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Rosemarie Morbelli of Gabelli & Co asks on the regulatory front regarding the Valspar acquisition. CEO John Morikis answered that $SHW received a second request and the company is working with the FTC to provide all the information that they need to complete their reviews. He added that $SHW still expects to close the Valspar acquisition in 1Q17.
$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.