News

Billionaire investor Paul Singer, through his hedge fund Elliott Management, completely exited its position in Arm Holdings ...
"Are we investing enough behind these big growth drivers? We think no. We want to invest more," Medtronic CEO Geoff Martha ...
Disruption or Just Desperation? Activist Investor Elliott’s Bid to Restructure Phillips 66 Faces Scrutiny** In a significant turns of events that has raised eyebrows in the en ...
Hedge fund Elliott Management revealed a Q2 portfolio reshuffle, adding new positions tied to major indexes and tech leaders ...
Phillips 66 (PSX) gains momentum with asset sales, efficiency focus, and strong dividends. Discover why shares could hit $165 ...
Chevron Phillips Chemical, the 50-50 joint venture between Chevron (NYSE:CVX) and Phillips 66 (NYSE:PSX), has cut ~130 jobs, primarily in corporate roles such as information technology, supply chain ...
Matthew Watkins loves playing in Tyler, particularly The Cascades. After winning low amateur honors twice, the Rockwall ...
Refiner Phillips 66 beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses.
Phillips 66 (NYSE:PSX)’s shares dropped by 7.5% on the news as investors weighed whether Elliott’s demands of business unit spinoffs would generate uncertainty for the firm’s future cash flows.