Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
BP Promises Big Changes After Attracting An Uninvited Guest
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
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Aggressive Activist Investor is Gunning for Phillips 66
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.
Looking for Dividend Stocks to Buy in February? Consider These 3 Dow Jones Components.
The Dow Jones Industrial Average (DJINDICES: ^DJI) is chock-full of industry-leading dividend-paying companies -- making it a ...
BP faces pivotal moment: Board in firing line as activist Elliott sets scene for shake-up
Investors are frustrated at the valuation gap between BP and its London-listed rival Shell, as well as US energy giants ...
Activist investor Elliott wants Phillips 66 to spin off business, sell JV interest
Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...
Elliott Builds $2.5 Billion Stake in Phillips 66, Pushes for Midstream Business Sale
(Reuters) - Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner ...
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Honey, I shrunk the company
This week in industry news, Honeywell honeycombs into three distinct hives full of busy bees, but the buzz around the move indicates a bumble.