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On May 6, 2014, $MDLZ's BoD approved a $3.5Bil restructuring program with the main objective of reducing operating cost structure in both supply chain and overhead costs. Since inception, company has incurred total restructuring and related implementation charges of $1.6Bil. $MDLZ expects to complete the program by end 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.