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In FY16, $GPS expects FX rate fluctuations to negatively impact its results, particularly in its foreign subsidiaries in Canada and Japan. $GPS expects net sales translated into US dollars to negatively impact total net sales growth. GM for foreign subsidiaries is expected to be negatively impacted as $GPS' merchandise purchases are in US dollars.
$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.