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For 2016, $HBI expects the Champion Europe and Pacific Brands acquisitions to contribute $800MM in net sales and $70MM in operating profit. Company expects to incur $160MM pretax charges related to debt refinancing and the acquisition and integration of Hanes Europe Innerwear, Knights Apparel, Champion Japan, Champion Europe and Pacific Brands.
$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.