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$CUB expects FY16 consolidated sales to be $1.435-1.455Bil and adjusted EBITDA to be $112-120MM, both below the previous guidance range. GAAP EPS and EBITDA are also expected to be below previous guidance. Sales, EBITDA, Adjusted EBITDA and GAAP EPS were lower than expected in 4Q16 mainly due to funding delays for certain higher margin orders.
$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.