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$DRI expects the mandated minimum wage increases, effective January 1, to inflate its hourly wage rates by 1.2%. Each brand will be impacted differently based on geography. The overall impact at $DRI is mitigated given its geographic diversity. $DRI will find productivity enhancements through simplification efforts to manage future wage inflation.
$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.