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$KIM completed the sale of interest in 64 US properties, 23 Canadian properties and the last asset in South America generating proceeds of approx. $600MM, which was used to fund $175MM redemption of preferred stock, to pay down debt and fund the acquisitions. The company finished 4Q15 with consolidated net debt-to-recurring EBITDA of 6 times.
$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.