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Shares in BP, the oil company that has lagged behind rivals Exxon and Chevron for years, jumped after activist investor ...
BP shares rise after Elliott reveals 5% stake, presses for spending cuts and renewed oil focus, challenging the company’s ...
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Activist Elliott Management could help spur a great opportunity for shareholders now that the firm has a stake in Hewlett ...
Activist investor Elliott Management has acquired a significant stake in BP and is advocating for substantial spending cuts ...
Elliott Investment Management argues that streamlining Phillips 66 would improve the company's performance, but critics point out that Elliott is in a bidding competition to acquire Citgo, which is a ...
Phillips 66 is arguing that Elliott Investment Management should back down from its push to break up the energy company ...
BP (NYSE:BP) is heading into a high-stakes board re-election with fire on all sides. Activist giant Elliott Management, now ...
At BP’s investor day in February, chief executive Murray Auchincloss promised a “fundamental reset” of BP’s strategy. He said the company would cut spending on green energy by 70 per cent and sell ...
That value increases significantly with better management execution ... having previously engaged the company from 2014-2015. In this engagement, Elliott called for a slew of capital allocation ...
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