When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it will seek seats on the company's board.

Activist Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost ...

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66 , a person familiar with ...

A top Southwest executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the demands ...

The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

The company said the cuts, the first round of broad layoffs in the airline’s 53-year history, would affect mostly corporate ...

Southwest Airlines said cuts would come mostly from “corporate overhead and leadership positions.” The company estimated that the job reductions, to be completed by the end of June, will save the ...

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

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s ...

NEW YORK (Reuters) -When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their ...