Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Southwest Airlines entered into an amendment to the cooperation agreement with Elliott Investment Management that increases ...

Phillips 66 (NYSE:PSX) +1.6% in early trading Wednesday as activist investor Elliott Management, which has built a $2.5B-plus ...

Southwest is in the midst of a transformation that led it to announce Tuesday the first-ever involuntary layoffs.

A top Southwest Airlines executive is leaving the troubled carrier, just as it moves to reinvent itself while satisfying the ...

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Elliott Investment Management L.P. ("Elliott"), which manages funds that together have an investment of more than $1.5 billion in Aspen Technology, Inc. (NASDAQ: AZPN) (the "Company" or "AspenTech"), ...

(Bloomberg) -- Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year campaign pushing the company to sell assets, improve ...

One scoop to start: Blackstone Group has put First Eagle Investment Management up for sale for more than $4bn in an attempt to offload a large stake that the US private equity group has owned for a ...

Elliott is the hedge fund that bought ... After months of negotiating and verbal darts thrown in public about the company’s recent management and financial results, Southwest agreed to a deal ...

The company's first involuntary staff cuts come amid dramatic changes forced by investors. But can it soar by acting more like competitors it long outperformed?