Stifel Downgrades Scorpio Bulkers (SALT) to Hold
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Star Bulk Carriers Corp. Announces a Seven Vessel Transaction With Scorpio Bulkers Inc.
February 2, 2021 8:45 AM ESTATHENS, Greece, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq: SBLK) a global shipping company focusing on the transportation of dry bulk cargoes announced today that it has entered into an agreement with SCORPIO BULKERS INC. (Scorpio) (NYSE: SALT) to acquire seven vessels (the Vessels), by assuming the outstanding lease obligations of the Vessels which are currently at $102.3 million. As consideration, the Company will issue to Scorpio three million newly issued SBLK shares.  The transaction is subject to the approval of the lessor... More
Scorpio Bulkers Inc. Announces Financial Results for the Fourth Quarter of 2020, Declares a Quarterly Cash Dividend and Announces the Sale of Seven Vessels
February 2, 2021 8:07 AM ESTMONACO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Scorpio Bulkers Inc. (NYSE: SALT) (Scorpio Bulkers or the Company), today reported its results for the three months ended December 31, 2020.
The Company also announced that on January 29, 2021 its Board of Directors declared a quarterly cash dividend of $0.05 per share on the Companys common shares.
Share and per share results included herein have been retroactively adjusted to reflect the one-for-ten reverse stock split of the Companys common shares, which took effect on April 7, 2020.
Results for the Three and Twelve Months Ended... More
