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$MDLZ's capex reduced $128MM to $1,514MM in 2015 when compared to a year ago. The 2015 capex was made primarily to modernize manufacturing facilities and support new product and productivity initiatives. The company expects 2016 capex to be up to $1.5Bil, including capex required for investments in systems and the 2014-2018 Restructuring Program.
$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.