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$MJN 2Q15 Call: FY15 Outlook: Constant dollar growth expected to be 0-2% over 2Q14, with non-GAAP EPS of $3.63-3.78. Specified Items are expected to be $0.07 per share excluding any further mark-to-market pension adjustments. As a result, FY15 GAAP EPS is expected to be $3.56-3.71. Gross margin expected to be 64.5%, 50 BP higher than FY14 guidance.
$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.