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$PG 4Q15 Call: FY16 core effective tax rate expectation about 24%, about 3 points higher than FY15 rate mainly due to lower benefits from audit resolutions. PG will retire shares at a value of approx. $8-9Bil through combination of direct share repurchase and shares that will be exchanged in Duracell transaction, which is to close in calendar 1Q16.
$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.