Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

A top Southwest Airlines executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the "Company" or "AspenTech"), ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

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

One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...

Southwest Airlines is caving further to pressure from minority stakeholder Elliott Investment Management, which has been granted permission to own a greater share of the company's outstanding stock.

BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a ...

The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company’s ...