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IT management software maker $CA posted 4Q16 net income of $174MM or $0.42 per diluted share vs. $151MM or $0.34 per diluted share in 4Q15. Non-GAAP EPS was $0.60. Revenue fell 1% to $1Bil vs. 4Q15, hurt by an unfavorable FX effect of $28MM. Acquisitions of $RALY and Xceedium, Inc. contributed approx. 3 points of revenue growth.
$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.