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$VZ 2Q15 Call: Operating cash flow was $8.7Bil vs. $10.2Bil in 1Q15. Wireless equiment installment receivables received $1.2Bil in cash proceeds. Free cash flow, exluding tower proceeds was $8.4Bil in 1H15. CapEx $4.5Bil in 2Q15 and $8.2Bil in 1H15. At 2Q15-end, gross debt $113.7Bil, net debt $110.7Bil & net debt to adj. EBITDA ratio was 2.5X.
$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.