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$MDT expects about $850MM in cost synergies to be achieved as a result of the Covidien acquisition through FY18. Restructuring charges are expected to be incurred on a quarterly basis throughout FY16 and in future FYs, and are anticipated to be primarily related to employee termination costs & costs related to manufacturing/building site closures.
$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.