News Headline Summary

Phillips 66 (PSX) to buy back added USD 1bln shares

- Board of directors has approved a 25% increase in the co.'s dividend.

Reaction details:

- Co. shares trade around the best levels of the day; trades USD 52.55 last (+3.1%).

Print 20:01, 07 Dec 2012 - US Equities - Source: Newswires