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$SWHC said for full year 2016 its CapEx was $29.5MM, which was about $10MM less than projected. In FY17, the company expects to spend approx. $50MM in CapEx, which includes approx. $30MM in maintenance CapEx plus investments in base capacity, tooling for new products and ongoing SAP expense. This also includes the $10MM carryover from FY16.
$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.