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Phillips 66

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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Activist Elliott builds roughly 13% stake in Etsy, secures board seat

by Adrian Jhonsan
Activist Elliott builds roughly 13% stake in Etsy, secures board seat

Etsy Sellers Market in Times Square celebrating Etsy’s celebration going IPO at Nasdaq on April 16, 2015 in New York City. Paul Zimmerman |  Getty Images Activist investor Elliott Management …

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Activist investor Elliott reportedly takes $1 billion stake in Match

by Adrian Jhonsan
Activist investor Elliott reportedly takes  billion stake in Match

(L-R) Gary Swidler, chief financial officer of Match Group, Greg Blatt, chairman of Match Group, Sam Yagan, CEO of Match Group and co-founder and CEO of OkCupid and Nelson Griggs, …

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Crown Castle CEO to retire, handing win to activist investor Elliott

by Ev Richard
Crown Castle CEO to retire, handing win to activist investor Elliott

Paul Singer, founder of Elliott Management, speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Crown Castle announced Thursday that CEO Jay Brown …

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Categories Technology

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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