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$LM FY15 10-K: The effective tax rate was 34% vs. 32.8% in FY14. The provision for income taxes was $125.3MM vs. $137.8MM in FY14. Interest expense increased 10.2% to $58.3MM vs. $52.9MM in FY14. Interest income grew 17.2% to $7.5MM vs. $6.4MM in FY14, driven by higher yields earned on investment balances.
$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.