Elliott Investment Management said a breakup of Honeywell could push the stock up 51% to 75% over the next two years. But ...

Elliott Investment Management has built an over $2.5 billion stake in U.S. oil refiner Phillips 66, a person familiar with ...

Activist investor Elliott Investment Management has amassed a $2.5 billion stake in Phillips 66, significantly expanding its ...

KEY TAKEAWAYSBP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund ...

Elliott plans to push Phillips 66 to sell or spin off its midstream business, the person said. In March last year, Elliott ...

BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...

Honeywell International, Inc. (Charlotte, N.C.) announced  that its Board of Directors completed the comprehensive business portfolio evaluation launched ...

One of the last remaining US industrial conglomerates has decided to separate its automation and technology businesses just like General Electric and Alcoa ...

Activist investor Elliott Investment Management has acquired a significant stake in BP, it emerged over the weekend, adding ...

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.

The activist hedge fund is looking to boost the oil giant's value by pushing for "transformative measures," per Bloomberg, ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.