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$GGP said that from the asset sales transactions done during 2Q16 and subsequent to end of the quarter, it received net proceeds of approx. $1Bil. The company will use approx. $300MM of the proceeds to pay down mortgage debt and $90MM for paying down its debt outstanding. $GGP plans to retain the remaining proceeds of approx. $600MM.
$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.