BP shares jumped to the top of the FTSE 100 this morning as a rumour emerged that an activist hedge fund had taken a position ...

Goldman has previously explained that Phase 3 companies are those with the potential to monetize AI through generating incremental revenues, mostly in software and IT services. Phase 2 represents the ...

Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...

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

Spirit AeroSystems said on Monday it expects to post a higher-than-expected quarterly revenue, driven by restarted production ...

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 ...

BP shares surged on Monday, rising nearly 7% in early trading, after reports emerged that activist hedge fund Elliott ...

The U.S. hedge fund, which manages around $70 billion in assets, is one of Wall Street's most influential investors, known for pressuring companies to fire management, break apart and spin off ...

--BP has committed to maintain its $1.75 billion quarterly buyback. However, consensus expectations are for around $1.0 billion but it could be as low as $750 million due to weak refining margins, RBC ...

BP’s share price surged more than 6% in early morning trading on Monday after it was revealed that US activist shareholder ...

The development, if confirmed, could see transformative changes at BP going forward, as the investor may look to enhance ...

The reported stake-buying by Elliott has fuelled speculation over strategy changes at the oil giant and an overhaul of its management.