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$MSI, which acquired U.K.-based Airwave Solutions Ltd recently, said that it expects 2Q16 sales growth to be 1-3%. Airwave revenue is expected to be around $130MM. For 2Q16, non-GAAP EPS is expected to be $0.82-0.88. In 1Q16, $MSI repurchased $64MM of stock. The lower buyback levels were primarily due to Airwave transaction.
$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.