Becton Dickinson & Company (NYSE: BDX) is trading higher as a new position for none other than Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A).

BioSante Pharmaceuticals, Inc. (NASDAQ: BPAX) is one of this morning’s few big winners on a presentation of H1N1 vaccine results.

First Solar Inc. (NASDAQ: FSLR) is getting clipped by almost 5% on a Barron’s report.

Guaranty Financial Group Inc. (NYSE: GFG) looks busted.

InterDigital, Inc. (NASDAQ: IDCC) is down by almost one-third on active volume this morning (and Friday evening too) on a patent ruling.

Lowe’s Companies (NYSE: LOW) is down about 10% after the home improvement and hardware giant posted light earnings.  This one is enough that it is affecting Home Depot (NYSE: HD) as well.

Rosetta Stone Inc. (NYSE: RST) was down over 10% after warning of higher operating expenses.

-The 24/7 Wall Street Team

August 17, 2009

They have entered into standby purchase agreements with various institutional investors and the number offered to them is based on the number of shares subscribed by their shareholders in the rights offering. The directors have indicated their intentions to fully exercise subscription rights.

The deal manager for the offering is Keefe, Bruyette, & Woods. Proceeds from the offering for the Texas and California based bank and insurance company will be used for general corporate purposes, including investments in subsidiaries. 

Since the company went public December 13, 2007 at $17.50 per share, they have steadily declined in share price to consistently below $12.00. Today, the stock is down 8% to new lows at $7.07. The 52-week range for the stock is $18.50 to $7.50. The current market cap is sitting at about $251 million.

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Rachel Lopez
April 30, 2008