LONDON - BP boosted its dividend and share buybacks after beating expectations with a $2.8 billion second-quarter profit powered by higher oil prices and recovering demand. The strong results, ...
BP shares surged 8% after an activist hedge fund took a stake in the company. It was reported over the weekend that Elliott Management had taken a stake in the energy giant. BP's share price has ...
BP shares whipsawed on Wednesday after activist investor Elliott went public with a stake of more than 5% in the struggling British oil major, which has pivoted back to oil in a bid to restore ...
BP shares jumped Wednesday on a report that the oil major is in early-stage talks to be acquired by Shell. People familiar with the matter told The Wall Street Journal that talks between BP and Shell ...