Want to join the conversation?
$QCOM said some IP, patents, etc., of TDK businesses will be acquired by the JV, with some acquired by $QCOM. $QCOM has the option to acquire TDK's JV interest for $1.15Bil 30 months after closing date. TDK will be entitled to $200MM based on sales of RF filter functions over 3-year period after closing date. Deal is expected to close early 2017.
$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.