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For 2016, $CMA expects average loans to be higher than 2015. Net interest income and provision for credit losses are expected to be higher, with net charge-offs for remainder of 2016 of 45-55 BP. Noninterest income and noninterest expense are expected to be higher in 2016. $CMA expects income tax expense to be about 32% of pre-tax income.
$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.