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For FY15, $LLY raised and narrowed its non-GAAP EPS guidance. $LLY reduced its guidance for both marketing, selling, and administrative expense, and R&D and development expense. $LLY expects non-GAAP EPS in the range of $3.40-3.45 per share and GAAP EPS of $2.40-2.45 per share for FY15. FY15 CapEx expectation is lowered to $1.1Bil.
$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.