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.

The hydrogen-truck maker, which briefly sported a market value comparable to Ford, said it enters chapter 11 with about $47 million in cash. Canadian Tire has struck a deal worth $898.8 million to ...

Glencore Reviewing London Listing; Plans $2.2 Billion in Shareholder Returns Commodities giant Glencore said it is reviewing its London listing as it reported a fall in 2024 earnings, but will return ...

Investing.com -- Elliott Investment Management, controlled by billionaire Paul Singer, is seeking board positions at Phillips 66 (NYSE: PSX ), an oil refining company. The move is part of Elliott's ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66 as it pushes the company to sell or ...

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