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$AXP posted a 3% decrease in earnings in 3Q16 compared to last year, hurt by higher spending on growth initiatives and solid progress related to the company's efforts to reduce its cost base. Net income was $1.1Bil or $1.20 per share versus $1.3Bil or $1.24 per share last year. Revenues net of interest expense were $7.8Bil, down 5% from 3Q15.
$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.