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$PX said that the company generated operating cash flow of $2.6Bil during 2015. Free cash flow was $1.1Bil, after capital expenditures of $1.5MM. The company invested $82MM in acquisitions primarily in U.S. packaged gas distributors. The company paid dividends of $819MM and repurchased $637MM of stock, while holding net debt steady.
$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.