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$UNFI said it has purchased all outstanding stock of Nor-Cal Produce and affiliated entity as well as certain real estate, in cash transaction for about $68.6MM. The transaction is expected to add to $UNFI's earnings in FY17. The company financed purchase price with combination of available cash and borrowings under revolving credit facility.
$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.