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Broadband services company $CNSL said it has agreed to acquire Champaign Telephone Company (CTC) and its sister company, Big Broadband Services, a private business communications provider. The agreement provides for an all cash transaction valued at $13MM. The deal is expected to close in 2Q16 or 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.