(Reuters) - Oil major BP is considering a potential sale of its lubricants business, Castrol, which could be worth about $10 ...

Elliott Management had "at least $600 million in downside exposure" to Nvidia stock at the end of December, one analyst said.

The UK oil major faces activist pressure to retreat from a disappointing energy-transition strategy. But recent failures are ...

Southwest Airlines is eliminating 1,750 jobs, or 15% of its corporate workforce, in the first major layoffs in the company's ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...

Several BP Plc shareholders said they welcome activist Elliott Investment Management taking a stake in the British oil major ...

Elliott Management, the activist investor, has built a stake of almost 5% in BP (BP) and is pressing the oil producer to abandon its green ...

(Alliance News) - The hedge fund targeting BP PLC has built a stake in the fossil fuel company worth nearly GBP3.8 billion, according to reports, making it the third-biggest investor in the company.

This move confirms the end of a corrective phase and the start of a new Elliott Wave sequence. The price now faces critical resistance between $0.45-$0.50, marked by the 0.5 Fibonacci extension ...

Elliott Investment Management is demanding BP (BP) make significant cost cuts and divestments to strengthen its future as a standalone company, ...

Activist investor Elliott Management has disclosed a near 5% stake of about 3.8 billion pounds ($4.75 billion) in BP, making it the oil company's third-largest shareholder, the Financial Times ...

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 ...