Phillips 66 and Elliott Investment Management are poised to split a heated boardroom battle that culminated Wednesday, with the activist expected to win two of the four seats it wanted on the oil ...

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Lowe’s on Wednesday stood by its full-year forecast, as growing sales among home professionals helped offset slower demand from do-it-yourself customers. The home improvement retailer came in just shy ...

capping one of the biggest corporate boardroom battles of the year. Sustainabilitycategory· May 15, 2025 Phillips 66 trims portfolio with German and Austria retail sale amid Elliott pressure ...

Phillips 66 reportedly has split its boardroom battle with Elliott Investment Management, with the activist investor winning two of the four seats it wanted on the refining company's board.

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 ...

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 ...

It and Phillips 66 are locked in a proxy battle for control of the company, and have both put forth a slate of directors for its board. A vote on those directors will take place at Phillips 66's ...

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 ...

The barroom brawl of a boardroom fight between Phillips 66 and activist investor Elliott ... and focus on its legacy refining unit. The battle pits one of the energy sector’s most storied ...