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Independent power producer $CMS said that the company's Board approved a 7% dividend increase raising it to $1.24 per share. This resulted in a competitive payout ratio of 62%. The company said that customer satisfaction rose to first quartile for both residential, electric and gas customers. Safety incidents are down 79%.
$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.