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$KBR said it agreed to buy Honeywell Technology Solutions Inc. (HTSI) from $HON. HTSI will be integrated into KBRwyle, a subsidiary of $KBR. The transaction price to $KBR is $266MM, after adjustments for about $34MM of acquired tax benefits. The transaction is expected to close by end of October 2016.
$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.