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Maker of surgical devices and systems $MDT said that during FY16, it closed 14 additional acquisitions totaling $1.5Bil. The company delivered record FY16 revenue of $28.8Bil and non-GAAP diluted EPS of $4.37, the latter being in the upper half of the guidance range established earlier. This represented constant currency growth of 15%.
$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.