Here's What Honeywell's Big Breakup Means to Investors
Honeywell International (NASDAQ: HON) is finally breaking up. The rationale for the breakup makes perfect sense, and it could ...
Elliott Builds BP Stake of Nearly 5%, Pushes for Big Divestments, Source Says
(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take ...
Elliott builds more than $2.5B stake in Phillips 66, wants it to sell or spin off midstream unit
Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Activist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
The activist investor plans to push the oil refiner to consider selling or spinning off its energy-transportation business.
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BP shares gain despite worst results since pandemic on activist investor hopes
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to ...
Phillips 66 Stock Is Rising. Activist Investor Elliott Wants More From Refiner.
Elliott has built up a $2.5 billion position in Phillips 66 and will push for operations changes to boost the stock, The Wall ...
Southwest Airlines taps Breeze Airways exec to run finances
Dallas-based Southwest Airlines has hired industry veteran Tom Doxey as its new chief financial officer, luring him away from ...
Electricity Demand Growth Offers NRG Energy New Opportunities
The strategic reshuffling started in 2021, when NRG's $3.625 billion Direct Energy acquisition closed. NRG then sold most of its Northeast power generation fleet and closed four Midwest power plants, ...
BP (BP) Faces Activist Pressure as Elliott Takes Stake
We recently published a list of 10 Important News Updates Investors Shouldn’t Miss. In this article, we are going to take a ...