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On the 787 program, $BA has decided not to invest funds for refurbishment and sale of 2 remaining unsold aircraft. Costs associated with these were reclassified from the 787 program inventory to R&D expense, resulting in a non-cash after-tax charge of $847MM or $1.33 per share.
$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.