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$COF said in its Commercial Banking business 2Q16 ending loan balances grew 29% YoverY, including the acquisition of the GE Healthcare finance business. Excluding the $8.3Bil of loans acquired from GE, ending loans grew about 13% over the same time period. Average loans grew 27% YoverY, while average deposits grew 3%. Sales were up 17% from 2Q15.
$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.