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For 2016, $PLD expects core FFO to be $2.50-2.60 per share including promotes. This represents 14% YoverY growth or an increase of $0.32 per share at midpoint. $PLD expects AFFO growth to exceed core FFO growth in 2016. Assuming a normalized annual net promote of $0.05 per share, core FFO will be $2.38-2.46 per share, up 9% YoverY at midpoint.
$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.