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$HBHC, the holding company of Whitney Bank and Hancock Bank, reported a rise in 3Q16 earnings driven by cost savings and lower level of taxes. Net income rose to $46.72MM or $0.59 per share from $41.17MM or $0.52 per share last year. Net interest income grew to $163.51MM from $156.83MM and non-interest income increased to $63.01MM from $60.21MM.
$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.