Wells Fargo on Tuesday said it has fired four current of former senior managers amid the U. S. banking giant's internal investigation of a scandal involving millions of accounts unauthorized by customers.
Last month Hunter Harrison stepped down from his position as CEO of Canadian Pacific Railway to join Mantle Ridge, a newly formed activist fund led by Paul Hilal. Together Hilal and Harrison are targeting CSX.
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Stocks posted solid gains with the Dow Jones Industrial Average up for its eighth straight session on the back of positive retail earnings. Retailers Walmart , Home Depot and Macy's each topped quarterly profit estimates. Video provided by TheStreet