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$DGX posted higher earnings in 2Q16, favorably impacted by the gain on sale of its Focus Diagnostics products business of $34MM after tax or $0.24 per diluted share. Net income was $195MM or $1.37 per diluted share, compared to $118MM or $0.81 per diluted share last year. Revenue fell 1% from 2Q15 to $1.91Bil. Adjusted diluted EPS was $1.34.
$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.