The activist hedge fund is encouraging BP to consider more dramatic moves to restore the once venerable company’s fortunes.

BP shares rose sharply after it was revealed that activist hedge fund Elliott Investment Management had taken a stake in the ...

The Dallas-based airline is shrinking its board from 15 members to 13 as part of an agreement with activist investor Elliott ...

Honeywell, one of the last remaining American industrial giants, announced it will split into three companies Thursday after ...

Find insight on BP and more in the latest Market Talks covering energy and utilities.

BP is under mounting pressure to break itself up and ditch its net zero projects after activist hedge fund Elliott built a ...

BP (BP) stock surged as investors cheered news that activist hedge fund Elliott Management had taken a stake in the oil major. Shares of ...

Activist investor Elliott demands major changes at Phillips 66, calling for asset sales, leadership overhaul, and higher refining targets.

BP Chairman Helge Lund is also regarded as vulnerable given Elliott's history of calling for management changes, both sets of analysts write. Lund is closely associated with BP's prior low-carbon ...

Honeywell plans to separate its automation and aerospace technologies businesses from the U.S. industrial conglomerate, ...

Analysts suggest hedge fund will want board room shake-up, E&P focus, asset sales, spin-offs and could 'smoke out' corporate ...

BP shares have dropped almost 8%, compared with a gain of about a third for its closest rivals Shell and TotalEnergies.