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Maryland-based REIT $OHI said it has priced $700MM of 4.375% Senior Notes due Aug. 1, 2023 pursuant to a public offering. Company expects to use net proceeds to repay outstanding borrowings under its revolving credit facility and for corporate purposes, including future acquisitions. $OHI expects to complete the offering on July 12, 2016.
$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.