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$BIIB announced a corporate restructuring during 2015, which includes the termination of certain pipeline programs and an 11% reduction in workforce. The company anticipates making cash payments totaling approx. $120MM under this program. These amounts will be substantially incurred and paid by the end of 2016.
$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.