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$ENDP expects 2016 adjusted gross margin of about 63-65%, adjusted operating expenses as a percentage of revenues to be about 19.5-20.5% and adjusted interest expenses of about $455MM. Adjusted effective tax rate is expected to be about 9-11%. Adjusted EPS assumes full-year adjusted diluted shares outstanding of about 224MM shares.
$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.