Movers roundup: FairPoint, Boeing
By
Associated Press
June 19, 2008
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Among the stock activity stories for Thursday, June 19, from AP Financial News:
NEW YORK (AP) _ Shares of FairPoint Communications Inc. climbed Thursday, recovering from the decline posted the day before after the company said it will delay a cutover related to its recent acquisition of Verizon's landline operations in three states.
NEW YORK (AP) _ Shares of Boeing Co. climbed in morning trading Thursday after a government audit agency recommended the Air Force reopen bidding for a $35 billion contract that had gone to Boeing's rivals.
NEW YORK (AP) _ Shares of Cott Corp. jumped Thursday after the company said it plans to focus on its private-label soda business and cut costs.