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$JCI 3Q15 Call: Trade working capital as a percentage of sales down 110 BPs YoverY. Net debt to cap 40.7% at 3Q15-end; expects percentage to be in low to mid-30s by FY15-end. In 4Q15, expects to receive about $1.3Bil in net proceeds from sale of GWS business to CBRE. Targets approx. $1.5Bil in free cash flow for FY15. 4Q15 diluted EPS $1.00-1.03.
$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.