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In March 2016, $DUK marketed an equity offering of 10.6MM shares of its common stock. In lieu of issuing equity at the time of the offering, the company entered into Equity Forwards with Barclays, which it expects to settle on or around the closing date of the Piedmont deal. The net proceeds are expected to be used to finance a portion of the deal.
$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.