Bear Stearns Downgrades Eagle Bulk Shipping (EGLE) to Peer Perform

May 8, 2008 8:45 AM EDT

Bear Stearns downgrades Eagle Bulk Shipping (Nasdaq: EGLE) from Outperform to Peer Perform.

Eagle Bulk Shipping Inc. is primarily engaged in the ocean transportation of a range of major and minor bulk cargoes, including iron ore, coal, grain, cement and fertilizer, along worldwide shipping routes.


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