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In FY16, $HRB's revenue decreased 1.3% to just over $3Bil, primarily due to lower tax return volumes. DIY tax preparation revenues increased 1.1% to $234MM despite a reduction in return volume. Free cash flow declined 14% to $432MM and adjusted EPS was $1.59.
$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.