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$V 3Q15 Call: Solid quarter with strong revenue and earnings growth against an economic backdrop that continues to be uncertain. Recognized a tax benefit of $280MM, resulted in an effective tax rate of 22% and shifted $0.12 into 3Q15 from 4Q15. Based on the shift, 4Q15 tax rate is expected to be approx. 34% and for the full-year between 29% and 30%
$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.