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$AIN said it agreed to buy $HRS' composite aero-structures division for total consideration of $210MM including assumption of $23MM capital lease. The acquisition is projected to be slightly add to $AIN earnings in 2016, with projected 2016 sales of $80-90MM and Adjusted EBITDA of $13-15MM. The deal will close by end of 1Q16 or early 2Q16.
$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.