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$BCR reported effective tax rate of 25.4% in 2Q16, down 60 BPs from prior year. Diluted share count was 75.2MM, and company repurchased about 103,000 shares in the quarter. Cash, restricted cash and short-term investments at 2Q16 end were $1Bil and CapEx was $17.9MM for the quarter.
$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.