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Jonathan Raviv of CitiGroup asks about cash deployment priorities. $SAIC said it is being consistent with cash and capital deployment. The company has managed through its debt services and has effectively used share repurchases to improve EPS. $SAIC is looking at M&A on a strategic basis but the focus is currently on dividend and share repurchases.
$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.