BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company's midstream business.

Shares in the blue-chip oil giant jumped seven per cent in early deals on the news activist hedge fund Elliott Investment Management had built a position in the company. The news of the stake ...

Hollywood legend Kevin Costner ruminates on President Teddy Roosevelt in the new Fox Nation limited series 'Yellowstone to Yosemite.' Yellowstone to Yosemite: Kevin Costner speculates the reason ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil giant BP (BP). This move has stirred up the London market, where ...

CLEVELAND, Feb. 3, 2025 /PRNewswire/ -- Elliott Investment Management L.P. (Elliott), Clayton, Dubilier & Rice (CD&R), and American Greetings Corporation today announced the successful completion ...

NEW YORK -- Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking for the energy company to either sell or spin off its ...

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 ...

WEST PALM BEACH, Fla., Feb. 7, 2025 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen ...