Shares of Teekay Tankers (TNK) are trading lower near noon after Bank of America downgraded the stock to Neutral following the company’s

HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Teekay Tankers Ltd. (TNK) on Wednesday reported profit of $58.8 million in its third quarter. The Hamilton, Bermuda-based company said it had net income of $1.69 per share. Earnings, adjusted for non-recurring costs, were $1.83 per share.

BofA downgraded Teekay Tankers (TNK) to Neutral from Buy with a price target of $51, down from $57, after the company posted adjusted Q3 EPS of