BP shares surged on Monday, rising nearly 7% in early trading, after reports emerged that activist hedge fund Elliott ...
BP (NYSE:BP) +2.8% in Tuesday's trading as activist hedge fund Elliott Management said it holds ~5% of voting rights in the company, according to a regulatory notice, crossing the threshold that ...
Shares in BP surged seven percent following the announcement that activist hedge fund Elliott Investment Management had taken a position in the company, though the size of the stake is currently ...
Update at 3 p.m. Adds response from BP. Elliott Investment Management has acquired a stake in BP (NYSE:BP), Bloomberg reported Saturday, citing people familiar with the matter. The people reportedly ...
BP shares jumped on Monday following weekend reports that activist investor Elliott Management has built a stake in the struggling oil major and could pressure the energy company to shift gears on its ...
Elliott Investment Management is demanding BP Plc make drastic cost cuts and divestments to strengthen its future as a standalone company, people with knowledge of the matter said. The activist ...
Activist investor Elliott Investment Management wants BP (NYSE:BP) to remove Giulia Chierchia, the oil company's top executive for its strategy, sustainability and ventures unit, The Times reported ...
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...
(Reuters) - Activist investor Elliott Management has met several large shareholders in BP to try to forge a consensus for more changes at the oil major that could include cost cuts and a potential ...
BP’s $3.5 billion share buyback plan is facing fresh scrutiny as oil prices soften and activist investor Elliott Management intensifies pressure on the company to boost returns through aggressive cost ...
(Reuters) -Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to transform its performance, including a big divestment programme ...
Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on Wall Street and Main Street This week, Southwest Airlines announced that it ...