Activist hedge fund Elliott Management has built a stake of nearly 5% in BP (BP), becoming the oil major’s third-largest shareholder, as it ...
Activist hedge fund Elliott Management has become BP’s third-largest shareholder after building a near-5 per cent stake worth almost £3.8bn, as it seeks to force the troubled UK oil major to cut ...
When Elliott Investment Management buys into a company to agitate for change, bankers and lawyers who have faced the hedge fund say executives can expect a strong view on their shortcomings, backed by ...
Activist investor Elliott Management disclosed a stake of about 3.8 billion pounds ($4.75 billion) in BP , making it the oil ...
The company's move is "positioning us to accelerate" cash-generation, its vice chairman tells Barron's. Oil futures posted their first loss in four sessions on Wednesday after official U.S. data ...
Liquefied natural gas (LNG) is natural gas that has been reduced to a liquid state through a process of cooling, making it ...
The City of London is reinventing itself and Bloomberg’s Francine Lacqua and David Merritt go behind the scenes uncovering ...
BP p.l.c.'s Q4 earnings dropped 61% Y/Y due to lower petroleum prices and refining margins. Read why I remain very bullish on ...
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources ...
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