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Real estate investment company $LXP said that it has closed the previously announced acquisition of an industrial facility in Detroit, Michigan, which was purchased for $29.7MM, with both initial cash and estimated GAAP yields of 7.4%. The company said this property is net leased to FCA US LLC for an initial 20-year lease term.
$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.