Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...
BP shares jumped early Monday following weekend reports that activist investor Elliott Management has built a stake in the ...
Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...
Indeed, BP could fetch $26bn by disposing of some of its low carbon, pipeline and marketing businesses, Goldman Sachs ...
Activist investor Elliott Management is expected to push for BP to pivot back towards traditional oil and gas.
BP has been ordered to cut spending on renewable energy by its third largest shareholder as pressure grows on the oil giant ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
Shares of energy companies rose as one prominent Wall Street firm increased its exposure to the sector.
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