BP (BP) stock surged as investors cheered news that activist hedge fund Elliott Management had taken a stake in the oil major. Shares of ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

Elliott Management, managing $70B, has reportedly taken a stake in BP, urging significant changes to improve performance.

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that ...

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...

(Reuters) - BP's fourth-quarter profit fell to $1.17 billion on Tuesday, marking the lowest earnings for the oil major in ...

BP's U.S.-listed shares are rising 6% in premarket trading Monday following reports that activist hedge fund Elliott Investment Management has amassed a stake in the British oil giant and is seeking ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.

BP shares soared more than 6% at Monday's market open after news reports surfaced over the weekend that activist hedge fund Elliott Management has built a stake in the U.K. oil major.The size of ...

Shares in oil major BP rose as much as 7% to their highest since August in early trade on Monday after Reuters reported ...