Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been ...

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more representation on the company’s board.

Elliott Investment Management, which manages funds that together have an investment of more than $1.5B in Aspen Technology (AZPN) issued the ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the "Company" or "AspenTech"), ...

BP PLC (BP) is reportedly considering selling its lubricants division, Castrol, amid growing pressure from activist investor ...

(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 ...

Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.

Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...