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Consulting giant $ACN reported a fall in 1Q16 earnings due to lower benefits related to final determinations and other adjustments to prior-year taxes. Earnings slid to $818.9MM or $1.28 per share from $831.53MM or $1.29 per share last year. Revenue rose by 1% to $8.47Bil, which exceeded its guidance range of $7.7-7.95Bil.
$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.