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$MCD 2Q15 PR: Sales by Company-operated restaurants were $4.26Bil vs. 4.79Bil in 2Q14. Revenues from franchised restaurants were $2.24Bil vs. $2.4Bil in 2Q14. Returned $2.5Bil to shareholders through share repurchases and dividends, bringing YTD return to shareholders to $3.9Bil. MCD plans to refranchise about 3,500 restaurants.
$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.