BP profits slump to four year low as activist shareholder circles
BP profits slump to four year low as activist shareholder circles - Disappointing results come weeks before major investor update on new strategy
BP shares gain despite worst results since pandemic on activist investor hopes
BP’s shares are on the up despite poor Q4 results, as shareholders look to activist investor Elliott Investment Management to change the oil major’s course
Elliott’s Activism Success Gives Hope for BP’s Depressed Shares
Beleaguered shareholders of BP Plc who’ve watched their investment lag over the past few years are banking on activist Elliott Investment Management LP’s track record to help them extract some value from their positions.
BP shares climb on prospect Elliott stake will drive change
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 board changes and strategy shifts to boost returns.
BP Stock Rises Premarket On Reports Of Activist Investor Elliott Taking A Stake: Retail’s Bullish
BP Plc (BP) stock rose 6.7% in premarket trade on Monday and remained on track to open at its highest since August, on reports that Elliott Investment Management has built a stake in the oil major. Bloomberg News reported on Saturday that Elliott’s stake in BP was “significant” and that the activist investor believed that BP is ‘significantly undervalued and its performance is disappointing.
Activist Elliott Said to Build Stake in Struggling Oil Major BP
Elliott Investment Management has built a significant stake in BP Plc, according to people familiar with the matter, as the British oil major struggles to win back investor confidence and reverse years of underperformance.
BP shares surge as activist investor Elliott builds stake
BP (NYSE:BP) +6.7% pre-market Monday, poised to open at its highest since August, after activist investor Elliot Management was reported to have taken a significant stake in the company. Elliott believes BP (NYSE:BP) is significantly undervalued and is seeking to boost shareholder value by pushing the company to consider "transformative measures"
Harvard Business Review3h
The Legal Landscape Around DEI Is Shifting. Your Messaging Should, Too.
Anti-DEI activists and government officials are combing corporate websites and public statements looking for evidence of ...
U.S. Steel Activist Wants a New CEO. That’s Not Why the Stock Is Rising.
Activist investors, the president, foreign leaders, unions, and tariffs all figure in a U.S. Steel story that continues to be ...
Trump's Pick for SEC Chair Likely to Stymie Shareholder Proposals From ESG Advocates
The lawyer nominated by President Donald Trump to lead the Securities and Exchange Commission once called companies "weenies, ...
Despite immediate shareholder benefits, activist directorships may yield increased reports of stakeholder harm
The appointment of activist-nominated directors is an emerging phenomenon, but they've come with increased reports of ...
Starboard pushes an open door at Becton Dickinson as company seeks to separate its biosciences unit
Activist Starboard took a position in Becton Dickinson, calling for the company to sell its life sciences business. The ...
Conservative activist Robby Starbuck says JPMorgan a 'target' in crusade against corporate DEI policies
Anti-DEI activist Robby Starbuck laid out his strategy for targeting companies and getting them to shift on diversity ...
NBC New York10d
Third Point pushes back on a pitch to take Soho House private. Three ways the firm can maximize value
that will selectively take activist positions. Loeb is one of the true pioneers in the field of shareholder activism and one of a handful of activists who shaped what has become modern day ...