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Marathon Petroleum Corp

Elliott activist campaign at Southwest Airlines puzzles shareholders

by Merchant Moller
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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Why you should check the share count before buying a stock

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

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

by Merchant Moller
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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How activist Elliott could build shareholder value amicably at Phillips 66

by Merchant Moller
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, seeks two board seats

by Shen Ridenbaugh
Elliott takes  billion stake in Phillips 66, seeks two board seats

Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is seeking as many as two board seats in a push to improve the company’s performance, according …

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Sunnova, Cal-Maine Foods and more

by Merchant Moller
Sunnova, Cal-Maine Foods 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 Corporation — The engineering …

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Marathon, Tesla, Moderna and more

by Merchant Moller
Marathon, Tesla, Moderna and more

In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday …

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

by Shen Ridenbaugh
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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