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$M announced a real estate transaction related to its Brooklyn store location in Aug. 2015, where it will sell the top five floors of its nine-story retail location as well as the air rights above it and a related parking garage facility. As a result of this transaction, $M is expected to record a gain of approx. $250MM in 4Q15.
$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.