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In 3Q16, $AA had Capex of $275MM. The company ended 3Q16 with $1.9Bil of cash on hand. Cash from operations was $306MM and free cash flow was $31MM. Cash used for financing activities totaled $154MM while cash used for investing activities was $220MM.
$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.