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$CHK also has renegotiated its gas gathering agreement with $WPZ in its Mid-Continent operating area in exchange for a payment by the company of $66MM. Separately, $CHK has agreed to accelerate the value of a long-term gas supply contract with a $4 per million Btu floor pricing by selling it to a third party for cash of about $146MM.
$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.