from $153.33MM or $0.76 per share last year. Revenue grew to $700.87MM from $599.48MM. Non-GAAP EPS slid to $1.13 from $1.30.
$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.