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$UTX said that it will announce a $1.5Bil multi-year restructuring plan focused on structural cost reductions in high-cost locations, resulting in $900MM of annualized run-rate savings when completed. Actions under this plan are expected to be implemented through 2018. $UTX also added that it expects 2015 restructuring charges of approx. $400MM.
$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.