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$ABC 3Q15 Call: Adjusted operating income was $455MM, up about $52MM. Adjusted operating margin was 1.33%, up 3 BP due to having MWI as they have a higher margin profile than core drug businesses. Interest expense net was about $28MM and roughly half of the quarterly expense was related to MWI acquisition financing.
$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.