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During 2015, $WY's provision for income taxes fell $188MM compared with 2014, primarily due to lower earnings in its taxable REIT subsidiaries in 2015. $WY also recorded a $13MM tax benefit for the expiration of its built-in-gains tax period due to a change in tax law in 4Q15 and a $28MM tax benefit for the reduction in the deferred tax liability.
$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.