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YTD, $PLD's dispositions and contributions totaled $1.7Bil, at a 4.9% stabilized cap rate, generating over $210MM of realized development gains and an $165MM of value creation from sale of value-added conversions. YTD, $PLD stabilized $1.4Bil of developments at a 34%, generating about $460MM of NAV accretion or about $0.86 per share.
$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.