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$DE, which earlier this month agreed to acquire Precision Planting farm equipment business from $MON, expects 1Q16 sales to be down about 11% versus 1Q15. This includes about 2 points of price realization and about 4 points of unfavorable currency translations. For 2016, $DE expects cash flow to be over $2.5Bil and effective tax rate to be 34-36%.
$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.