Phillips 66 Weighs Extra Flexibility to Modify Fuels Output

[ad_1] (Bloomberg) — Phillips 66 is maximizing diesel manufacturing to make the most of robust demand and would think about investing in initiatives that give its refineries larger flexibility to tweak gas output to match altering consumption patterns. The refiner reported second-quarter earnings on Friday that topped analysts’ estimates, with wider-than-expected margins boosting revenue in … Read more

Apollo-Backed Legendary Weighs Acquisition of Lionsgate Studios

[ad_1] (Bloomberg) — Legendary Entertainment LLC, the independent film and TV studio behind the Dune trilogy and A Minecraft Movie, is considering a takeover of Lionsgate Studios Corp., according to people familiar with the matter. Legendary, which is backed by Apollo Global Management, first approached the company after Lionsgate finalized its separation from the Starz … Read more