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Expenses decreased 11% versus the prior year, driven mainly by a $145MM favorable impact from lower fuel prices. $CSX's ongoing focus on efficiency drove $42MM in productivity gains in 3Q15, while lower volume resulted in over $70MM of cost reduction versus last year. Interest expense was similar to last year and income taxes were $292MM in 3Q15.
$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.