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$L said that it ended the year with $4.3Bil in cash and investments, having spent $1.3Bil during 2015. The company repurchased more of its own shares in 2015 than any year since 1993. For the full year, parent company after tax investment income fell to $16MM in FY15 from $63MM YoverY, indicating lower performance of equities and alternatives.
$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.