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$MJN expects to deliver $75-80MM of savings in 2016, an increase of $15-20MM vs. the original 2016 target. Taking into account the $20MM of savings in 2015, cumulative savings by the end of 2016 are expected to be around $95-100MM. The company is also expects an incremental $60MM of cost savings opportunities by 2018.
$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.