Scorpio Bulkers

Scorpio Bulkers Inc (NYSE: SALT) announced on Wednesday it has entered into agreements with third parties to sell 3 of its Capesize dry bulk vessels and 2 of its newbuilding Capesize dry bulk vessels that are under construction for approximately $167 million. Scorpio Bulkers also announced on...

In a report published Tuesday, UBS analyst Spiro Dounis upgraded shares of Scorpio Bulkers Inc (NYSE: SALT) to Buy from Neutral with a price target raised to $3.50 from a previous $2.75 ahead of impending vessel sales that will "lift" a "funding overhang" that has created a negative sentiment on...