Shares rose nearly 4% in Tuesday morning trading. In a letter to Phillips 66's board, Elliott said that it believes the company could get more than $40 billion for its midstream business ...

Elliott Investment Management has built a more ... a former president of Shell Trading Co., to its board to provide more refining experience. Phillips 66 has also been in the midst of a multiyear ...

The company has been working with Elliott and last year said it would name Robert Pease, a former president of Shell Trading Co., to its board to provide more refining experience. But its stock ...

NEW YORK, March 4 (Reuters) - Elliott Investment Management nominated seven directors to Phillips 66's (PSX.N), opens new tab board, laying the groundwork to push for changes that include spinning ...

Phillips 66 (NYSE:PSX) +5.4% in Tuesday's trading after Elliott Investment Management confirmed a more than $2.5B stake in the oil refiner, and will seek to streamline the company, most notably ...

Southwest Airlines shares surged Tuesday after the airline said it will start offering basic economy tickets and charging for ...

Elliott buys puts on Nvidia, Industrials and Oil and Gas in the fourth quarter. Elliott closes positions in Catalent, Cardinal Health, Unity Software and BILL Holdings in the quarter. Every week ...

Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said. The activist ...