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Gap Inc. (NYSE:GPS) reported that January 2011 net sales increased 6 percent compared with last year. Net sales for the four-week period ended January 29, 2011 were $843 million compared with net sales of $797 million for the four-week period ended January 30, 2010.

Superconductor Technologies Inc. (Nasdaq:SCON) announced that certain U.S.-based investors have agreed to invest $13.3 million in cash to purchase 5,443,000 million shares of STI Common Stock. STI expects to use the approximately $12.4 million in net proceeds for general working capital purposes.

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