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For 2Q16, $PNC expects modest growth in loans and modest increases in net interest income. $PNC expects fee income to be up 10-12% reflecting the higher anticipated business levels in 2Q16. Expenses are expected to be up in the mid-single digits and provision is expected to be between $125-175MM.
$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.