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For FY17, $DRI has started ramping up the development pipeline for future sites and the company anticipates to open 24-28 new restaurants. The company expects to complete at least 60 Olive Garden remodels with an investment of between $250,000-450,000 each. Total CapEx is expected to be $310-350MM for FY17.
$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.