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Investment management firm $LM said its preliminary assets under management (AUM) were $651.5Bil as of Jan. 31, 2016. AUM in Jan. 2016 included preliminary long-term net outflows of $5.8Bil, consisting of fixed income outflows of $3.8Bil & equity outflows of $2Bil. Liquidity outflows were $2.8Bil & Jan. AUM included $1.7Bil in negative FX impact.
$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.