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$BAX's effective income tax rate for continuing operations was 28.2% in 2Q15, up from 22.3% in 2Q14. The tax rate increased primarily as a result of a valuation allowance rise related to a foreign affiliate as well as certain tax audit developments, including tax costs associated with internal restructurings related to $BAX's spin-off of Baxalta.
$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.