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Energy company $GXP said that it agreed to acquire $WR in a combined cash & stock transaction for approx. $12.2Bil, including total equity value of approx. $8.6Bil. On closing, $WR will become a wholly-owned subsidiary of $GXP. The company expects the acquisition to be neutral to EPS in first full calendar year of operations and accretive later.
$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.