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$AXP's $750MM subordinated debentures, which prior to 2014 were fully included in Tier 2 capital, do not meet the requirements of Tier 2 capital under Basel III. At the company's option, the subordinated debentures are redeemable for cash on or after Sept. 1, 2016 at 100% of the principal amount plus any accrued but unpaid interest.
$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.