Scorpio Bulkers (SALT) Reports In-Line Q4 Loss

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Credit Suisse Downgrades Scorpio Bulkers (SALT) to Neutral

March 5, 2015 6:27 AM EST

Credit Suisse downgraded Scorpio Bulkers (NYSE: SALT) from Outperform to Neutral with a price target of $3.00 (from $10.00) following Q4 results.

Analyst G. Lewis said, " Under a backdrop of declining asset prices and our expectation of continued weakness in asset prices... More