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For 3Q15, $CBS's free cash flow was an outflow of $289MM compared with an outflow of $400MM in 3Q14. Operating income of $753MM grew from adjusted operating income of $746MM for the same prior-year period. This increase reflects growth in high-margin affiliate and subscription fee revenues, which were offset by lower profits from TV licensing.
$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.