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For FY16, $VIAB expects growth in affiliate revenues to be in the low mid single digit range. $VIAB expects Media Networks programming expense growth rate to be in mid single digits. The company is forecasting a booked tax rate of approx. 32.8% in 2016.
$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.