Wall Streets major indexes closed mixed on Tuesday as gains in Coca-Cola (NYSE:KO) and Apple (NASDAQ:AAPL) offset losses in ...

Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.

Activist investor Elliott demands major changes at Phillips 66, calling for asset sales, leadership overhaul, and higher refining targets.

Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...

Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.

Activist Elliott Investment Management had a clear roadmap for refining giant Phillips 66 when it took its first $1 billion stake in the company in late 2023. The company, though, has ...

Activist Elliott Investment Management on Tuesday disclosed a stake in Houston-based Phillips 66 valued at more than $2.5 billion, saying that it is pushing the oil refiner to consider operational ...

(Reuters) -Wall Street's main indexes were mixed on Tuesday as gains in Coca-Cola (NYSE: KO) and Apple (NASDAQ: AAPL) offset ...

Elliott Investment Management is at it again, this time sinking its teeth into U.S. refiner Phillips 66 with a $2.5 billion stake and a laundry list of demands.

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

Shares of BP (BP) and Phillips 66 (PSX) are moving in opposite directions today, amid earnings and investment news ...