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$NWL said it has completed the sale of Endicia, online shipping business to $STMP, provider of online postage solutions based in El Segundo, CA. The company will receive $215MM in gross proceeds from the transaction and expects to receive after-tax cash proceeds of about $150MM.
$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.