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$ITW's 3Q15 annualized adjusted return on average invested capital increased 140 BPs to 21.5% from 20.1% last year. This was mainly due to a 7.3% decrease in adjusted average invested capital. Cash and equivalents were approx. $3Bil as of Sept. 30, 2015 and $4Bil as of Dec. 31, 2014, principally all of which was held by international subsidiaries.
$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.