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$KIM and RioCan have agreed to dissolve their Canadian JV owning 35 properties. The move is in line with $KIM's strategy to simplify its business by reducing the amount of properties it owns in JVs. The sale will take place in stages, and the disposition of the initial 19 properties will result in cash proceeds to $KIM of about $220MM.
$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.