Movers roundup: Boeing, Smithfield Foods

Among the stock activity stories for Friday, Dec. 5, from AP Financial News:

PITTSBURGH (AP) — Shares of Boeing Co. edged up late Friday after tumbling earlier in the day amid reports that the world's second-largest commercial airplane maker may further postpone deliveries of its new 787 passenger jet.

NEW YORK (AP) — Investors boosted shares of Smithfield Foods Inc. Friday after the pork processor indicated it may have turned the corner on sliding profits and said it would be able to get help from its lenders if it were to violate its debt covenants.

NEW YORK (AP) — Shares of Sonoco Products Co. fell Friday after the packaging maker cut its earnings forecasts and warned that pension expenses could weigh on next year's profits.

SEATTLE (AP) — Shares of Amazon.com Inc. recovered, ending higher after falling as low as $43.30 on Friday after an analyst slashed his profit and sales outlook for next year.

NEW YORK (AP) — Shares of research and development contractor Albany Molecular Research Inc. fell Friday after Jefferies & Co. downgraded the stock, citing a potential downturn in revenue as biotech companies tighten their budgets.

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