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$AIN said it will use existing cash on hand and its revolving credit facility to finance transaction. $AIN expects to create additional borrowing capacity by increasing its existing revolving credit facility from $400MM to $550MM prior to closing of transaction.
$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.