Activist investor says it has raised its stake in Phillips 66 to $2.5 billion, according to reports
Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...
Elliott builds $2.5 billion stake in Phillips 66, pushes for midstream business sale
Elliott Investment Management said on Tuesday it has built a stake of more than $2.5 billion in U.S. refiner Phillips 66, and ...
Top Stock Movers Now: DuPont, Phillips 66, Marriott, and More
U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as he gave the ...
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 ...
Stock market dips at open before Fed chair's comments on inflation, tariffs and more
U.S. stocks started lower on Tuesday as investors await Fed Chair Powell's remarks about the economy, tariffs, inflation and more.
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
Market movers: Stocks seeing action on Tuesday - and why
Q3 as continued market share gains drove GMV growth to 26 per cent year-over-year (highest in 3 years), with a modest 3bps ...
EMEA Morning Briefing: Tariffs, Fed Powell's Comments in Focus
WASHINGTON-President Trump on Monday announced 25% tariffs on imports of steel and aluminum to the U.S., reinstating global duties without exceptions for allies such as Canada, Mexico, Japan and South ...