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Banking giant $C reported a jump in 4Q15 earnings on higher revenue and lower operating expenses. Net income climbed to $3.34Bil or $1.02 per share from $344MM or $0.06 per share last year. Revenue grew 3% to $18.46Bil, on 61% growth in Citi Holdings, partially offset by 2% fall in Citicorp revenue. Adjusted EPS soared to $1.06 from $0.06.
$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.