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$BMI said BoD approved a 15% increase in the quarterly cash dividend payment, from $0.20 to $0.23 per share, based on pre-split shares, payable Sept. 15, 2016 to shareholders of record on Aug. 31, 2016. The BoD approved a 2-for-1 stock split in form of a 100% stock dividend, payable on Sept. 15 to shareholders of record on Aug. 31.
$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.