Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position and stepped up its efforts.
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 ...
Hedge fund Elliott commands attention in C-suites as relentless activist
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge ...
Looking for Dividend Stocks to Buy in February? Consider These 3 Dow Jones Components.
Besides the 2025 guidance, the biggest news from the earnings release was Honeywell's blockbuster announcement to split into ...
Factbox-Activist Elliott's recent holdings and campaigns
Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...
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 ...
Phillips 66 Stock Jumps as Elliott Reportedly Takes More than $2.5B Stake
Phillips 66 shares are jumping 4% in intraday trading Tuesday following a report by The Wall Street Journal that Elliott ...
MoneyWeek4d
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 ...
devdiscourse4d
Elliott Investment Pressures Phillips 66 for Major Overhaul
Elliott Investment Management has acquired a significant stake in oil refiner Phillips 66 and is pushing for operational changes. The activist investor aims to simplify the company's operations and ...
Plant Services4d
Honeywell to separate automation and aerospace divisions, creating 3 separate companies
Each company will have its own distinct strategy, a simplified focus, greater financial flexibility, its own board of ...
worldenergynews.com4d
Source: Elliott wants operational changes at Phillips 66 after acquiring a stake of over $2 billion dollars
A person with knowledge of the matter said that Elliott Investment Management, an activist firm, has acquired a stake worth over $2.5 billion in Phillips 66.