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$SFM said its BoD authorized on Sept. 6, 2016 a $250MM common stock share repurchase program. The company had completed its previous $150MM share repurchase authorization during 2Q16 and currently has about 148.5MM shares of common stock outstanding. The $250MM authorization represents about 7.4% of common shares outstanding at current stock price.
$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.