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$TSO, which operates refineries, reported lower 1Q16 results, hurt by weakness in the oil sector. The company reported first quarter net earnings from continuing operations of $58MM, or $0.48 per diluted share compared to net earnings from continuing operations of $145MM, or $1.15 per diluted share a year ago. Revenue fell to $5.1Bil.
$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.