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 ...
Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...
Elliott Investment Management L.P., which manages funds that together have an investment of more than $2.5B in Phillips 66 (PSX), sent a letter ...
Refiner Phillips 66 reported a smaller-than-expected loss on Friday as strength in its renewables segment offset a sharp ...
Shares of Phillips 66 rose sharply in early trading Tuesday after The Wall Street Journal reported that Elliott Investment Management has built a stake of more than $2.5 billion in the oil refiner.
Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...
Key Takeaways U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as ...
Cleveland-Cliffs and other steel makers rise after President Trump imposes 25% tariffs on imports of steel and aluminum to ...
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