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$LM said that it restarted the buyback on March 22, and retired almost 800,000 shares. The company said that it actually repurchased 1.4MM shares, as the other 600,000 did not settle during 4Q16. As a result, the 600,000 shares cannot be counted as retired until 1Q17. In total, $LM deployed $48MM of $60MM target for 4Q16.
$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.