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$BSX's selling, general and administrative (SG&A) expenses for 1Q16 increased by 7% from last year and were 130 basis points lower as percentage of net sales. The decline in SG&A as percentage of sales was due to recent suspension of medical device tax, as well as targeted initiatives that have been focused on reducing SG&A.
$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.