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In FY15, $FLS spent $80MM of its $125MM realignment program. Company announced the expansion of the program, and expects about $270MM additional charges through 2017. Including 2015 amounts, the program is expected to reduce cost structure by about $215MM annually when complete. $FLS expects cost savings of $125MM in 2016 and $185MM in 2017.
$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.