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For 2016, $HBI expects net sales to be $5.8-5.9Bil, approx. 1-3% growth which reflects additional incremental sales from completed acquisitions, the non-recurrence of certain negative impacts in 2015, and contributions from Innovate-to-Elevate platforms. The company expects 2016 adjusted operating profit to be between $920-950MM, a growth of 7-10%.
$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.