| Hot Stock Highlights: UDTT, BSC, ABI, YHOO
Wall Street Press Wire (www.WallStreetPressWire.com) is pleased to highlight its "stocks on the move" for Tuesday. Our list includes: Universal Detection Technology (OTC BB:UDTT.OB - News), Bear Stearns Companies Inc. (NYSE:BSC - News), Applied Biosystems Group (NYSE:ABI - News) and Yahoo! Inc. (NasdaqGS:YHOO - News). .
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A RETIRED businessman revealed yesterday how he lost s146,000 to boiler room share fraudsters. Tom McHenry, 61, invested his life savings in 10 overseas firms after being cold called at home by a financial salesman. But now the firms he was encouraged to plough his cash into have either disappeared or won't take his calls. He told of his fraud ordeal days after police in the US arrested a father and daughter team who duped Britons into spending millions on worthless shares. They were seized in a massive operation against boiler room fraud - so-called because the scamsters operate from basements in prestigious buildings in some of the world's best-known financial districts. Tom, of Salsburgh, Lanarkshire, is one of thousands of victims.
Ahead of the Bell: Oil Inventory
Government data scheduled for released Wednesday is expected to show that crude-oil inventories rose last week for the third straight period. The Energy Department's forecasting arm, the Energy Information Administration, publishes petroleum inventory data for the week ended March 21 at 10:30 a.m. EDT. .
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