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

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.

One of the reasons for keeping quiet was that my daughter-in-law was expecting their first child, and I didn’t want to ruin ...

Key Takeaways U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as ...

Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 B in U.S. refiner Phillips 66 and plans to push for operational changes and the sale of the company's midstream ...

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

Elliott, which has successfully pushed for changes at some of the world's largest companies, said Phillips 66 should ...

KEY TAKEAWAYS Phillips 66 shares are jumping about 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott Investment Management has built a more than $2.5 billion ...

Energy giant BP plc (BP) announced a strategy reset and a $1.75 billion stock buyback program after missing fourth quarter ...

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company ...