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$FUL said that the Cyberbond business has about $15MM of revenue split about evenly between Europe and the US. The company added that the purchase agreement was signed on June 6, 2016 and the deal was closed on June 8. The purchase price was slightly over $40MM, representing an EBITDA multiple on the existing business of about 12 times.
$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.