BP Pledges Strategy ‘Reset’ as Activist Elliott Builds Stake
BP Plc pledged major changes at its upcoming strategy update after reporting a sharp drop in profit, as the company seeks to ...
BP promises fundamental reset as Q4 profit hit four-year low
BP reported quarterly profit of $1.17 billion on Tuesday, weaker than expected and the lowest in four years, while the ...
BP profits slump to four year low as activist shareholder circles
The boss of BP today promised “to fundamentally reset” the oil supermajor’s strategy after he unveiled a 60% fall in profits ...
BP Announces Strategy Reset to Focus on Cash Flow, Returns
BP said profit fell more than expected and that it would reset its strategy, days after reports that activist hedge fund ...
BP vows ‘fundamental reset’ after profits plunge
BP has vowed to “fundamentally reset” its strategy after a plunge in profits and pressure from a New York activist investor.
BP boss vows to ‘reset’ strategy after annual profits slump
BP’s boss has pledged to “fundamentally reset” the firm’s strategy as annual profits slumped by more than a third and the oil ...
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LONDON BRIEFING: BP profit declines and says to "fundamentally reset"
In early UK corporate news, BP reported a profit decline ahead of a key strategy update later this month. Gambling firm Entain said its chief executive has stepped down after less than six months in ...