Elliott had been pushing for four new board seats on the oil refiner’s board.

Phillips 66 (NYSE:PSX) is likely to lay off most workers at its Los Angeles refinery in December, reported Reuters on ...

Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Phillips 66 reportedly has split its boardroom battle with Elliott Investment Management, with the activist investor winning two of the four seats it wanted on the refining company's board.

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Elliott Investment Management scored a key endorsement this week in its heated proxy battle at oil refiner Phillips 66, which ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott ... and focus on its legacy refining unit. The battle pits one of the energy sector’s most storied ...

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy ...

Oil refiner Phillips 66 dropped its share prices for ... as investor sentiment was dampened by an ongoing battle within its corporate boardroom. At an annual stockholders’ meeting on the same ...

In other news, Phillips 66 (NYSE:PSX)’s shares crashed by over 7% on Wednesday as investor sentiment dampened due to an ongoing battle within its corporate boardroom with activist investor ...

as a boardroom battle between the U.S. refiner and the activist investor intensified. Phillips 66 said on Wednesday it has nominated four executives to stand for election as directors at its ...