Phillips 66 (NYSE:PSX) is navigating a period marked by investor activism from Elliott Investment Management, with significant support from proxy advisory firms ISS, Glass Lewis, and Egan-Jones for ...

At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...

Under former chief executive Philippe Schaus, Moët Hennessy pursued hit-and-miss deals, a lossmaking drive into direct-to-consumer sales and sharp price increases. Yet he ascended to be one of ...