Not well: Wells Fargo shares fell 1.2 percent to $55.36 Friday after it posted a smaller profit than analysts expected, showing the fallout from its phony accounts scandal continues to harm its business.
Drink up: PepsiCo shares rose 4.4 percent to $112.48 Tuesday after it reported better-than-expected earnings despite beverage sales that continue to struggle as the company tries to adjust to Americans’ changing drinking habits. The shares closed Friday at $112.69.
Jammed: J.M. Smucker shares declined 2.3 percent to $108.37 Tuesday after it said it will sell its U.S. baking business, including Pillsbury to Brynwood Partners for $375 million. Smucker said the sale will reduce its adjusted profit by 25-30 cents a share this year. The stock closed Friday at $111.06.
No energy: Chevron fell 3.5 percent to $123.11 Wednesday as oil prices dropped on Libya’s announcement that it will start exporting oil again. Chevron shares closed the week at $124.04.
Grounded: American Airlines slumped 7.8 percent to $36.08 Wednesday after it said it expects slower fare growth in the U.S. The stock closed Friday at $37.12.
Chip shopping: CA shares rose 18.1 percent to $43.95 Thursday after the mainframe software company accepted an offer from Broadcom worth $18.9 billion, or $44.50 per share. CA shares closed Friday at $44.06. Broadcom, which plans to take on $18 billion in debt to pay for CA, lost 17.5 percent to $200.75 on the news. The shares closed the week at $202.46.