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In 1Q16, $TYC incurred charges of $22MM in restructuring and repositioning activities, of which $14MM related to restructuring actions. $TYC expects restructuring and repositioning charges in 2Q16 to be about $20MM. For the full year, restructuring and repositioning charges are expected to be $75-100MM.
$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.