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Provision for credit losses was $282MM, which was flat vs. 2Q15 and $29MM lower than 3Q14. $USB returned 80% of its earnings to shareholders through dividends and share buybacks in 3Q15 which included $448MM of common stock dividends and $688MM of repurchased common stock. $USB declared dividends per common share of $0.255 vs. $0.245 in 3Q14.
$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.