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In 4Q15, $NAVI said its net interest income fell 12% to $536MM, mainly due to a reduction in Private Education Loan net interest income resulting from a decline in loan balance and net interest margin, as well as reduction in net interest margin on FFELP loans. Other income rose 58% to $271MM.
$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.