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$MO expects 2016 adjusted EPS of $3.00-3.05, which represents a growth rate of 7-9% from adjusted EPS base of $2.80 in 2015. $MO predicts that its 2016 full-year effective tax rate on operations to be 35.3%. The cigarette maker sees capital expenditures for 2016 of $140-180MM and depreciation and amortization of about $200MM.
$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.