When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their shortcomings, backed by ...

Activist investor Elliott Management disclosed a stake of about 3.8 billion pounds ($4.75 billion) in BP , making it the oil ...

Besides the 2025 guidance, the biggest news from the earnings release was Honeywell's blockbuster announcement to split into ...

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.

After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...

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 confirms a more than $2.5B stake in Phillips 66 and will seek to streamline the company, most ...

Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...

Elliott Investment Management disclosed a more than $2.5 billion stake in oil refiner Phillips 66 and plans to push the ...

The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.

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 ...

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