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3Q15 tax rate was 38.4% vs. 39.1% in 3Q14. For the full-year 2015, $GWW expects effective tax rate to be approx. 37.2-37.6%. At quarter-end, $GWW had 10.3MM shares remaining on the share repurchase authorization after it bought back 3.4MM shares of stock for a price of $735MM.
$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.