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$LH, which competes with $DGX and $BRLI, said that during 4Q15, effective tax rate was 38.5%, higher than 36.1% in 4Q14, due to the taxable nature of certain restructuring charges. The company invested $43MM in acquisitions and paid down $250MM of debt, reducing the its leverage to 3.6 times debt-to-last 12 months pro forma EBITDA.
$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.