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$NWL said it closed the sale of its Levolor and Kirsch window coverings brands to Hunter Douglas. Gross proceeds from the deal were about $270MM. The net proceeds will be used for debt repayment, in line with $NWL's capital allocation priority and commitment to achieve a target leverage ratio of 3.0-3.5 times over the next 2-3 years.
$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.