12-28-10 TUESDAY STKINFO.COM

TUESDAY DECEMBER 28 2010

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Economic

09:00 Case/Schiller 20-City Index (Oct.): 0.59% prior
10:00 Consumer Confidence (Dec.): 56.1 cons

TOP FINANCIAL NEWS

Wall Street dips on China hike; retailers hit by storm

BUSINESS NEWS

After Hours Summary
DSCO -28% (announces reverse stock split of 1-for-15)

After Hours Gainers:

Companies trading higher in after hours in reaction to news: DRC unchanged after initially trading higher (selected to supply more than $250 mln of compression and power generation equipment).

After Hours Losers:

Companies trading lower in after hours in reaction to news: DSCO -28% (announces reverse stock split of 1-for-15).

Earnings

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After:

Events

BPAX BioSante to raise $18 mln in registered direct offering (2.00 +0.43)
Co announced that it has received commitments from several institutional investors to purchase $18 million of securities in a registered direct offering. BioSante expects to receive net proceeds of approximately $16.9 million after deducting placement agent fees and other offering expenses. BioSante has entered into securities purchase agreements with these investors pursuant to which BioSante has agreed to sell an aggregate of approximately 10.6 million shares of its common stock and warrants to purchase up to approximately 5.3 million additional shares of its common stock. Each unit, consisting of one share of common stock and a warrant to purchase 0.50 of a share of common stock, will be sold for a purchase price of $1.70, a premium to the closing price on the prior full trading day of Thursday December 23, 2010