Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Phillips 66 shareholders are set to elect two of Elliott Investment Management’s nominees to its board, in the first ever US ...

Elliott had been pushing for four new board seats on the oil refiner’s board.

Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual ...

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

Phillips 66 shareholders voted in favour of two Elliott-backed directors. Former ConocoPhillips executive Sigmund Cornelius and ex-Targa Resources executive Michael Heim — were probably set to be ...

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...

Hi, it’s Manuel Baigorri and Echo Wong in Hong Kong, where we sat down with the CEO of Schroders Capital during his trip to ...

McKinsey has appointed Michael Birshan to head its UK office, DD reports. He joined the firm in 2002 and most recently co-led its strategy and corporate finance practice. He succeeds Tunde Olanrewaju, ...

Shares of energy companies fell alongside oil futures as Treasury yields continued to gain on budget concerns. U.S. crude oil inventories rose for a second consecutive week.

Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the ...