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$EL invested $90MM in CapEx primarily to support new retail stores and counters. The company utilized $387MM in cash to repurchase approx. 4.7MM shares of stock, nearly double the amount purchased during 1Q15. $EL paid $90MM in dividends to stockholders and announced another 25% increase in the dividend rate.
$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.