Bank Brawl

Fly Charts: The Case of Wells Fargo's Board Vs. Elizabeth Warren

From an Elizabeth Warren warning to new Amazon deal hopes, here are four charts that tell you what you need to know in business today.
Photographer: Chip Somodevilla
WELLS FARGO & CO
-0.10
At Closing, April 24th
52.51 USD
AMAZON.COM INC
-57.77
At Closing, April 24th
1460.09 USD

Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From an Elizabeth Warren warning to new Amazon deal hopes, here are four charts that tell you what you need to know in business today. 

Time to Say Goodbye?

Wells Fargo's shareholders and Elizabeth Warren are angry about the fake-accounts scandal (and subsequent share price plunge) and it's time for some directors to fall on swords.

Source: Wells Fargo

Rough Ride

Valeant investors are excited about getting John Paulson on the board, but his record on health care stocks has been pretty putrid.

Source: Bloomberg

*Bloomberg estimate

In the Bag?

Ocado shares have bounced on hopes that Jeff Bezos will take his efforts at grocery domination trans-Atlantic, but there are better options for Amazon.

Source: Bloomberg

Low Orbit

Rocket Internet is betting the market has more appetite for food delivery services, but loss-making Delivery Hero may be a tough sell.

Source: Bloomberg

And don't miss Chris Bryant on the worrying optimism of defense manufacturers: "Amid terror in Europe, conflict in the Middle East and a rise in state-sponsored cyber-attacks, several nations had already begun to ratchet up defense spending again after a period of tighter budgets. And now, of course, there’s President Donald Trump, whose seemingly fragile ego and ignorance of geopolitics doesn't exactly lessen the chances of international conflagration."

This column does not necessarily reflect the opinion of Bloomberg LP and its owners.

    To contact the author of this story:
    Max Nisen in New York at mnisen@bloomberg.net

    To contact the editor responsible for this story:
    Mark Gongloff at mgongloff1@bloomberg.net

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