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 ...
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Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
Elliott first publicly engaged PSX in November 2023, when the firm sent a letter to the board of directors announcing its $1 billion investment in the company. Elliott criticized PSX for its ...
Phillips 66 price target raised to $132 from $128 at TD Cowen
TD Cowen analyst Jason Gabelman raised the firm’s price target on Phillips 66 (PSX) to $132 from $128 and keeps a Buy rating on the shares. The ...
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Elliot builds near 5% stake in BP, becomes third-biggest shareholder - FT
Elliott Management became the third-largest shareholder of British oil giant BP (NYSE:BP) by acquiring a near-5% stake valued at approximately £3.8 billion ($4.74 billion), the Financial Times ...
Litigation funding in the dock as crunch UK judgments loom
Litigation funders lured to the UK by the prospect of sharing in the winnings from multibillion-pound class action lawsuits ...