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$FLS, a maker of pumps, valves and seals, said that the company had now combined its $350MM accelerated manufacturing optimization strategy, which was announced in 4Q15 and the nearly completed $50MM SIHI realignment effort into a single initiative. $FLS expects to generate $230MM in annualized cost reductions, once completed at the end of 2017.
$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.