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$CSCO said total cash, cash equivalents and investments at the end of 3Q16 were $63.5Bil with $6.3Bil available in the US. The company returned $2Bil to shareholders during the quarter that included $649MM of share repurchases and $1.3Bil for its quarterly dividends, which was increased by 24% in 3Q16.
$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.