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In 2016, $ZUMZ expects to open 22 new stores in North America, including 6 in Canada, versus original outlook of 27. In Europe, company projects 7 new stores in 2016 versus 6 in 2015. $ZUMZ expects CapEx to be $24-26MM, D&A to be about $29MM, effective tax rate to be about 37.5% and diluted outstanding share count to be about 25MM shares in 2016.
$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.