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In 2Q16, $CHRW had just over $143MM in cash flow. Capex was $26.2MM. The company expects Capex to finish the year between $70-80MM. Total debt was $965MM and total cash was $207MM at 2Q16-end. $CHRW returned approx. $88MM to shareholders in 2Q16 with $63.6MM in dividends and $23.9MM in share repurchases.
$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.