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$PX said that it achieved 25% operating cash flows as a percentage of sales and trimmed its capital expenditure by 9% from prior year. During 2015, the company also raised the dividend by 10% as part of $1.5Bil return to shareholders in dividends and stock repurchases. The company achieved this without using leverage as it held net debt flat.
$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.