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$PNK said its BoD authorized a new $50MM stock repurchase program and the company intends to fund any share repurchases under the new program without increasing its debt leverage profile. $PNK's shares of common stock outstanding as of Aug. 8, 2016 was approx. 57.1MM, down approx. 7.4% as a result of the share repurchases under the initial 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.