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Effective income tax rate of $PDCO increased significantly by 70% YoverY to 59.9% driven mainly by transaction related costs and the 1Q16 cash repatriation impact. $PDCO's previous credit facility of $300MM due to expire in Dec. 2016 was terminated and replaced by the revolving line of credit under the Credit Agreement on June 16, 2015.
$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.