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Marathon Petroleum Corp

Elliott activist campaign at Southwest Airlines puzzles shareholders

by Adrian Jhonsan
Elliott activist campaign at Southwest Airlines puzzles shareholders

Travelers wait to check in at the Southwest Airlines counter at Oakland International Airport in Oakland, California, Dec. 27, 2022. David Paul Morris | Bloomberg | Getty Images After Elliott …

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Categories World

Why you should check the share count before buying a stock

by Adrian Jhonsan
Why you should check the share count before buying a stock

More than half of the stocks in the S & P 500 hit new 52-week highs in the first quarter, leaving us to puzzle over how this all happened. We …

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Categories World

Tech stocks slide as Nvidia conference and Fed meeting come into focus

by Adrian Jhonsan
Tech stocks slide as Nvidia conference and Fed meeting come into focus

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories World

Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

by Adrian Jhonsan
Friday’s S&P 500, Nasdaq-100 rebalance may reflect concerns over concentration risk

It’s arguably the biggest stock story of 2023: a small number of giant technology companies now make up a very large part of big indexes like the S&P 500 and the …

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Categories World

How activist Elliott could build shareholder value amicably at Phillips 66

by Adrian Jhonsan
How activist Elliott could build shareholder value amicably at Phillips 66

A vehicle refuels at a Phillips 66 gas station in Rockford, Illinois, U.S., on Monday, July 29, 2019. Daniel Acker | Bloomberg | Getty Images Company: Phillips 66 (PSX) Business: …

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Elliott takes $1 billion stake in Phillips 66, plans to seek two board seats

by Milton Acorn
Elliott takes  billion stake in Phillips 66, plans to seek two board seats

Elliott Management has taken a $1 billion stake in Phillips 66 and is seeking as many as two board seats as the company underperforms its peers, according to a Wednesday …

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Categories Science

Sunnova Energy, Cal-Maine Foods, Marathon Petroleum and more

by Adrian Jhonsan
Sunnova Energy, Cal-Maine Foods, Marathon Petroleum and more

The Fluor Corporation logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Fluor — The engineering and …

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Categories World

Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’

by Milton Acorn
Jim Cramer sees a ‘new king’ in trucking and a ‘golden age’

Morgan Stanley’s decision Tuesday to boost its price target on XPO Logistics (XPO) to $65 a share, from $45, could signal a “new king” in the trucking-and-logistics industry, CNBC’s Jim …

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Categories Science

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