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Following closing of deal, the BoD of combined company is expected to have 11 directors, consisting of 6 directors from $JCI and 5 directors from $TYC. Alex Molinaroli will be the chairman and CEO of the combined company. George Oliver will serve as president and COO and serve as director on new board.
$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.