Investors Cheer as Elliott Proposes Several Nominees for Hess (HES) Board

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Elliott Management Lists Nominess for Hess Corp's (HES) Board

January 29, 2013 8:04 AM EST

Elliott Management Corporation sent a letter to shareholders of Hess Corporation (NYSE: HES) urging them to elect at the Companys 2013 Annual Meeting the following slate of five independent directors to the Board:

* Rodney F. Chase - Former Deputy Chief Executive, BP plc... More

Hess (HES) Looks to Exit Terminals, Sell Refinery in Transition to E&P Company

January 28, 2013 11:05 AM EST

Hess Corp (NYSE: HES) is looking to exit the refining business while simultaneously getting interest from a private equity firm looking to gain more control over management.

Earlier, the company issued a press release stating it was looking to sell its U.S.... More