Orlando, FL -- (SBWIRE) -- 09/20/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On FreeSeas Inc. (NASDAQ:FREE), Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR).
FreeSeas Inc. (NASDAQ:FREE) shares gained 22.02% and closed at $0.460. The company on August 5 announced that the previously announced agreement (the "Agreement") among Deutsche Bank Nederland N.V.(the "Bank"), the Company, various wholly-owned subsidiaries of the Company and Hanover Holdings I, LLC (the "Investor") is effective with the deposit of $2,539,657 into an escrow account. The Bank, the Investor and the Company are committed for a smooth execution of the transaction as per terms of the Agreement.
Are investors worried about the recent updates with FREE? Find out with a free trend analysis HERE
Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) shares jumped 0.24% to $16.37. The company on Sept. 3 fell 2.5% in July compared to a year earlier as platforms and production facilities were shut down for maintenance. Petrobras, as the company is known, produced an average 2.49 million barrels of oil and natural gas equivalent a day (boepd) in Brazil and abroad during the month, compared with 2.55 million boepd a year earlier, the Rio de Janeiro-based company said in a statement.
The company is a Brazil-based integrated oil and gas company. The Company divides its activities into six segments: Exploration and Production; Provision; Gas and Energy; Biofuel; Distribution, and International.
Is PBR going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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