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Chemicals company $LXU said that it has agreed to sell the company's Climate Control business to Sweden-based NIBE Industrier AB for $364MM. Climate Control division contributed $274MM to the company's revenue in 2015. $LXU added that the proceeds from this transaction will be used to pay down debt. The deal is expected to close in 3Q16.
$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.