Wall Street News Alert's "stocks to watch" this morning are:
Universal Detection Technology (OTCBB: UNDT), Gilead Sciences, Inc.
(NASDAQ: GILD), Northrop Grumman Corporation (NYSE: NOC) and The
Shaw Group Inc. (NYSE: SGR).
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Yesterday was a big day for Universal Detection Technology
(OTCBB: UNDT), and the company should have investors monitoring the
stock very closely! Yesterday after the markets closed, the
company, a developer of early-warning monitoring technologies to
protect people from bioterrorism and other infectious health
threats and provider of counter-terrorism consulting and training
services, issued a press release announcing that that it has
received a purchase order for its anthrax detection equipment from
the United States Army Corps of Engineers. The detection equipment
is designed to check for anthrax and can return results in as
little as 3 minutes.
Great news for the company and its investors! The United States
Army Corps of Engineers (USACE) is made up of approximately 34,600
Civilian and 650 military members. The military and civilian
engineers, scientists and other specialists work hand in hand as
leaders in engineering and environmental matters. The diverse
workforce of biologists, engineers, geologists, hydrologists,
natural resource managers and other professionals meets the demands
of changing times and requirements as a vital part of America's
Army.
UNDT has received the purchase orders referred to in this news
release through Security Solutions International (SSI). The
equipment was billed to the USACE by SSI as part of participation
in the counterterrorism training at the Gulf Coast Terrorism
Conference and is expected to be delivered to them directly from
UDT within the next 30 days.
A second press release was also issued yesterday, in which the
company announced that it has received a purchase order for its
anthrax detection equipment from the Department of Homeland
Security, U.S. Customs and Border Patrol. The U.S. Customs and
Border Patrol is one of the Department of Homeland Security's
largest and most complex components, with a priority mission of
keeping terrorists and their weapons out of the U.S. It also has a
responsibility for securing and facilitating trade and travel while
enforcing hundreds of U.S. regulations, including immigration and
drug laws.
UNDT has received the purchase orders referred to in this news
release through Security Solutions International (SSI). The
equipment were billed to the DHS by SSI as part of participation in
the counterterrorism training at the Gulf Coast Terrorism
Conference and are expected to be delivered to them directly from
UDT within the next 30 days.
According to the release, UNDT's anthrax detection equipment has
been extensively used by first responders and private industry
throughout the country. The equipment has been evaluated by the
U.S. DOD as well as the United Kingdom military.
Investors are urged to continue to monitor the progress of the
company!
The stock closed Yesterday at Two cents a share.
For a recent Wall Street News Alert's in-depth profile of
Universal Detection Technology, visit
http://www.WallStreetNewsAlert.com/HotStocks/UNDT101608/default.aspx.
Gilead Sciences, Inc. (NASDAQ: GILD) up 8.1% on 17 million
shares traded. Gilead Sciences is a biopharmaceutical company that
discovers, develops and commercializes innovative therapeutics in
areas of unmet medical need.
Northrop Grumman Corporation (NYSE: NOC) up 5.8% on 4.6 million
shares traded. Northrop Grumman Corporation is a global defense and
technology company whose 120,000 employees provide innovative
systems, products, and solutions in information and services,
electronics, aerospace and shipbuilding to government and
commercial customers worldwide.
The Shaw Group Inc. (NYSE: SGR) up 2.7% on 6.2 million shares
traded. The Shaw Group Inc. is a leading global provider of
technology, engineering, procurement, construction, maintenance,
fabrication, manufacturing, consulting, remediation and facilities
management services for government and private sector clients in
the energy, chemicals, environmental, infrastructure and emergency
response markets.
Market Commentary:
"The Labor Department reported Thursday that initial claims for
unemployment insurance last week fell 16,000 to a seasonally
adjusted level of 461,000. That was below analysts' expectations of
475,000," stated Sonja Rudd in Wall Street News Alert's daily
commentary continued at: http://www.WallStreetNewsAlert.com.
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For current services performed for Universal Detection Technology
(OTCBB: UNDT), WSCF has been compensated Four Hundred Thousand
shares, by a third party (Julius Investments), who is
non-affiliated and may hold a significant position in the stock.
WSCF holds all of those shares as of this release, but intends to
immediately begin selling its shares as this release is being
circulated. In 2008, WSCF was also previously compensated Four
Hundred Thousand shares, by a third party (Wang Finance), who is
non-affiliated and may hold a significant position in the stock.
WSCF has sold all of those shares. Also in 2008, WSCF was
previously compensated One Hundred and Fifty Two Million shares of
Universal Detection Technology prior to the company's symbol
change, by a third party (Zebra Equities), who is non-affiliated
and may hold a significant position in the stock. WSCF has sold all
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