Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for ...

An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.

When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their shortcomings, backed by ...

The company's move is "positioning us to accelerate" cash-generation, its vice chairman tells Barron's. Oil futures posted their first loss in four sessions on Wednesday after official U.S. data ...

CHICAGO (AP) — CHICAGO (AP) — Hyatt Hotels Corp. (H) on Thursday reported a loss of $56 million in its fourth quarter. The Chicago-based company said it had a loss of 58 cents per share. Earnings, ...

AppLovin posted better-than-expected earnings, revenue, and guidance after the stock market closed on Wednesday. The AI-powered advertising technology business reported fourth-quarter earnings of ...

Barclays analyst Michael Leithead upgraded DuPont (DD) to Equal Weight from Underweight with a price target of $89, up from $85. The firm says ...

In a report released yesterday, Liisa Bayko from Evercore ISI maintained a Buy rating on Travere Therapeutics (TVTX – Research Report), with a ...

WINNEMUCCA, Nev. (AP) — WINNEMUCCA, Nev. (AP) — Paramount Gold and Silver Corp. (PZG) on Wednesday reported a loss of $2 million in its fiscal second quarter. The Winnemucca, Nevada-based company said ...