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Samuel Eisner from Goldman Sachs probes on inventory management going forward. $RBC said it had too much inventory at the end of the year, impacting revenue. Consequently, the company took $18MM of inventory out in 1Q16. $RBC doesn't expect as substantial as 1Q16, but expects ongoing improvement in inventory moving through the rest of the year.
$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.