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Stifel Nicolaus analyst Annabel Samimy questioned on balancing the cash generation. $ENDP said that investing in R&D pipeline both in XIAFLEX as well as Par are going to be the priority, which will be balanced and will be the most important uses of cash. The company said it will look for bolt-on acquisition in future when it has excess of cash.
$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.