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In 4Q15, $DISCA repurchased 13.4MM shares of its Series C stock at $27.99 per share, for a total of $375MM. In total, company spent $951MM on share repurchases in FY15. $DISCA has repurchased 115MM shares of Series C and 2.8MM shares of Series A stock to date at an average price of $27.02 per share on a split-adjusted basis.
$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.