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$MKSI said it had a successful repricing of its existing secured term loan. The lenders have agreed to an amendment which results in a reduction of the interest rate spread on the term loan by 50 BP from LIBOR plus 4.00% to LIBOR plus 3.50% with a 0.75% floor on LIBOR.
$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.