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$USB said at the end of 2Q16, $3Bil of the company's commercial loans and $11.3Bil of commitments were to customers in the energy portfolio, which was down from 1Q16. During 2Q16, criticized commitments within the energy portfolio decreased $509MM, while nonperforming loans fell $54MM, mainly driven by paydowns.
$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.