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Hopkins, Minnesota-based $UNH said medical costs were well managed and controlled in health benefits. The company added that its consolidated care ratio was 81.7 in 1Q16. Prior year reserves developed favorably by $360MM in 1Q16 and medical days claims payable increased 4 days YoverY to 51 days. Cash flows were $2.3Bil or 1.4 times net income.
$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.