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John Pancari of Evercore asks about expense management. $PNC said the investments being made in technology is helping to take costs out of back-office and processing. $PNC believes that long-term expense savings come through structural change in the company and it will work through this over the coming years without slowing down on investments.
$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.