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$AGN said that it has completed the sale of its Global Generic business to $TEVA. $AGN received $33.4Bil in cash and 100.3MM shares of $TEVA stock valued at $5.4Bil based on the opening price of $53.39 for $TEVA shares on August 2, 2016. These shares are subject to a 12 month holding period post-close of the transaction.
$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.