The Turnaround Star - Why I See Over 40% Upside For Phillips 66 Stock | Seeking Alpha
Phillips 66 (NYSE:PSX) has become one of my favorite stocks to cover. In general, I have always liked covering the company due to its significant footprint in the refinery and chemical industries. However, in my most recent article, published on December 5, I covered a major new development, including an activist investor, going with the title "60% Gains Plus Dividends With Phillips 66 If Elliott Is Right." Since my November article on Phillips 66, activist giant Elliott Investment Management has entered the scene with a $1 billion stake and a bold letter to the board.
Asset Management: Investors Hope For China Turnaround
Plus, hedge fund performance, a fee bonanza for money market funds and dry martini January. :
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Bob Iger’s Turnaround Plan For Disney Takes Shape - The New York Times
Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.
Intel Foundry Leader To Depart, Shaking Up Gelsinger’s Turnaround Plan
(Bloomberg) -- Intel Corp. executive Randhir Thakur, who oversaw a key part of the company’s comeback plan -- its push into the contract-manufacturing industry -- is leaving the chipmaker. Thakur “has decided to step down from his position to pursue opportunities outside the company,” Intel said in an emailed statement. “He will stay on through the first quarter of 2023 to ensure a smooth transition to a new leader.” The departure marks a shake-up for Chief Executive Officer Pat Gelsinger’s turnaround plan.
Daily Dozen | Forbes: Snap Layoffs; Bed Bath & Beyond’s Turnaround; Sin City’s Winning Streak
A surprising rise in job openings; first U.S. monkeypox death; Trump shares conspiracy theories; and more. :
The southeast tip of California's Salton Sea is home to 11 geothermal power plants that turn hot volcanic brine into clean electricity. A rise in job openings surprised economists who were banking on another month of declines from March’s historic high. The United States reported its first death from the monkeypox outbreak. Former President Donald Trump shared multiple conspiracy theories on his Truth Social platform before deleting them.
Why This Attractively Valued Turnaround It Play Merits A Look
The significant correction in the stock price of Zensar has rendered the valuation extremely attractive. :
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Credit Suisse Taps Goldman Sachs Partner To Lead Risk Turnaround
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Refile-update 2-credit Suisse Taps Goldman Sachs Partner To Lead Risk Turnaround
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