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flag Ashland Inc shares rose 5.2% after forecasting a sequential rise in Q2 sales, despite a 10% decline in Q1 sales and lower net income.

flag Shares of Ashland Inc, a company that provides additives and specialty ingredients, rose 5.2% after it forecasted a sequential increase in sales for the upcoming second quarter. flag The company reported a decline in first-quarter sales, which is down 10% from the prior-year quarter, and a decrease in net income. flag Despite these setbacks, the company's free cash flow improved significantly compared to the prior-year quarter. flag Ashland also repurchased 1.2 million shares during the first quarter, with $900 million remaining under its share repurchase authorization.

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