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At March 31, 2016, $RIG had $2.6Bil in cash and cash equivalents. In April 2016, $RIG paid $82MM for open market repurchases of $100MM of certain debt securities. At April 26, 2016, $RIG had no borrowings outstanding, no letters of credit issued, and $3Bil of available borrowing capacity under the 5-year revolving credit facility.
$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.