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Defense contractor $LLL agreed to sell its National Security Solutions (NSS) business to $CACI for $550MM in cash. The transaction is expected to close in 1Q16. $LLL's CEO Michael Strianese said the sale of its NSS unit will allow $LLL to sharpen its focus on its more profitable defense electronics, communications and ISR businesses.
$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.