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$CBS, the owner of the Showtime cable network and the CBS broadcast-television network, said that 2016 will be a strong year in terms of retransmission consent and reverse compensation. CEO Leslie Moonves said that pricing has increased in a faster rate, helping the company to pass the $1Bil in revenue this year and exceed $2Bil by 2020.
$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.