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Package delivery company $UPS posted higher 1Q16 net earnings of $1.13Bil or $1.27 per diluted share vs. $1Bil or $1.12 per diluted share in 1Q15. Total revenue rose 3.2% to $14.4Bil vs. 1Q15. The growth in revenue growth was slowed by lower fuel surcharges and currency exchange rates. On a currency-neutral basis, revenue increased 3.7%.
$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.