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Morgan Stanley, Signet Jewelers rise; Alcoa, PPG fall

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Morgan Stanley, Signet Jewelers rise; Alcoa, PPG fall
Morgan Stanley, Signet Jewelers rise; Alcoa, PPG fall

Stocks that moved heavily or traded substantially on Thursday: Morgan Stanley, Signet Jewelers rise; Alcoa, PPG fall

transportation and logistics company is considering a sale of one or more of its businesses.

Pearson PLC, down 68 cents at $7.36.

The publisher announced the resignation of its chief financial officer, a month after saying its CEO will leave.

Boise Cascade Co., up 2 cents at $38.52.

The company said retiring CEO Tom Corrick will be replaced by Nate Jorgensen.

Morgan Stanley, up $3.50 at $56.44.

The investment bank reported a jump in fourth-quarter profits on the strength of its trading desks.

PPG Industries Inc., down $3.33 at $127.41.

The paint and coatings maker's fourth-quarter profit fell short of analysts' forecasts.

Signet Jewelers Ltd., up $8.64 at $30.13.

The jewelry retailer raised its fourth-quarter profit forecast because of strong holiday season sales.

Bank of New York Mellon Corp., down $3.97 at $46.72.

The bank's revenue fell short of Wall Street forecasts.

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16 January 2020, 23:31