Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.
Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...
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 ...
Activist investors are making frequent demands for board seats—and having more success in gaining them. To deal with this, ...
Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the ...
Southwest Airlines has long boasted of never having an involuntary layoff over a history stretching back more than five ...
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Elliott Management has disclosed a nearly 5% stake in BP worth almost £3.8B (~$4.75B), making it the company's third largest shareholder.
Elliott has emphasised the need for new independent directors on Phillips 66' board to increase accountability and oversee a management review. The hedge fund has also urged the refiner to set ...
NEW YORK, Feb 13 (Reuters) - When Elliott Investment Management buys into a company ... against it said Elliott is not an investor a board can ignore. The fund has built a reputation as a ...