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Pittsburgh, Pennsylvania-based $PPG said the MetoKote Corporation acquisition closed July 1, 2016 and it expects the business divestitures to be completed by year-end 2016. During 2Q16, $PPG fully funded its Pittsburgh Corning Asbestos Trust obligations, including the prepayment of all future obligations for about $270MM at a 5.5% discount rate.
$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.