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At Dec. 31, 2015, $CTL held cash and cash equivalents of $126MM and had about $1.7Bil of borrowing capacity available under its $2Bil amended and restated revolving credit facility. At Dec. 31, 2015, cash and cash equivalents of $62MM were held in foreign bank accounts for the purpose of funding its foreign operations.
$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.