Phillips 66 (PSX) investor Elliott Investment Management urged the oil refiner on Tuesday to spin off or sell its midstream business, which it said could command a valuation of more than $40 billion.
WK Kellogg Co.'s stock fell 1.8% Tuesday after the breakfast-cereal company's fourth-quarter adjusted profit swept past estimates but failed to offset a sales miss, as the company continues to grapple ...
Phillips 66 (PSX) climbed over +5% in pre-market trading after the Wall Street Journal reported that activist Elliott Investment Management had built a more than $2.5 billion stake in the oil refiner.
Wall Street's main indexes were mixed on Tuesday as gains in Coca-Cola and Apple offset losses in Tesla, while investors parsed Federal Reserve Chair Jerome Powell's latest comments. The U.S. central ...
Barclays raised the firm’s price target on Shopify (SHOP) to $100 from $93 and keeps an Equal Weight rating on the shares. The company reported ...
Stifel raised the firm’s price target on Shopify (SHOP) to $120 from $115 and keeps a Hold rating on the shares. Q4 results exceeded ...
A California teenager was sentenced to four years in prison in a case involving hundreds of swatting calls, including to a Florida mosque among other institutions and individuals ...
WK Kellogg Co (NYSE:KLG) shares are trading lower on Tuesday. WK Kellogg reported fourth-quarter adjusted earnings per share of 42 cents, beating the street view of 26 cents. Quarterly sales of $640 ...