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$FTI said that it expects to incur additional restructuring costs of approx. $25-30MM in total over the coming quarters as further restructuring actions are taken, primarily in Subsea Technologies segment. The headcount reductions and other restructuring actions will be more significant than previous one, said the company.
$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.