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As a result of the spin-off of Baxalta on July 1, 2015, $BAX is re-evaluating its assertions relating to prior earnings outside the U.S. that were previously deemed indefinitely reinvested. $BAX expects to amend certain assertions and, as a consequence, may record a significant tax charge in 3Q15.
$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.