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$ENB and $SE agreed to combine in stock-for-stock merger transaction, which values $SE common stock at about $28Bil, based on closing price of $ENB's common shares on Sept. 2, 2016. The combination will create largest energy infrastructure company in North America. The deal, which was unanimously approved by both BoDs, is expected to close in 1Q17.
$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.