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During 2Q16, $CNC's Health Benefits Ratio (HBR) was 86.6%, down from 89.1% in 2Q15. The decrease was mainly due to the acquisition of Health Net that operates at a lower HBR as a result of higher mix of commercial and Medicare business. The company said that HBR also fell sequentially due to normal seasonality and the acquisition of Health Net.
$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.