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For FY16, $CAH now expects total revenue growth in the mid-teens vs. FY15. Weighted avg. share outstanding assumption is now at 332-334MM, down from previous guidance of 335MM. On acquisition-related intangible amortization, assumption is now at $277MM or about $0.52 per share vs. previous $189MM or $0.36 due to acquisitions closed in 1Q16.
$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.