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$BBT 2Q15 PR: Revenues were $2,367MM, up $31MM or 1.3% compared to $2,336MM in 2Q14. Net income available to common shareholders was $454MM compared to $424MM in 2Q14. These results were driven by continued strength in fee-based businesses. Net interest margin was 3.27%, down 5BP due to lower rates on new loans & runoff of loans acquired from FDIC.
$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.