Elliott builds BP stake of nearly 5%, pushes for big divestments, source says
Activist investor Elliott Management has built a near 5% stake in BP and is pushing the oil company to take radical action to ...
BP price target raised to 424 GBp from 407 GBp at Morgan Stanley
Morgan Stanley raised the firm’s price target on BP (BP) to 424 GBp from 407 GBp and keeps an Equal Weight rating on the shares.Maximize Your ...
Business Insider4d
BP shares jumped 8% after renowned activist investor Elliott took a stake in the energy giant
Energy giant BP's shares have soared after activist hedge fund Elliott Investment Management revealed it has taken a stake in the British company. Shares in BP rose by as much as 8.2% in early ...
Reuters5d
BP shares climb on prospect Elliott stake will drive change
LONDON, Feb 10 (Reuters) - Shares in BP (BP.L), opens new tab rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder ...
Yahoo Finance4d
BP shares climb on prospect Elliott stake will drive change
LONDON (Reuters) - Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press ...
Yahoo Finance5d
BP shares climb on prospect Elliott stake will drive change
LONDON (Reuters) - Shares in BP rose by 7% on Monday, and were on track for the biggest daily gain in two years, as investors anticipated that activist shareholder Elliott Management will press for ...
Yahoo Finance4d
BP shares hit highest since August after Elliott builds stake
LONDON (Reuters) - Shares in oil major BP rose as much as 7% to their highest since August in early trade on Monday after Reuters reported Elliott Management had built a stake in the company, citing a ...
Rigzone28d
BP Confirms Job Cuts
BP confirmed thousands of job cuts in a statement sent to Rigzone on Friday. “Last year, we began a multi-year program to simplify and focus BP,” the statement noted. “We are strengthening ...
New York Post29d
BP cuts nearly 5,000 jobs in wake of ex-CEO Bernard Looney scandal
BP will slash over 5% of its global workforce as part of CEO Murray Auchincloss’ efforts to reduce costs and rebuild investor confidence after the energy giant was rocked by scandal, the company ...
Forbes29d
Energy Giant BP To Cut Nearly 8,000 Jobs Worldwide
Energy giant BP (LON: BP) unveiled nearly 8,000 job cuts on Thursday, as part of corporate cost cutting measures across its global operations. Confirming the job losses, the FTSE 100 company said ...
CNN29d
Oil giant BP axing thousands of jobs
BP is planning to cut more than 5% of its 90,000-strong workforce as part of a cost-cutting drive. The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs ...