CNBC's Andrew Ross Sorkin reports on the latest news.

BP (BP) shares jump in Monday's pre-market session after activist investor Elliott Management has taken up a stake in the oil ...

According to Bloomberg, Elliott Management, a well-known activist hedge fund, has acquired a stake in the struggling UK oil ...

Phillips 66 stock moved higher before the stock market open on news Elliott Management has increased its stake in the company.

Elliott Investment Management has acquired a significant $2.5 billion stake in U.S. oil refiner Phillips 66. The activist investor is advocating for operational changes, including selling or spinning ...

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

BP shares jumped at the market open following weekend reports that activist investor Elliott Management has built a stake in ...

Elliott is known for its aggressive activism in the companies it invests in, frequently pushing for rapid and significant ...

Shares in BP rose by 7% today, and were on track for the biggest daily gain in two years, as investors anticipated that ...

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

The development, if confirmed, could see transformative changes at BP going forward, as the investor may look to enhance ...

BP shares surged as activist hedge fund Elliott Management took a stake, fuelling speculation about a strategic shake-up and ...