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$FOSL's income tax expense in 1H15 was $41.4MM, which resulted in an effective income tax rate of 29.8%. The tax rate decreased from 1H14's 31.2%, which was mainly attributable to the recognition of income tax benefits due to the settlement of audits. 2Q15 total OpEx as a percentage of net sales was 45.8%, down from 46.5% in 2Q14.
$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.