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$LGF expects over $200MM in annual cash savings related to the proposed acquisition of Starz. With respect to the operating cost savings across the combined company, the company expects those to exceed $50MM on an annual run rate basis. The company expects the incremental tax savings on average to exceed $150MM per year through FY21.
$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.