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U.S. airlines giant $DAL reported a 4% decline in 3Q16 earnings due to technology outage, continued revenue headwinds and volatile fuel prices. Net income fell to $1.26Bil from $1.32Bil last year, while EPS rose to $1.69 from $1.65 on lower weighted average shares outstanding. Adjusted net income was $1.26Bil or $1.70 per share for latest quarter.
$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.