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Independent exploration and production company $COP reported 1Q16 net loss of $1.5Bil or $1.18 per share, compared to earnings of $272MM or $0.22 per share in 1Q15. Total revenue and other income was $5.02Bil in the quarter. Excluding special items, 1Q16 adjusted earnings were a net loss of $1.2Bil or $0.95 per share.
$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.