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$CXW announced a restructuring of its corporate operations and implementation of a cost reduction plan. $CXW expects that 50 to 55 full time positions will be eliminated as a result of the restructuring, or about 12% of corporate workforce at its headquarters. $CXW expects to report a charge in 3Q16 of about $4MM associated with restructuring.
$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.