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 ...

Analysts said New York-based Elliott Investment Management was likely to lobby ... which it said could unlock billions of pounds in value for investors. The US bank said BP could splits its ...

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.

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

BP’s share price surged more than 6% in early morning trading on Monday after it was revealed that US activist shareholder Elliott Investment Management ... the original letter to the Suncor ...

and has been grumbling about the direction that GSK has taken under its current management team. In a 19-page letter to GSK chairman Sir Jonathan Symonds, Elliott said it had previously held off ...

BP’s dramatic under-performance compared with other oil majors has reached a crunch point — a looming showdown with one of the world’s most aggressive activist investors. Elliott Investment Management ...

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...

Shares of British oil major BP Inc are sharply higher in early trade in Europe, up over 7% after activist investor Elliott Management reported purchased a significant stake, news reports by FT as ...

According to Bloomberg, Elliott Management, a well-known activist ... shares have risen by 7.63%. Investors have been vocal about BP’s financial underperformance, high debt levels, and lack ...

Shares in BP surged seven percent following the announcement that activist hedge fund Elliott Investment Management had taken ... unlock billions in value for investors. The market seems to ...