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$STLD said it completed the acquisition of Vulcan Threaded Products, Inc. The purchase price for Vulcan and its real estate assets is $114MM on a debt free, cash free basis, including $30MM of estimated working capital, and has been funded with available cash. The deal is expected to be immediately accretive to 2016 earnings & cash flow per share.
$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.