The strategic reshuffling started in 2021, when NRG's $3.625 billion Direct Energy acquisition closed. NRG then sold most of its Northeast power generation fleet and closed four Midwest power plants, ...

BP plans to sell a German refinery in support of CEO Murray Auchincloss' $2bn (£1.62bn) cost-cutting goal by 2026.

BP shares surged early Monday after reports surfaced that activist investor Elliott Management has taken a stake in the oil major. BP has underperformed its British and U.S. energy peers. The company ...

The announcement comes days after activist investor Elliott Management said it invested over $1.5 billion in Aspen, opposing ...

Shares of Aspen Technology fell Monday after Emerson Electric said its offer price of $265 per share is its best and final. This came after activist investor Elliott Management said last week that it ...

Late last week, the West Palm Beach-based hedge fund released a statement disclosing it was the largest minority owner of ...

Shares in BP (UK:BP, BP) rose, following news the activist hedge-fund firm Elliott Management had built a stake in the U.K.

Tie-ups between traditional managers and private equity firms enable both to quickly tap retail investors. But the big ...

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

Major UK-based oil producer BP (BP) is advancing 6% today after an activist investor reportedly acquired a meaningful stake ...

Shares in oil major BP rose as much as 7% to their highest since August in early trade on Monday after Reuters reported ...

Elliott Management reveals a sizable stake in London-based BP plc. RBC analysts expect the activist investor to push for ...