BP Plc has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the ...

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Elliott Investment Management is ramping up pressure on BP Plc after its new strategy fell short of the activist investor’s expectations, people with knowledge of the matter said.

BP's Turnaround Plan Tested by Weak Earnings, Falling Shares BP Plc’s plan to turn around years of poor performance got off to a rocky start as the first set of earnings since the company’s big ...

Shares of BP have lost almost a third of their value in the last 12 months as a turnaround plan has fallen flat with investors and oil prices tumbled.

BP shares rose by 1.6% to 429.90p as of 11:05 a.m. in London, outperforming most European energy peers of the Stoxx Europe 600 Energy Index, which rose 0.2%.

However, by identifying the problems, creating a robust turnaround strategy and monitoring progress closely, it is possible to guide a company back to stability and success.

High-end fitness company Peloton seems to be making progress with its turnaround plan, as it reported its first sales increase in nine quarters on Thursday. The company reported that sales rose 0. ...

The stakes are high, yet BP’s vulnerability could also be the genesis of a true Ben Graham-style value opportunity should the turnaround plan bear fruit.

Citi plans to spend more in 2025 than it did last year on fixing long-running risk, data, and compliance deficiencies, as it carries out a yearslong turnaround plan that it refers to as its ...

Starbucks SBUX.O CEO Brian Niccol told Reuters on Tuesday that he would accelerate the rollout of the coffeehouse chain’s new staffing and service model, aiming for all 18,000 North American ...