Search Blog
December 2013
« Nov   Jan »


Opening Buzz: Petroleo Brasileiro Petrobras, Zoom Technologies Inc, Bank of Ireland, Akamai Technologies


By PrimeTimeMedia LLC

New York, December 02, 2013 /Accesswire/ – Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for Zoom Technologies Inc(NASDAQ:ZOOM), Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR), Bank of Ireland (ADR)(NYSE:IRE), Akamai Technologies, Inc.(NASDAQ:AKAM).

Zoom Technologies Inc(NASDAQ:ZOOM) shares slide as
investors who ran shares up as high as 244% since Wed. go for the door. The
potential cause? A lack of new information from Zoom on the reverse merger with
Beijing Baifen Tonglian Information & Technology, including the
to-be-acquired company’s financials.

Free Urgent Insider Catalyst Report For ZOOM Available Here: (Or Copy and paste the URL into your browser)

Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) slumps 10% after Friday’s announcement of a 4% price rise for gasoline and 8% for diesel, but “for commercial reasons, the parameters of the pricing methodology will be strictly internal to Petrobras.” Raymond James analysts also say the guidelines on the pricing methodology are confusing, with two seemingly contradictory between Brazilian and international prices,” while the second is to “prevent transferring the volatility of international prices to the domestic consumer.”

Free Urgent Insider Catalyst Report For PBR Available Here: (Or Copy and paste the URL into your browser)

Bank of Ireland (ADR)(NYSE:IRE) core tier one capital ratio falls a sharp 360 basis points to 10.6% following a balance sheet assessment and asset quality review by the Irish central bank. Under Basel III rules set to begin on January 1, the ratio will slip to 9.85%. “The bank continues to expect to maintain a buffer above a tier one ratio of 10%,” says the lender, and the central bank has not asked it to raise fresh capital.The review found the bank needs to reserve for an additional €360M in mortgage losses, €486M for property, construction, SME, and corporate loans, and €547M for defaulted loans.The news comes at a tricky time for the bank which is considering raising €600M in fresh equity to help buy back $1.8B in preferred stock owned by the government (the cost of redeeming jumps 25% in March).

Free Urgent Insider Catalyst Report For IRE Available Here: (Or Copy and paste the URL into your browser)

Akamai Technologies, Inc.(NASDAQ:AKAM) is acquiring Prolexic, a provider of cloud-based services for protecting companies and data centers from distributed denial-of-service (DDoS) attacks, for $370M in cash. (PR)The deal is expected to close in 1H14, and to dilute Akamai’s EPS in “the first full year post closure” by $0.06-$0.08.Akamai declares the combination of its existing security offerings (backed up by a giant CDN that can offload traffic from a data center facing a DDoS attack) with Prolexic’s services will allow it to offer “a comprehensive portfolio of security solutions designed to defend an enterprise’s Web and IP infrastructure against application-layer, network-layer and data center attacks.”The high-margin security services market has increasingly been a priority for Akamai. Earlier this year, the company launched Kona Site Defender, its own solution for dealing with DDoS and other hacking attacks.

Free Urgent Insider Catalyst Report For AKAM Available Here: (Or Copy and paste the URL into your browser) is an investment community that focuses on MicroCap Securities. is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. If you would like more information regarding our news coverage solutions, please visit for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at

Follow us on Facebook:

Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126 (SMS alerts are free, however data rates may apply, check your wireless plan for details.).