Activist hedge fund Elliott Investment Management has grown its stake in Phillips 66 ( PSX 2.83%) to $2.5 billion. This puts ...

Sky's Ian King says the company's expected reprioritisation of oil and gas revenues has long been demanded by investors whose returns have lagged those seen at rivals.

Tuesday saw Bernstein analysts maintain an Outperform rating on Nike shares (NYSE:NKE) with a steadfast $102.00 price target.