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$MAR said owned, leased & other revenue, net of expenses totaled $81MM in 1Q16, up 29% YoverY. For 2Q16, in $MAR legacy business, North American system-wide RevPar is expected to increase 3-5%, reflecting strong group business. International system-wide RevPar is expected to increase 2-4% and owned, lease & other results are expected to be up 25%.
$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.