In October last year, the company announced plans to cease operations at the facility during the fourth quarter of 2025, with ...

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

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

Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down ...

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

Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...

Phillips 66 PSX.N and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an ...

Poor breadth is mirrored in the percentage of total shares traded that are falling versus those rising. On the NYSE, ...

Shares of the oil refiner were recently down about 6%, putting them among the S&P 500’s biggest daily decliners and sending ...

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 ...

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.