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MoffettNathanson analyst Mike Nathanson asks $FOXA what the growth range in expenses would be for FY17 between US & international in Cable Networks. CFO John Nallen says that expense growth will be below what was seen in FY16. These were normalized increases from sports contracts, programming investments, especially around political and Fox News.
$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.