Posts Tagged ‘BDGN’
2-3-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
February 3rd, 2010 | Author: Tom
Stocks are lower on weak earnings reports and economic data
Stocks declined on Wednesday after disappointing results from Pfizer and transport companies, while slower-than-expected expansion in the services sector also weighed on the market.
Pfizer Inc fell 1.6 percent to $18.75 and led a broad decline in several healthcare sectors after the world’s biggest drugmaker said quarterly earnings missed estimates and forecast profits below expectations.
Ryder fell 8.7 percent to $34.08, and C.H. Robinson tumbled 6.2 percent to $53.90, while the Dow Jones transportation average lost 1.3 percent.
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Budget Center Reports Strong Demand for its Hotels Site
February 3rd, 2010 | Author: Tom
LAS VEGAS–(BUSINESS WIRE)–Budget Center Inc. (OTC: BDGN) (the “Company) is pleased to announce that since launching its online travel website www.budgethotels.com on Dec. 27, 2009, the number of new or unique visitors has been increasing by approximately 30% per week and is already in the thousands.
Budget Center to Launch Budget Airlines Online Portal
January 21st, 2010 | Author: Tom
LAS VEGAS–(BUSINESS WIRE)–Budget Center Inc. (OTC: BDGN) (the “Company”) is pleased to announce that the Company is preparing to launch www.budgetairlines.com with the intention of targeting online bookings in the discounted air travel sector.
The new website, which Management plans to launch soon, will focus on providing online travel shoppers with the ability to search for flights which serve the discount carriers only such as Southwest Airlines, West Jet, and Jet Blue etc. The site will not search for flights from the major carriers such as British Airways, Cathay Pacific etc. as these airlines do not represent its target market. Currently, discounted flights and airlines are generally difficult to source on large travel sites such as Expedia and Travelocity and are being under serviced to online consumers.
1-20-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
January 20th, 2010 | Author: Tom
Stocks are sharply lower on bank earnings and tighter Chinese lending standards
Stocks fell Wednesday on concerns that modest drops in the number of bad loans at banks and tighter lending standards in China will prolong a recovery in the economy.
Bank of America Corp. said that economic conditions “remain fragile.” However, not all the assessments were as cautious. Wells Fargo & Co. said a better economic outlook and improving credit statistics signal that conditions are strengthening.
Investors have been looking for reassurances during the early parts of earnings season that consumers are rebounding and the economy is strengthening.
Budget Center Provides Corporate Update to Shareholders
January 20th, 2010 | Author: Tom
LAS VEGAS, Tuesday January 19, 2010 (BUSINESS WIRE)–Budget Center Inc. (OTCPK: BDGN) (the “Company”) is pleased to announce that the Company’s plans for developing and launching its “Budget” brand group of websites targeting the growing number of thrift minded online travel consumers is well underway.
1-13-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
January 13th, 2010 | Author: Tom
Stocks are mixed as commodities fall
Kraft Foods raised its full-year profit forecast for the second time in two months, but stocks gave up early gains and major indexes turned negative led by declines in energy and resource shares as the price of oil and other commodities fell.
The early gains in stocks came as traders followed the start of congressional testimony about the financial crisis by heads of Wall Street’s biggest banks.
Asian markets fell as China’s moves Tuesday to curb bank lending stoked concerns that the pace of the global economic recovery may slow. China’s actions contributed to a stock slide on Tuesday.
