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

Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down ...

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

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

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

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 ...

Poor breadth is mirrored in the percentage of total shares traded that are falling versus those rising. On the NYSE, ...

Shares of the oil refiner were recently down about 6%, putting them among the S&P 500’s biggest daily decliners and sending ...

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy ...

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