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At the end of 3Q16, $JNJ had approx. $13Bil of net cash, which consists of approx. $40Bil of cash and marketable securities and approx. $27Bil of debt. Through the end of 3Q16, the company completed nearly 60% of its $10Bil share repurchase program, and expects to complete approx. 75% of the program by the end of 2016.
$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.