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Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...
In this article, we are going to take a look at where Phillips 66 (NYSE ... sentiment was dampened by an ongoing battle within its corporate boardroom. At an annual stockholders’ meeting on ...
We recently published a list of 10 Firms Drenched in Red Today. In this article, we are going to take a look at where ...
Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down ...
Shares of energy companies fell alongside oil futures as Treasury yields continued to gain on budget concerns. U.S. crude oil inventories rose for a second consecutive week.
Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.
The battle escalated in February, when Elliott published a presentation called “Streamline 66” that claimed Phillips 66 was underachieving because of a poor conglomerate structure and weak ...
Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, which has pushed for asset sales and improved performance. Phillips 66 has ...
Aaron M. Sprecher / Getty Images Some new board members are coming to Phillips 66 (PSX). Investors may have hoped for a bigger shake-up. Shares of the oil refiner were recently down about 6% ...
Phillips 66 PSX-0.29%decrease; red down pointing triangle and Elliott Investment Management split a heated boardroom battle that culminated Wednesday, with the activist winning two of the four ...