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Diversified real estate company $CUZ and $PKY said stockholders of both companies have approved all proposals related to the stock-for-stock merger between the companies. Merger is expected to close in 4Q16. Upon completion of the merger, $PKY stockholders will receive 1.63 shares of $CUZ stock for each $PKY share they own.
$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.