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PPG, Alcoa rise; Bank of New York, Marathon Oil fall

PPG, Alcoa rise; Bank of New York, Marathon Oil fall Associated Press Text size Copy shortlink: Alcoa Corp., up $2.79 to $35.63. The aluminum maker handily beat analyst s first-quarter profit forecasts on stronger demand and pricing. Matson Inc., up $1.12 to $69.60. The shipping company gave investors an encouraging first-quarter financial update. General Finance Corp., up $6.78 to $18.95. United Rentals is buying the freight and storage container company. J.B. Hunt Transport Services Inc., up $2.39 to $172.16. The trucking company beat Wall Street s first-quarter financial forecasts. TG Therapeutics Inc. down $1.05 to $44.78. The drug developer s encouraging study results for a multiple sclerosis treatment failed to excite investors.

Matson Announces Preliminary 1Q21 Results, Provides Business Update And Announces 1Q21 Earnings Call Date

Matson Announces Preliminary 1Q21 Results, Provides Business Update And Announces 1Q21 Earnings Call Date Expects 1Q21 operating income for Ocean Transportation to be $110.0 to $115.0 million vs. $7.9 million in 1Q20 Expects 1Q21 operating income for Logistics to be approximately $6.0 million vs. $5.1 million in 1Q20 Expects 1Q21 net income and diluted EPS to be $80.0 to $85.0 million and $1.83 to $1.93, respectively Year-over-year increase in consolidated operating income driven primarily by China service strength Announces first quarter earnings call date on April 27, 2021 News provided by Share this article Share this article HONOLULU, April 15, 2021 /PRNewswire/  Matson, Inc. (NYSE: MATX) today announces preliminary first quarter financial results, provides a business update and announces that its first quarter earnings call date will be held on April 27, 2021.

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