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$HOT said its acquisition of rival Marriott is expected to close in the coming weeks. Excluding the transaction costs, $HOT expects FY owned earnings to get hurt by approx. $46MM due to asset sales completed in 2015 and 2016. $HOT said it also expects additional negative impact of about $20MM due to lost earnings from the five hotels it disposed.
$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.