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$MRO cuts its quarterly dividend by 76%. Its BoD declared a quarterly dividend of $0.05 per share compared to the previous quarterly dividend of $0.21 per share. The dividend is payable on Dec. 10, 2015, to stockholders of record on Nov. 18, 2015. The adjustment to the dividend is expected to increase annual free cash flow by more than $425MM.
$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.