Wells Fargo is bracing for another hostile crowd at its annual shareholder meeting where activists are organizing protests and investors are pushing efforts to rein in the bank.
Shares of Apple fell more than 3% Friday and are down for the whole week too. Worries of soft demand for iPhones --particularly the iPhone X -- hit chip stocks hard too. But Amazon, Netflix and other big techs are still up for the week.
Prospects of a bidding war drove up the stock of biotech firm Shire this week. Now Takeda has the field to itself and has tabled a fourth, slightly sweeter proposal.
US regulators are close to slapping Wells Fargo with a $1 billion fine for forcing customers into car insurance and charging mortgage borrowers unfair fees.